NEW LISTING
Property Overview:
The Best Western, which underwent a substantial renovation, is ideally located on a major route in North Carolina. The facility is a two-story structure consisting of 58 interior corridor guestrooms, as well as, an outdoor swimming pool, meeting space, a spacious lobby, fitness center and breakfast room, all of which is situated on +/- 3.26 acres of land with excellent roadside visibility.
Physical Features:
- Interior corridor
- Two story
- Outdoor swimming pool
- +/- 3.26 acres of land
- Exercise facility
- Meeting room(s)
- Built in 1998
Investment Considerations:
- Strategically located to the property’s many demand generators to include leisure destinations, shopping, and commercial demand generators.
- Based on current condition of the property little to no PIP is expected upon a change of ownership
- The area of the subject property is seeing a great deal of ongoing new development
- Excellent physical plant – the property underwent a substantial renovation / rebranding in CY 2019 to include a new roof, guestroom, commercial areas, etc.
- Absentee out of state ownership offers an excellent upside for a focused owner / operator