Building Details

Year Built 2003

Year Renovated 2014

Stories 3

Listing Agency: c***@marcusmillichap.com Show Phone

Listed By: Chase Dewese · License #License(s): VA: 0225276010 Show Phone

Source: Marcusmillichap

Added: Jul 3 Changed: Aug 17 Last Checked: Aug 20 at 4:03AM

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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 Chase Dewese

Investment Insights

Based on property information with market context.

The Microtel Inn & Suites is a three-story, interior corridor hotel built in 2003 and renovated in 2014. The property offers 62 rooms and includes common area amenities such as an outdoor swimming pool and complimentary breakfast. On-site parking is available for personal vehicles and buses, and the hotel provides a shuttle to local attractions for guest convenience.

Guest rooms include free Wi-Fi, an in-room coffee and tea maker, flat screen TV, a safe deposit box, and a desk with chair. Each unit also features a microwave and mini-fridge. Suites offer extra living space.

Located in Cherokee, the hotel is approximately one mile from Harrah’s Cherokee Casino. The area also includes nearby recreational and cultural attractions such as Sequoyah National Golf Club, Fire Mountain Trails, Ocanaluftee Indian Village, and the Museum of the Cherokee Indian. With free parking that accommodates both cars and buses and a shuttle service for local destinations, the property is well suited for hospitality operators seeking a room count-focused lodging asset with guest amenities in place.

Key Highlights

• Three‑story, 62‑room interior corridor hotel built in 2003
• Renovated in 2014
• On‑site amenities include an outdoor swimming pool and complimentary breakfast

Property Analytics

Property Profile

Current Use

Microtel Inn & Suites ... Hotel & Motel

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Bakery Big Box & Wholesale Store Pharmacy Barber 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.

Lease Details

62

Residential units

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

214

Businesses Nearby

Explore this area Business Placement

Demographics for 28719, NC

7,980

Population

3,150

Households

2.5

Avg Household Size

33

Median Age

14%

College-Educated

85%

High-School Grad

399.5 sq mi

ZIP Area

20

Density / Sq Mi

$52,221

Median Household Income

$31,458

Median Earnings

$673

Median Rent

$144,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Hotel - Three-story, 62-room hotel with an outdoor pool, complimentary breakfast, and free parking for cars and buses.

Where is this hotel located?

The property is located at 674 Casino Trail Cherokee, NC.

What is the asking price?

The asking price for this property is $200,000.

What are key features of this property?

This property features: Three‑story, 62‑room interior corridor hotel built in 2003; Renovated in 2014; On‑site amenities include an outdoor swimming pool and complimentary breakfast