Investment Opportunity – Economy Inn | Sylva, NC
Welcome to the Economy Inn, a well-positioned hospitality property located at 940 West Main Street in Sylva, North Carolina. This income-producing motel offers an excellent opportunity for investors seeking a stable hospitality asset in a growing mountain town known for tourism, outdoor recreation, and close proximity to Western Carolina University.
The property features 22 guest rooms, ample on-site parking, and convenient access along West Main Street/Highway 23. Guests enjoy easy access to popular destinations including the Great Smoky Mountains National Park, Blue Ridge Parkway, Harrah’s Cherokee Casino, and the charming downtown Sylva district.
With strong demand from both leisure and extended-stay travelers, the Economy Inn presents reliable cash flow with potential for value-add improvements through property upgrades and repositioning.
Highlights:
*Prime location in Sylva, NC near downtown, Western Carolina University, and regional attractions
*Income-generating hospitality property with upside potential
*Convenient access to highways and major tourist destinations
*Established customer base with opportunity for growth through renovations and management enhancements
*Recently upgraded: Floors, Curtains, Furniture, Electrical, and Plumbing.
This is a rare chance to acquire a well-located motel property in Western North Carolina’s vibrant hospitality market.
Its 22 Keys + 2 Bd Room Apt