Knights Inn

May 8, 2024

Location: North Carolina

Units: 111

NEW LISTING

Property Overview:

The property is a 111 – unit limited service Knights Inn. The facility, built in 1988, is made up of (5) one-story structures consisting of 111 exterior corridor guestrooms, a spacious lobby, guest laundry, as well as an outdoor swimming pool, all of which is situated on +/- 3.97 acres of land with excellent Interstate accessibility.

Physical Features:

  1. Two story building
  2. +/- 3.97 acres of land
  3. Spacious lobby
  4. Outdoor pool
  5. Guest laundry

Investment Considerations:

  • Absentee ownership
  • Located in close proximity to a number of demand generators and eateries
  • Located just off a major interstate in North Carolina 
  • Managers apartment
  • Recent renovations to include new roofs on all buildings
  • Upward trending room revenue

 

Historical Revenues:

Financial information is available upon request after completion of the required Confidentiality Agreement

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