1901 Broadcast St - Hospitality FOR SALE
Gastonia, NC 28052 |
$4,600,000 USD
334-313-6014
1901 Broadcast St
Gastonia, NC 28052
HIGHLIGHTS
- Minimal Expenses and Proven Cash Flow: Consistent performance with low operating costs supports strong NOI and reliable income for buyers.
- Brand Flexibility: Continue as Motel 6 or rebrand, as interior corridor layout supports multiple brand options and repositioning strategies.
- Ideal Owner-Operator: Manageable size and efficient operations allow hands-on control, reducing costs and improving overall profitability.
- Proximity to Charlotte: Located 17.4 miles from CLT Airport and 24 miles from Uptown Charlotte, supporting business and leisure demand.
- High Traffic Corridor: Positioned at I-85 and US 321 with strong connectivity to major regional cities and travel routes across the Southeast.
- Retail Synergy: Nearby high-traffic retail and dining options include QuikTrip, Zaxby’s, Wendy’s, Hardee’s, Taco Bell, and FedEx services.
OVERVIEW
The offering presents the opportunity to acquire a 59-key Motel 6 located at 1901 Broadcast St in Gastonia, North Carolina, within the broader Charlotte MSA. The asset features an efficient interior corridor design and a highly functional layout that supports streamlined operations and consistent guest demand.
FOR SALE DETAILS
PRICE
$4,600,000 USD
PRICE/SF
$200 USD /SF
# OF ROOMS
59
PRICE/ROOM
$77,966 {currency}
CAP RATE
14.28%
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Motel 6 Gastonia, NC
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
1999
PARKING SPACES
65
LAND DETAILS
LAND ACRES
1.23 AC
LAND SF
53,579 SF
ZONING
C-3
APN/PARCEL ID
207728
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334-313-6014
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334-313-6014
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