1952 Cedar Creek Rd - Hospitality FOR SALE
Fayetteville, NC 28312 |
1952 Cedar Creek Rd
Fayetteville, NC 28312
HIGHLIGHTS
- Property tours are by APPOINTMENT ONLY.? Any attempts to visit/contact property without agent approval will result in a ban from all future listings.
- Fee Simple Interest in the 150-Room, Two-Story, Exterior Corridor Hotel Currently Operating as an Econo Lodge
- The Hotel has Historically Shown Revenue of $1,650,000+ and is on track for $1,800,000+ in 2021
- Front "Building 1" (74 Units) has been Extensively Renovated and Satisfies Choice Hotels' Brand Standards for Econo Lodge
- Rear "Building 2" (76 Units) is also Operational and can be Converted to Suburban Extended Stay for a Dual Brand, or kept as an Econo Lodge
- 3.18 Acres Located Immediately Off of Interstate Highway-95 with 55,000+ Vehicles Per Day
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Econo Lodge Fayetteville
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
63200
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1988
PARKING SPACES
150
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
CC
APN/PARCEL ID
0455-27-5540
