2848 Bragg Blvd - Hospitality FOR SALE


Fayetteville, NC 28303
$2,550,000 USD
919-455-5949
2848 Bragg Blvd, Fayetteville, NC for Sale
$2,550,000 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

2848 Bragg Blvd
Fayetteville, NC 28303


HIGHLIGHTS

  • Currently Managed by Staff only and significant upside and Great Opportunity for Owner Operator
  • Lots of Potential to increase the revenue by changing the Brand as well operate 24 hour
  • Manager/Owner Apartment on premises, which will help Owner to stay close to family and look after day to day operations
  • Minimum cost and flat fee to keep Knights Inn franchise - Almost no PIP
  • Other possible brands to convert such as Econo, Days, Super 8, Red Roof, Red Carpet, ABVI, OYO
  • Please DO NOT Visit and Disturb Staff for this operating Motel - Must Schedule the visit with listing broker

OVERVIEW

Prime investment opportunity. Perfect for an owner operator.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$60 USD /SF

# OF ROOMS

61

PRICE/ROOM

$41,803 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Knights Inn Fayettevile

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

63

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

CC

APN/PARCEL ID

0428-12-7007

ASK ABOUT THIS PROPERTY

Akshat PatelPrime Source PropertiesMore Info
919-455-5949

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Akshat PatelPrime Source PropertiesMore Info
919-455-5949

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.