1944 Cedar Creek Rd | Fayetteville, NC 28312
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1944 Cedar Creek Rd
Fayetteville, NC 28312
Clarion Fayetteville · Hospitality Property For Sale · 93,539 SF
Investment Highlights
- Fee Simple interest in the lender-owned 198-room Clarion Hotel offered at a substantial discount to replacement cost.
- Asset is situated on a 10-acre parcel allowing for longer-term redevelopment potential and investor land bank adjacent to heavily trafficked I-95.
- Current zoning of 'Community Commercial' allows for a diverse range of re-adaptive use.
- Property is unencumbered of brand and management, allowing buyers to pursue branding of their choice or potential alternative use.
- Approximately $1.1MM in renovation work completed in 2020 - including a new roof, landscaping, and parking lot repair.
- Proximate to all regional demand generators, including Fort Bragg, Fayetteville Technical, Community College, and Cape Fear Valley Health System.
PROPERTY FACTS
| Property Type | Hospitality | Number of Floors | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1983/2011 |
| Building Class | C | Tenancy | Single |
| Lot Size | 9.95 AC | Parking Ratio | 2.73/1,000 SF |
| Construction Status | Converted | Corridor | Interior |
| Building Size | 93,539 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 9.95 AC |
| Construction Status | Converted |
| Building Size | 93,539 SF |
| Number of Floors | 2 |
| Year Built/Renovated | 1983/2011 |
| Tenancy | Single |
| Parking Ratio | 2.73/1,000 SF |
| Corridor | Interior |
Amenities
- Business Centre
- Fitness Centre
- Pool
- Restaurant
- Shuttle Service
- On-Site Bar
PROPERTY TAXES
| Parcel Number | 0455-27-3309 | Improvements Assessment | £7,131,846 |
| Land Assessment | £793,485 | Total Assessment | £7,925,331 |
PROPERTY TAXES
Parcel Number
0455-27-3309
Land Assessment
£793,485
Improvements Assessment
£7,131,846
Total Assessment
£7,925,331
zoning
| Zoning Code | C1P |
| C1P |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
