919-455-5949
115 Lake Ave, Spring Lake, NC for Sale
Hospitality - FOR SALE
1/17
null | Request Cap Rate

115 Lake Ave
Spring Lake, NC 28390
Pine Forest


HIGHLIGHTS

  • Dual-Branded Comfort Inn & Suites And Quality Inn & Suites Totaling 109 Guestrooms
  • Strategic Location Along North Bragg Boulevard (NC-24), The Primary Commercial Corridor Serving Spring Lake And Fort Bragg
  • Located Near Key Regional Institutions Including Pope Army Airfield, Womack Army Medical Center, Methodist University, And Fayetteville State Universi
  • The Property Benefits From Recent Renovations and Ongoing CapEx, With Minimal Brand-Mandated PIP Expected Upon Transfer
  • Fort Bragg Is One Of The Largest Military Installations In The World, Driving Consistent Year-Round Lodging Demand From Military Personnel, Contractor
  • Part Of The Fayetteville MSA, A Resilient Submarket Anchored By Defense, Healthcare, And Education

OVERVIEW

Comfort Room Count: 60 Rooms Quality Room Count: 49 Total: 109 Prime Source Properties is pleased to offer for sale the fee simple interest in the dual-branded Comfort Inn & Suites / Quality Inn & Suites, located in Spring Lake, North Carolina. The Property includes two adjacent, limited-service hotels totaling 109 guest rooms, positioned along North Bragg Boulevard (NC-24)—the area’s primary commercial corridor providing direct access to Fort Liberty, Downtown Fayetteville, and key institutional demand drivers across Cumberland County. The asset benefits from a high-visibility location with strong traffic counts, ample parking, and seamless access to Fort Bragg—one of the largest military installations in the world—as well as Pope Army Airfield, Womack Army Medical Center, and Methodist University. This positioning enables the Property to capture consistent year-round demand from military travelers, contractors, government officials, medical visitors, and university-related guests. The dual-branded structure allows for efficient shared operations and segmentation across midscale and economy lodging segments, improving occupancy and RevPAR performance. The hotels have undergone recent capital improvements and are offered unencumbered by management, providing new ownership with operational flexibility and immediate upside potential through enhanced revenue management or targeted cost controls. The Comfort Inn & Suites / Quality Inn & Suites in Spring Lake represents a compelling opportunity to acquire a well-maintained, dual-branded asset in a resilient, institutionally driven market with limited new hotel supply and steady demand fundamentals. Contact Akshat Patel at yourprimesource@aol.com to learn more about the Property and to get access to the Offering Memorandum.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

60

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn & Suites + Quality Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1994

PARKING SPACES

98

LAND DETAILS

LAND ACRES

2.4 AC

LAND SF

104,544 SF

ZONING

CB-CENTRAL

APN/PARCEL ID

0501-75-9242

ASK ABOUT THIS PROPERTY

Akshat PatelPrime Source PropertiesMore Info
919-455-5949

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Akshat PatelPrime Source PropertiesMore Info
919-455-5949

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.