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Quality Inn & Suites Fayetteville I-95 1957 Cedar Creek Rd

114 Room Hotel Fayetteville, NC 28312 £4,577,333 (£40,152/Room)

Executive Summary

Welcome to an incredible investment opportunity at Quality Inn & Suites Fayetteville located at 1957 Cedar Creek Rd, Fayetteville NC 28312. This prosperous property boasts 114 rooms on a sprawling 4.08-acre lot with recent renovations in 2017. With a prime location offering 175 parking spaces and a parking ratio of 1.54 per room, this establishment is a lucrative venture waiting for the right investor. Priced at $5,850,000, this gem offers a competitive price per key of $51,316, presenting a solid financial prospect with potential for growth. The property's proximity to a local demographic with a median household income of $64,973 within a mile makes it an appealing investment opportunity. Don't miss your chance to own a piece of this thriving hospitality business in the heart of Fayetteville. Contact us today to explore this exclusive offering before it's gone!

Property Facts

Price £4,577,333
Price Per Room £40,152
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.08 AC
Building Size 25,052 SF
No. Rooms 114
Number of Floors 2
Year Built/Renovated 1984/2017
Tenancy Single
Parking Ratio 6.99/1,000 SF
Corridor Exterior

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wi-Fi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 7 £66.51 -
Guest Room 107 £66.51 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0455-28-5380
Land Assessment
£397,825
Improvements Assessment
£1,969,773
Total Assessment
£2,367,598

zoning

Zoning Code CC
CC
  • Listing ID: 33052589

  • Date on Market: 04/09/2024

  • Last Updated:

  • Address: 1957 Cedar Creek Rd, Fayetteville, NC 28312

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