Prime Source Properties is pleased to present the exclusive offering of the Clarion Pointe, a 91-room hotel located at 4507 NC-55 in Durham, North Carolina. Strategically positioned in the heart of the Research Triangle, the Hotel is surrounded by top-tier demand drivers, including Research Triangle Park (RTP), Duke University, Duke University Hospital, UNC-Chapel Hill, and Raleigh-Durham International Airport (RDU).
The Property underwent a comprehensive renovation and opened as a Clarion Pointe in October 2024, aligning with Choice Hotels’ upper-midscale brand standards. The Hotel delivers a curated guest experience with upgraded amenities and a modern design at a value-oriented price point. With significant capital investment already completed, the asset is well-positioned for a new owner to stabilize operations and drive top-line growth. Minimal near-term PIP is anticipated, allowing the focus to remain on ramping up performance and capturing market share.
The Property is being offered unencumbered by management, presenting an ideal opportunity for owner-operators and regional groups to acquire a refreshed, professionally branded hotel in one of the Southeast’s most dynamic and supply-constrained markets. With a prime location, strong market fundamentals, and clear upside through operational and revenue optimization, the Clarion Pointe represents a compelling value-add opportunity.
For access to Offering Memorandum and other Property details, please contact Akshat Patel at yourprimesource@aol.com