5218 Germanton Rd - Hospitality FOR SALE
Winston-Salem, NC 27105 |
5218 Germanton Rd
Winston-Salem, NC 27105
HIGHLIGHTS
- Fee Simple Interest in the 59/60-Room, Limited-Service Hotel off of US Route 52 (57,000 Vehicles Per Day) and Germantown Road (12,000 Vehicles Per Day
- Significant Value Add Opportunity with Current Occupancy Penetration Index of 77%
- Property Showing Occupancy of 50.4% While Competing Hotels in the STR Set Showing Occupancy of 65.5%
- Currently Owner-Absentee | Ideal Opportunity for Owner Operator with SBA 7A Financing Available
- Revenue Upside Achievable Upon Completion of Property Improvement Plan
- First Time on Market in 40+ Years | Owned by Original Developer
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Days Inn Winston Salem North
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
11004
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1985
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
HB HIGHWAY
APN/PARCEL ID
6828-73-8156
