Property profile

290 N Main St Robbinsville, NC 28771

FOR SALE
Hotels
Property ID
US53-3550299
8,989 SF 0.63 ac lot Built 1945
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property in Robbinsville, North Carolina, consists of a 23-room motel and six duplex cottages, located in Graham County, in Western North Carolina. The motel was constructed in the 1940s and has undergone remodeling over time, and it includes courtyards with fire pits. The six cottages were renovated approximately seven years prior to the time of the listing and are arranged as duplex units that can function as separate rental spaces. The owner’s quarters within the motel provide two bedrooms and two bathrooms, along with an office, laundry, and living and dining areas on the main floor, plus four additional bedrooms and two bathrooms on the upper level. The motel and cottages are designed and configured so they may be sold separately from one another.

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1945
Construction WOOD
Total area 8,989 SF
Lot 0.63 ac (27,443 SF)
APN 5660-12-04-5511-3 0
UPID US53-3550299

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

290 N Main St Robbinsville, NC 28771
Robbinsville metro Census 920300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2018
3 recorded transactions
2018
$350,000
2006
Price N/A
2006
$205,000

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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More about this property
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