2400 Sterling St Sts Morganton, NC 28655-9467
Property profile & analytics
2400 Sterling St Sts Morganton, NC 28655-9467
- Turn key restaurants
- 12,320 SF
- 5.34 lot acres
Property ID
US53-3853982
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Quality Inn / Hotel & Motel
Property Details for 2400 Sterling St Sts
- Year built
- 1968
- Construction
- WOOD FRAME
- Lot size
- 5.34 lot acres
- Property size
- 12,320 SF
- Zone code
- HIGH INTENSITY DIST
- Property type
- Turn key restaurants
- APN
- 31896
- APU
- 31896
Description
This exceptional investment opportunity presents the Quality Inn Morganton, a 133-key hotel ideally situated at 2400 S Sterling St, Morganton, North Carolina, 28655, in Burke County. Built in 1968, this established property sits on a generous 5.34-acre lot, offering significant potential for expansion or redevelopment. The asking price for this turnkey hospitality asset is $4,675,000. The hotel's established presence in Morganton provides a strong foundation for continued success and profitability. Detailed financial information and operational data are available upon request. This property represents a compelling investment opportunity for experienced hospitality investors seeking a well-located, established hotel in a growing market. The substantial lot size provides ample room for future development or expansion, enhancing the long-term value proposition. This is a rare chance to acquire a significant hotel asset in a desirable North Carolina location. Further information can be obtained through the provided contact information. Serious inquiries only.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,080,000
- ML approach
- $4,195,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Morganton
- County
- Burke
- State
- North Carolina
- Longitude
- -81.6542
- Latitude
- 35.7201
- CBSA code
- 25860
- CBSA name
- HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$19,073
$633,500
$2,772,319
$3,405,819
-
$633,500
$2,772,319
$3,405,819
