Hotel For Sale • 124,740 SF
Fee-Simple Interest in the 2010-Built, Limited-Service, Interior-Corridor, Four-Story Hotel |
Expansive 2.42-Acre Site Within the Premier Lake Norman/Huntersville Submarket of Charlotte |
Convenient Location off I-77 (92,000 Vehicles Per Day) 20 Minutes (14 Miles) from Uptown Charlotte |
Property Recently Underwent a Major Renovation from 2020-2023 | Approximately $1,700,000 Spent in Capital Improvements |
Expected to Trade with a New 20-Year Franchise Agreement with Comfort Suites, Subject to a Minimal Property Improvement Plan |
Upside Potential | Prospective Purchaser can Leverage Recent Renovations to Increase RevPAR | 92% RevPAR Index |
Airport | Drive | Walk | Distance |
---|---|---|---|
Concord-Padgett Regional | 20 min | - | 12.3 mi |
Charlotte/Douglas International | 30 min | - | 20.3 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 130 |
Type: | Surface |
Included in Rent: | Yes |