704-906-4630
5008 NC Highway 55, Durham, NC for Sale
Hospitality - FOR SALE
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5008 NC Highway 55
Durham, NC 27713
RTP


HIGHLIGHTS

  • 129-unit extended-stay property featuring studio-style rooms with kitchenettes and weekly housekeeping.
  • Located at I-40 and NC-55, adjacent to Research Triangle Park and within proximity to key demand generators.
  • Strong nearby demand drivers include Duke University Medical Center, UNC Chapel Hill, RDU International Airport, and PNC Arena.
  • Rooms include full-size refrigerators, stovetops, microwaves, sinks, and dining/work areas—ideal for long-term stays.
  • Amenities include free Wi-Fi, self-parking, on-site laundry facilities, weekly housekeeping, and HD TVs.
  • Appeals to diverse guest segments including corporate travelers, medical professionals, students, and relocating families.

OVERVIEW

Lodging Partners is pleased to present the fee-simple offering of the HomeTowne Studios Raleigh–Durham, a 129-room extended-stay hotel located at 5008 NC-55, near the I-40 corridor in Durham, North Carolina. The property benefits from a high-traffic location adjacent to Research Triangle Park and is centrally positioned near several major universities, medical centers, and the airport. Built for the extended-stay segment, the hotel features apartment-style rooms with full kitchenettes and provides weekly housekeeping and essential amenities suited to longer-term guests. The asset is well-maintained, offers stable in-place income, and supports a loyal base of recurring business, relocation, and leisure travelers. The offering presents a rare opportunity in a supply-constrained market with limited hotel sales. With no franchise or management encumbrances, the property offers a flexible acquisition for both value-add and yield-focused investors looking to expand in the Raleigh-Durham MSA.

FOR SALE DETAILS

PRICE

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# OF ROOMS

129

CAP RATE

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TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HomeTowne Studios Raleigh Durham

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1998

PARKING SPACES

140

LAND DETAILS

LAND ACRES

8.81 AC

LAND SF

383,764 SF

ZONING

OI(D),RR

APN/PARCEL ID

153781

ASK ABOUT THIS PROPERTY

Ford BartonLodging Partners, LLCMore Info
704-906-4630

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Ford BartonLodging Partners, LLCMore Info
704-906-4630

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