| Fee-Simple Interest in the 109-Key, Recently Opened, Select-Service Holiday Inn Express Asheville-Woodfin, Unencumbered by Management |
| New-Construction Concrete-Built Asset | Property Opened in May 2024 | 20-Year Franchise Agreement Signed in 2023, Valid Through 2043 |
| Premier Location in North Asheville, 5 Miles from Asheville Downtown and 15 Miles from Asheville Regional Airport |
| 2.13-Acre Parcel with Visibility to I-26 (59,000 VPD) and Highway19/25 (12,000 VPD) |
| Consistent Competitive Set RevPAR of $100-$109 | Pro-Forma Revenue at the Hotel is Expected to Surpass $4,100,000 with a Projected NOI of $1,600,000+ |
| Hotel Recently Appraised with a Stabilized Valuation of $21,100,000 | Opportunity to Purchase a Premium-Branded Asset in a Premier Destination Market |
Prashant Merchant
Colliers | Virginia