Twinkle Patel of NewGen Advisory is pleased to present the Quality Inn West of Asheville, a strategically located midscale hospitality asset with strong upside potential. Situated just off a major highway and within reach of Asheville’s vibrant tourism and business corridors, this 76 key property offers immediate cash flow with significant room for revenue growth through strategic repositioning and operational improvements. The property’s submarket has seen year over year performance increases, adding to the asset’s potential for a Buyer: 12-month occupancy has improved by 7.6%, 12-month ADR has improved by 3.4%, and 12-month RevPAR has improved by 11.2%
Located at 1707 Champion Drive, Canton, NC, the property sits just off Interstate 40, west of Asheville. It is minutes from the Chestnut Mountain Nature Park, hiking trails and waterfalls. Nearby attractions include Lake Junaluska, Blue Ridge Parkway, Biltmore Estate, North Carolina Arboretum, and Harrah’s Casino. Asheville Regional Airport is approximately 20–25 miles away.