Property summary
This 104-key Econo Lodge in Gastonia, NC, presents a compelling investment opportunity. Located on a 4.11-acre lot (APN 100111) in a high-traffic corridor at I-85 and US 321, this two-building, single-story hotel boasts a 65% occupancy rate. Built in 1988 and renovated in 2022, the property offers significant value-add potential through re-flagging or operational enhancements. Its proximity to Charlotte Douglas International Airport (17.4 miles) and Charlotte Uptown (24 miles) ensures strong tourism and business travel appeal. The property benefits from minimal operating expenses and consistent cash flow, generating a strong net operating income (NOI). Surrounding retail amenities include Quiktrip, Zaxby's, Wendy's, Hardee's, Taco Bell, and FedEx. The property is zoned commercial and is offered fee-simple, unencumbered by debt or management contracts. Gastonia's low property taxes and North Carolina's favorable business environment further enhance the investment's attractiveness. This owner-user investment is ideal for those seeking a manageable, profitable hospitality asset in a thriving market. The asking price is $6,160,223.
Property profile
VerifiedCap rate & NOI
Current use
-
Hotel & Motel
-
Hotel & Motel
-
Electric Vehicle Charging Station
-
Hotel & Motel
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
MOTL1 · Gastonia, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MOTL1 in Gastonia, NC.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.