674 Casino Trl - Hospitality FOR SALE
Cherokee, NC 28719 |
304-228-1900
674 Casino Trl
Cherokee, NC 28719
HIGHLIGHTS
- Offering the ground lease of Microtel Inn & Suites, 674 Casino Trail, Cherokee, NC, a 62-room, three-story hotel built in 2003 and renovated in 2014.
- Rising performance since the industrywide pandemic slump, as occupancy from December 2024 to November 2025 rose 5.3% compared to the prior year.
- Offers premier guest amenities, such as bus parking, complimentary breakfast, a swimming pool, and a shuttle to local destinations.
- Conveniently positioned within a mile of Angry Elk Brewing, Food Lion, Rancho Viejo Mexican Restaurant, McDonald's, and Frontier Pancake House.
- Situated on 4.84 acres at a strategically connected location off US Highway 441, providing access to as far as Asheville in approximately an hour.
- Within 10 minutes of Cherokee’s biggest attractions, including Harrah’s Cherokee Casino, Sequoyah National Golf Club, Fire Mountain Trails, and more.
FOR SALE DETAILS
PRICE
Request Info for Price
# OF ROOMS
62
CAP RATE
Request Cap Rate
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
High-Performing | Modernized | Tourism-Based
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2003
PARKING SPACES
73
LAND DETAILS
LAND ACRES
4.84 AC
LAND SF
210,830 SF
ZONING
HC
APN/PARCEL ID
-
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304-228-1900
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304-228-1900
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