376 Paint Town Rd Whittier, NC 28789
- Hospitality properties
- 1.89 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 376 Paint Town Rd
- Year built
- 2005
- Lot size
- 1.89 lot acres
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Whittier
- County
- Jackson
- State
- North Carolina
- Longitude
- -83.3046
- Latitude
- 35.4685
