7 Laura Ln Thomasville, NC 27360-5761
- Hotels
- 27,276 SF
- 1.10 lot acres
Current Use by Public Records
- Quality Inn & Suites / Hotel
Property Details for 7 Laura Ln
- Year built
- 1998
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.10 lot acres
- Property size
- 27,276 SF
- Zone code
- C3
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 16-337-C-00A-0007
- APU
- 16337C00A0007
Description
This exceptional 45-key hotel, the Quality Inn & Suites Thomasville, presents a compelling investment opportunity in the thriving North Carolina market. Located at 7 Laura Ln, Thomasville, NC 27360, in Davidson County, this established property boasts a prime location and strong potential for continued success. Built in 1999, the hotel offers a solid foundation for immediate revenue generation and future growth. The property's 45 keys provide ample capacity to cater to a diverse range of guests, from business travelers to leisure tourists. Its convenient location within Thomasville ensures easy access to local attractions, businesses, and transportation links. This turnkey operation is ready for a new owner to step in and capitalize on its existing infrastructure and market position. Detailed financial information and operational data are available upon request. The property is categorized as Hospitality, with a subtype of Hotel. This presents a rare chance to acquire a well-established hotel in a desirable location, offering significant potential for return on investment. Further information can be obtained through the provided contact information. This is an excellent opportunity for experienced hospitality investors seeking a proven asset in a stable market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,685,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,900,000
- 6.5%
- $1,665,000
- 7%
- $1,755,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,715,000
- Geo Method
- $1,695,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,970,000
- Retail
- $1,815,000
- Mixed-Use
- $2,025,000
- Hospitality
- $1,785,000
- Educational
- $1,900,000
- Residential Income
- $1,780,000
- Energy
- $2,000,000
- Income-Based Land
- $1,530,000
- Food Service
- $1,680,000
Location Insight
- Map
- Local Demand
- City
- Thomasville
- County
- Davidson
- State
- North Carolina
- Longitude
- -80.0699
- Latitude
- 35.8629
- CBSA code
- 49180
- CBSA name
- WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
