511 S Eastern Blvd - Hospitality FOR SALE
Fayetteville, NC 28301 |
511 S Eastern Blvd
Fayetteville, NC 28301
HIGHLIGHTS
- This is a unique investment opportunity to own this well-located asset below replacement cost with the potential for redevelopment.
- Possible options for repurpose/redevelopment include nursing home, office building, senior citizen housing, halfway homes, long-term stay hotel.
- The convention center is currently leased by Commercial Printing Press, which adds to a stable income.
- Conveniently located just one minute from downtown, two miles from the newly built Segra Stadium, and five miles to Fayetteville Regional Airport.
- Property is nearby a plethora of well-known retailers, including Walgreens, CVS, Food Lion, and Super Walmart.
- Within a one to three-mile range is Cape Fear Valley Hospital, the Court House, City Hall, Crown Coliseum Complex, a Greyhound bus station, Amtrak.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
STATUS
Under Renovation
BUILDING DETAILS
PROPERTY NAME
Holiday Inn Express Fayetteville NC
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
72789
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1972
PARKING SPACES
132
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
HI
APN/PARCEL ID
0446-09-2995
