Holiday Inn Express
For Sale
$16,475,000
1943 Blowing Rock Rd, Boone, NC 28607
The five-story hotel has 129 guest rooms and recently completed a PIP renovation.
Property Size77,427 SF
Days on Market8
Property Features for 1943 Blowing Rock Rd
General Information
Standard status
Active
Size
77,427 SF
Property subtype
Hotel-Motel
Additional Details
Cap Rate
6.22%
Amenities
Comprehensive Renovation Recently Completed
ADR +/- $10 Below the Competitive Set
Approximately One Mile to Appalachian State University
Located Near Blue Ridge Parkway, Historically the Most Visited National Park in the Country with over 16.7mm Annual Visitors
Proximate to Grandfather Mountain, Tweetsie Railroad, Watauga Medical Center, Samaritan's Purse, and More
Building Details
Building Size
77,427 SF
Year Built
2001
Buildings
1
Stories
5
Listed By:
Rob Hunter · License #License(s): FL: SL3241692, AL: 00091540, NC: LC738
(954) 245-3473
Source:
Marcusmillichap
Added: Sep 28
Changed: Oct 2
Last Checked: Oct 4 at 6:13AM
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 Rob Hunter
Investment Insights
Based on property information with market context.
This Holiday Inn Express is a five-story hotel with 129 guest rooms. Built in 2001, the property recently completed a PIP renovation, updating the hotel under its existing brand affiliation.
The hotel is located in Boone, North Carolina, in the Blue Ridge Mountains. Its address is 1943 Blowing Rock Rd.
The hotel is located in Boone, North Carolina, in the Blue Ridge Mountains. Its address is 1943 Blowing Rock Rd.
Key Highlights
- 129 guest rooms
- Five‑story hotel built in 2001
- Recently completed a PIP renovation
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,332
Businesses Nearby
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Business Placement
Demographics for 28607, NC
35,495
Population
16,726
Households
2.1
Avg Household Size
27
Median Age
54%
College-Educated
92%
High-School Grad
101.7 sq mi
ZIP Area
349
Density / Sq Mi
$44,132
Median Household Income
$13,485
Median Earnings
$1,081
Median Rent
$339,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - The five-story hotel has 129 guest rooms and recently completed a PIP renovation.
Where is this hotel located?
The property is located at 1943 Blowing Rock Rd Boone, NC.
What is the asking price?
The asking price for this property is $16,475,000.
What are key features of this property?
This property features: 129 guest rooms; Five‑story hotel built in 2001; Recently completed a PIP renovation
