Renovated 85-Room
For Sale
Contact for pricing
103 Brook Ln, Spring Lake, NC 28390
Two-story lodging property with interior corridors, fee-simple ownership, and access to established military and regional demand generators.
Property SizeContact for details
Lot Size2.36 Acres
Days on Market144
Property Features for 103 Brook Ln
General Information
Standard status
Active
Lot size
2.36 Acres
Property subtype
Hospitality
Additional Details
Road Access
Yes
Building Details
Year Built
1995
Year Renovated
2021
Buildings
1
Stories
2
Listing Agency:
Colliers - Richmond, Virginia
(804) 441-7722
Listed By:
Prashant Merchant · License #VA 0225226862
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 1:42PM
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
Investment Insights
Based on property information with market context.
The Country Inn & Suites Spring Lake-Fort Bragg is an 85-room, two-story hotel with interior corridors on a 2.36-acre parcel. Constructed in 1995, the property received renovations beginning in 2018 and completed in 2021. The offering includes fee-simple interest and is not subject to third-party management or debt.
The hotel fronts Route 24/87-North Bragg Blvd, a corridor carrying 40,000 vehicles per day. Fort Bragg is approximately seven miles away, with additional area demand sources including Cape Fear Botanical Garden, the Airborne & Special Operations Museum, the Crown Complex, Fayetteville State University, the Fayetteville Historic District, and Cross Creek Mall.
The property operates under the Country Inn & Suites brand. Historical operating data includes a 94% RevPAR Penetration Index in both 2018 and 2019, followed by 80% in 2021 and 76% in 2022 against the identified competitive set.
The hotel fronts Route 24/87-North Bragg Blvd, a corridor carrying 40,000 vehicles per day. Fort Bragg is approximately seven miles away, with additional area demand sources including Cape Fear Botanical Garden, the Airborne & Special Operations Museum, the Crown Complex, Fayetteville State University, the Fayetteville Historic District, and Cross Creek Mall.
The property operates under the Country Inn & Suites brand. Historical operating data includes a 94% RevPAR Penetration Index in both 2018 and 2019, followed by 80% in 2021 and 76% in 2022 against the identified competitive set.
Key Highlights
- 85‑room, two‑story hotel with interior corridors
- 2.36‑acre hotel site with fee‑simple interest
- Renovations began in 2018 and were completed in 2021
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
Explore this area
Business Placement
Demographics for 28390, NC
23,799
Population
10,204
Households
2.3
Avg Household Size
31
Median Age
28%
College-Educated
93%
High-School Grad
60.2 sq mi
ZIP Area
395
Density / Sq Mi
$58,750
Median Household Income
$36,678
Median Earnings
$1,151
Median Rent
$195,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Two-story lodging property with interior corridors, fee-simple ownership, and access to established military and regional demand generators.
Where is this hotel located?
The property is located at 103 Brook Ln Spring Lake, NC.
What are key features of this property?
This property features: 85‑room, two‑story hotel with interior corridors; 2.36‑acre hotel site with fee‑simple interest; Renovations began in 2018 and were completed in 2021
