400 US Highway 70 W - Hospitality FOR SALE


Havelock, NC 28532
$3,000,000 USD
707-477-7185
400 US Highway 70 W, Havelock, NC for Sale
$3,000,000 USD
Hospitality - FOR SALE
1/34
null | Request Cap Rate

400 US Highway 70 W
Havelock, NC 28532


HIGHLIGHTS

  • Established Hotel Opportunity: Offering includes established hotel & operations of a 90-Key Days Inn & Suites by Wyndham located in Havelock, NC.
  • Renovation & Conversion Upside: Strategic capital improvements or a creative brand conversion can reposition the property with an alternative flag.
  • Rare Supplementary Amenities: Includes a commercial kitchen, bar, expansive banquet hall, and outdoor pool—features not commonly found in the area.
  • Low Price Point: The asset is available at an attractive price per key of $33,333 and recently appraised at $3,000,000 as-is.

OVERVIEW

Connolly Investments, in accordance with ParaSell, Inc., as the exclusive representative of ownership, is pleased to present to qualified purchasers the opportunity to acquire the 90-key Days Inn & Suites by Wyndham located in Havelock, North Carolina. This asset presents an exceptional investment opportunity, offering value creation through a strategic conversion or a comprehensive renovation program. The property is ideally positioned near Marine Corps Air Station (MCAS) Cherry Point, one of the largest military installations in the United States. This proximity ensures a consistent, reliable customer base driven by active-duty military personnel, contractors, government travelers, and visiting families. Additionally, the property benefits from access to nearby coastal destinations along Eastern North Carolina markets that draw both leisure and business travelers. Unlike most limited-service hotels in the market, this property features a rare full-service kitchen, bar, expansive banquet hall, and outdoor pool, in addition to standard hotel amenities. By leveraging it’s large-scale and unique amenities, the property can capture underserved niche demand segments and create multiple additional revenue streams. With its strong location and unique facilities, this asset offers investors a versatile platform to enact strategic upgrades for repositioning and long-term growth. All property tours must be scheduled through the listing agents. Unscheduled visits are strictly prohibited. In Association with ParaSell, Inc. | A Licensed North Carolina Broker #C32060

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$65 USD /SF

# OF ROOMS

90

PRICE/ROOM

$33,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn & Suites by Wyndham Havelock

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1987

PARKING SPACES

219

LAND DETAILS

LAND ACRES

4.23 AC

LAND SF

184,259 SF

ZONING

COMM-HOTEL/MOTEL/OVERNIGH

APN/PARCEL ID

6-216-029

ASK ABOUT THIS PROPERTY

Wesley ConnollyConnolly InvestmentsMore Info
707-477-7185

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Wesley ConnollyConnolly InvestmentsMore Info
707-477-7185

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