64-Room Interior-Corridor
1006 Marco Drive, Apex, NC 27502
For Sale
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A major property improvement program wrapped up in late 2024, with elevator and roof upgrades completed the following year.
Property SizeContact for details
Lot Size2.23 Acres
Days on Market39
Property Features for 1006 Marco Drive
General Information
Standard status
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Building Details
Year Built
Year Renovated
Buildings
Stories
Listing Agency:
Colliers - Richmond, Virginia
Listed By:
Prashant Merchant · License VA #0225226862
(804) 441-7722
Source:
Crexi
Added: Oct 7
Changed: Nov 9
Last Checked: Nov 12 at 7:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Richmond, Virginia
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Investment Insights
Based on property information with market context.
The Holiday Inn Express Apex Raleigh is a 64-room, four-story hotel with interior corridors on approximately 2.23 acres. Built in 2002, the property received a full-gut Property Improvement Plan completed in late 2024. Further work in 2025 upgraded the elevator system and replaced the roof. The hotel is offered fee simple, without debt or third-party management, and carries an IHG flag supported by an official closing PIP letter.
The property has direct access and visibility at the U.S. Highway 64 and NC-55 interchange, which records 45,000 vehicles per day. U.S. Highway 1 is also nearby, with 59,000 vehicles per day. Raleigh-Durham International Airport is 11.6 miles away, and Research Triangle Park is 15 miles away. Nearby demand generators include Peak City Business Park, Apex Commerce Center, Pleasant Park sports complex, and the developing Veridea project and UNC/Duke Health North Carolina Children’s Hospital.
The property has direct access and visibility at the U.S. Highway 64 and NC-55 interchange, which records 45,000 vehicles per day. U.S. Highway 1 is also nearby, with 59,000 vehicles per day. Raleigh-Durham International Airport is 11.6 miles away, and Research Triangle Park is 15 miles away. Nearby demand generators include Peak City Business Park, Apex Commerce Center, Pleasant Park sports complex, and the developing Veridea project and UNC/Duke Health North Carolina Children’s Hospital.
Key Highlights
- 64 guest rooms in a four‑story, interior‑corridor hotel
- Approximately 2.23 acres; hotel constructed in 2002
- Direct access and visibility at the U.S. Highway 64 and NC‑55 interchange, with 45,000 vehicles per day
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
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Business Placement
Demographics for 27502, NC
45,725
Population
17,607
Households
2.6
Avg Household Size
37
Median Age
66%
College-Educated
97%
High-School Grad
28.3 sq mi
ZIP Area
1,616
Density / Sq Mi
$137,088
Median Household Income
$73,848
Median Earnings
$1,786
Median Rent
$491,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - A major property improvement program wrapped up in late 2024, with elevator and roof upgrades completed the following year.
Where is this hotel located?
The property is located at 1006 Marco Drive Apex, NC.
What are key features of this property?
This property features: 64 guest rooms in a four‑story, interior‑corridor hotel; Approximately 2.23 acres; hotel constructed in 2002; Direct access and visibility at the U.S. Highway 64 and NC‑55 interchange, with 45,000 vehicles per day
