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312 W J J Dr
Greensboro, NC 27406

$3,500,000 USD

Hotel For Sale  •  37,482 SF

Property Details

  • Property Type Hotel
  • Total Building Size 37,482 SF
  • Lot Size 3.01 AC
  • Building Class C
  • Year Built 1972
  • Cap Rate 8.57 %
  • Tenancy Single
  • Zoning LI
0 Transit Score
36 Walk Score

Description 

Large lot on interstate 40, with immediate access. Property has One office with managers quarters, two buildings having 52 rooms each, total rooms 104; plus potential for an additional 52 rooms. Property also includes a Freeway Bill Board for additional revenue or advertising.

Highlights

Additional Room for expansion, Seller will Finance, Great Starter Opportunity

Property Flyers

Financial Summary (Actual)

Net Operating Income: $356,593 USD (2023)
Cap Rate: 8.57 %
Total Expenses: $390,684 USD

Amenities

  • High Speed Internet Access
  • Public Access Wifi

Public Transportation

Commuter RailDriveWalkDistance
Greensboro Station (Piedmont - North Carolina by Train (NC Train)) 6 min - 3.3 mi
AirportDriveWalkDistance
Piedmont Triad International 20 min - 11.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 172
Type: Surface
Included in Rent: Yes
Joanne Liu 702-686-8396 Joanne Liu
Joanne Liu 702-686-8396 Joanne Liu