2551 Smokey Park Hwy, Candler, NC 28715
112-room hotel in Candler, North Carolina, for sale.
- Added:
- Mar 19, 2026
- Days on Market:
- 105
- Last Refresh:
- Mar 20 at 8:37 pm
Property Features for 2551 Smokey Park Hwy
General Information
- Standard status
- Active
- Size
- 39,865 SF
- Property subtype
- Hospitality
Building Details
- Year Built
- 1972
Listing office Cushman & Wakefield - Boca Raton, Florida
Listing date Mar 19, 2026
Source Crexi
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HighLights
- Located in the high‑demand Asheville MSA with immediate Interstate‑40 visibility.
- Convenient access to downtown Asheville, Biltmore Estate, and Blue Ridge Parkway.
- 112‑room Days Inn by Wyndham.
- Opportunity to capture demand from leisure, recreation, group/tour, and transient travelers.
- Three‑story, limited‑service hotel.
- Upside potential in a growing market.
Overview
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $598.0k | $15.00 |
| − Vacancy | −$89.7k | −$2.25 |
| EGI | $508.3k | $12.75 |
| − OpEx | −$266.8k | −$6.69 |
| NOI | $241.4k | $6.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Candler
- County
- Buncombe
- State
- North Carolina
- Longitude
- -82.718
- Latitude
- 35.516
