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1695 Outlet Center Dr
Selma, NC 27576

Price Upon Request

Hotel For Sale • 30,468 SF

Property Details

Property Type Hotel
Total Building Size 30,468 SF
Lot Size 1.98 AC
Building Class B
Year Built 1997
Tenancy Multiple
Zoning COM

0 Transit Score

22 Walk Score

                
                    Highlights
                
                                Fee-Simple Interest in the 75-Key, 4-Story, Interior-Corridor, Limited-Service Hotel
                            
                                Expansive 1.98-Acre Site Located Next to the Carolina Premium Outlet Center, with Full Visibility to I-95 (44,000 VPD) and Highway 70 (18,000 VPD)
                            
                                Comprehensive Renovation Completed by the Seller in 2020/2021 | Minimal-to-no-PIP for Incoming Purchaser
                            
                                20-Year Franchise Agreement Signed in 2020 Valid through 2040 | Newest La Quinta Del Sol Prototype Renovation Completed
                            
                                Significant Operational Upside by Leveraging Recent Renovations | 90% RevPAR Penetration Index
                            
                                Highly Accessible Interstate Location with Proximity to Raleigh-Durham (30 Miles to Downtown Raleigh)

Amenities

Business Center
Fitness Center
Pool
Restaurant
Meeting Event Space

Public Transportation

Commuter Rail	Drive	Walk	Distance
Selma (Carolinian - Amtrak, Palmetto - Amtrak)	4 min	-	2.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	75
Type:	Surface
Included in Rent:	Yes

Prashant Merchant 757-589-6954 Colliers | Virginia

1695 Outlet Center Dr Selma, NC 27576