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    OFF-MARKET
    Hospitality properties

    376 Paint Town Rd, Whittier, NC 28789

    1.89 ac lot Built 2005
    Property ID
    Property summary
    AI-generated overview

    This exceptional 94-key Holiday Inn Express & Suites presents a lucrative investment opportunity in Whittier, North Carolina. Built in 2005 and extensively renovated in 2020, the hotel boasts a prime location near the Cherokee Casino, ensuring consistent occupancy. Situated on a 1.89-acre lot at 376 Paint Town Rd, Whittier, NC 28789, this leasehold property offers immediate income potential. The property's recent renovations ensure modern amenities and guest comfort, contributing to strong operational efficiency. The asking price for this established hotel is $12,000,000. Detailed financial information and operational data are available upon request. This represents a rare chance to acquire a well-maintained, high-performing hotel in a desirable location with proven tourism appeal. The property's proximity to the Cherokee Casino provides a significant advantage in attracting guests and generating revenue. The 2020 renovation ensures the hotel is equipped with contemporary features and updated infrastructure, minimizing future capital expenditure needs. This turnkey operation is ideal for experienced hospitality investors seeking a strong return on investment in a thriving market. Serious inquiries only.

    Property profile
    Verified
    Property type Hospitality properties
    Year built 2005
    Lot 1.89 ac (82,328 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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