428 E College Ave - Hospitality FOR SALE


Shelby, NC 28152
$2,700,000 USD
704-913-1033
428 E College Ave, Shelby, NC for Sale
$2,700,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

428 E College Ave
Shelby, NC 28152


HIGHLIGHTS

  • FAMILY OWNED UNDERPERFORMING ASSET * REAL ESTATE ONLY FOR SALE, BUSINESS OPTIONAL *

OVERVIEW

53 Room All Brick with interior block walls construction AMERICINN Flag Hotel expiring July 2025, located Boiling Springs, North Carolina 28017 Home of Gardner Webb University, Hotel Built Year 2006, 3.04 Acres,25,044 Sq. Ft. 2-Story, Indoor Pool, High Ceiling Lobby w/ Business Center, Ample Paved Parking, Family owned and operated* Adjoining 3.98 Acres available for purchase separately. *Please understand that this is a Non-Performing financial asset and the Real Estate is being sold at replacement cost less depreciation. The current Cleveland County tax valuation for this property is $4,234,562.00 **Real Estate ONLY For Sale, Business Optional... A new Owner may choose to change the AmericInn flag at any time if they choose to. **Call or email listing agent for Confidentiality Agreement in order to receive financils at: DONPEELERNC@AOL.COM - Phone 704-913-1033

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$245 USD /SF

# OF ROOMS

53

PRICE/ROOM

$50,943 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HOTEL-53 Room 3.04 ACRES, Boiling Springs, NC

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2006

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.04 AC

LAND SF

132,422 SF

ZONING

B-2

APN/PARCEL ID

58386

ASK ABOUT THIS PROPERTY

Don PeelerRE/MAX SelectMore Info
704-913-1033

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Don PeelerRE/MAX SelectMore Info
704-913-1033

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