Property summary
This fee-simple owned, 104-key Sleep Inn hotel presents a compelling investment opportunity. Located at 1406 Heartland Drive, Kernersville, NC 27284, this established property boasts a prime location and significant potential for return. Built in 1995, the hotel sits on a 2.2-acre lot in Forsyth County, offering ample space and potential for future development or expansion. The property's 104 keys cater to a substantial market demand, ensuring consistent occupancy rates. The asking price for this turnkey operation is $7,995,000. This represents a rare chance to acquire a well-established hotel in a thriving North Carolina market. The property's strategic location near I-40 provides excellent accessibility for both business and leisure travelers. With its proven track record and strong market position, this Sleep Inn hotel offers a stable and potentially lucrative investment for discerning buyers. Detailed financial information is available upon request. This is a fee simple ownership, providing complete control and ownership of the property.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The HB-S District is primarily intended to accommodate retail service and distributive uses. The district is established to provide locations for establishments which require high visibility and good road access, or whic…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
HB-S · Kernersville, NCThe HB-S District is primarily intended to accommodate retail service and distributive uses. The district is established to provide locations for establishments which require high visibility and good road access, or whic…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The HB-S District is primarily intended to accommodate retail service and distributive uses. The district is established to provide locations for establishments which require high visibility and good road access, or whic…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HB-S in Kernersville, NC.
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