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58-Key Renovated Hotel
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360 Whiteville Rd NW, Shallotte, NC 28470

Recently renovated, limited-service lodging asset with an interior-corridor layout and access to area beach destinations.

Property SizeContact for details
Days on Market141

Property Features for 360 Whiteville Rd NW

General Information

Standard status Active
Property subtype Hospitality
Listing Agency: Colliers - Richmond, Virginia
Listed By: Prashant Merchant · License #VA 0225226862
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 6:08AM

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.

This 58-key, two-story limited-service hotel features an interior-corridor configuration and was originally built in 1998. Renovation work was completed in 2020/2021, and the property occupies 3.26 acres. Its lodging format and established Best Western branding support continued operation as a hospitality asset.

The hotel is positioned off Ocean Highway W/Route 17, which carries 24,000 Vehicles Per Day, with access to Sunset Beach, Ocean Isle Beach, and Holden Beach. Shallotte serves nearby beach communities and sits between Wilmington, NC and Myrtle Beach, SC. Historical RevPAR index results were 151.1% in 2021, 136.4% in 2022, 126.8% in 2023, and 138.1% for the trailing-12 months of October 2024.

Key Highlights

  • 58‑key hotel situated on a 3.26‑acre parcel
  • Two‑story interior‑corridor layout
  • Renovations completed in 2020/2021

Property Analytics

Current Use

Best Western Shallotte/Ocean ... Hotel & Motel

Suggested Use

Top Pick Plumbing Service Locksmith (Bike/Boat/Book/etc) Store Catering Service HVAC Service Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

137
Businesses Nearby

Demographics for 28470, NC

11,141
Population
6,123
Households
1.8
Avg Household Size
48
Median Age
22%
College-Educated
90%
High-School Grad
44.7 sq mi
ZIP Area
249
Density / Sq Mi
$68,043
Median Household Income
$37,563
Median Earnings
$1,060
Median Rent
$252,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Recently renovated, limited-service lodging asset with an interior-corridor layout and access to area beach destinations.
Where is this hotel located?
The property is located at 360 Whiteville Rd NW Shallotte, NC.
What are key features of this property?
This property features: 58‑key hotel situated on a 3.26‑acre parcel; Two‑story interior‑corridor layout; Renovations completed in 2020/2021
(804) 441-7722 Call to check price and availability
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