2910 Sigman St, Fayetteville, NC 28303

A non-operational 109-unit, 10-story hotel with an interior corridor layout. The property was built in 1973 with reinforced concrete framing and ribbed concrete block exterior. It remained open until August 2021, then briefly reopened as a Rodeway Inn & Suites in February 2022 before ultimately losing the flag. The hotel is currently in non-operational condition and requires significant capital expenditures to re-open.

The hotel sits on a 1.79-acre lot with frontage on Bragg Blvd (26,000 vehicles per day) and is approximately 7.8 miles from Fort Bragg military installation. The surrounding area includes demand generators and points of interest such as Cape Fear Botanical Garden, Airborne & Special Operations Museum, Crown Complex multi-purpose event center, Fayetteville State University, Fayetteville Historic District, and Cross Creek Mall.

The property is offered with fee-simple interest, unencumbered by brand, unencumbered by third-party management, and unencumbered by debt. It is located in the CC – Community Commercial District, which accommodates medium to high intensity retail, service, and office uses serving the general community and region, with higher density residential uses encouraged on upper floors of nonresidential establishments or existing as stand-alone buildings. Alternative conversion uses are suggested for inquiry with city and county zoning departments prior to acquisition, or the property may be re-opened as a hotel with available franchise opportunities.