Property profile

376 Paint Town Rd Whittier, NC 28789

OFF-MARKET
Hospitality properties
1.89 ac lot Built 2005
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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

Location

376 Paint Town Rd Whittier, NC 28789
Whittier metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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