HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the 83-room Hampton Inn Morganton (“Hotel” or “Property”), situated at 115 Bush Dr, Morganton, NC 28655. The Hampton Inn Morganton is located along Interstate 40 (I-40) in Burke County, North Carolina, adjacent to the largest hospital in the county, UNC Health Blue Ridge. The Hotel amenities include a fitness center, outdoor pool, meeting event space, business center, and patio space in the rooms for guests to enjoy. The Property will qualify for a new long-term franchise agreement as a Hampton Inn by Hilton with a Change of Ownership PIP. Morganton is a beautiful mountain town located in the foothills of the Blue Ridge Mountains, offering many leisure and outdoor activities to guests such as South Mountain State Park, Linville Gorge, Lake James State Park, and more. Morganton offers a strong manufacturing industry, boasting companies such as Continental Automotive Systems, Vanguard Furniture, Cummins-Meritor, Seiren North America, and more. Serving as a healthcare hub for Morganton and surrounding communities, the city is driven by hospital stays and corporate and leisure demand. Morganton continues to grow its population and economic presence through major developments, such as the new Great Meadows mega industrial site located just west of Morganton, which has 745 acres approved for commercial industrial use. The Hotel has achieved strong historical revenues, reaching $3M+ in room revenue and an average of $140 ADR since 2021. Although the Hotel’s bottom line offers further growth, its standing against the competitive set will improve once the Change of Ownership PIP is completed. The combination of solid construction features, a long-term franchise agreement with Hilton, strong performance, discount to replacement costs, and operational upside, makes this a compelling investment opportunity. The asset is also being offered unencumbered of management and debt. Terms of Sale • Tenure: Fee Simple • Price: Please contact HREC for pricing guidance • Management: Free and clear of management Please DO NOT contact the staff, management, or ownership of the Hotel to request additional information or to arrange a site tour