1508 Cinema Dr - Hospitality FOR SALE
Statesville, NC 28625 |
1508 Cinema Dr
Statesville, NC 28625
HIGHLIGHTS
- Fee simple interest in the institutionally owned and third party managed 80-room Hampton Inn Statesville, North Carolina.
- Part of a larger institutional portfolio being auctioned in the August 14th event with Ten-X, including the adjacent 94-room Courtyard.
- Unencumbered by third-party management with an opportunity to retain the Hampton brand through a long-term relicense agreement with Hilton.
- Opportunity to purchase a well-maintained asset at a steep discount to replacement cost.
- Delivering exceptional in-place performance with May 2024 T12 RevPAR exceeding $100.
- Proximate to the Interstate-40 / Interstate – 77 interchange which sees more than 120,000 vehicles pass the location daily.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Hampton Inn Statesville
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
46588
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2006
PARKING SPACES
78
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
CU-26 B-4
APN/PARCEL ID
4744-74-9678.000
