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Investment Highlights
- Fee Simple Interest in the 94-Room, Four-Story, Interior-Corridor, Limited-Service Hotel
- Exceptional Occupancy Positioning with a 117% Penetration Index and 108% RevPAR Penetration in the May 2026 T12
- Pristine Physical Condition with Recent Upgrades Completed by Current Ownership
- Highly Visible 2.00-Acre I-587 Site with ~30,000 Daily Vehicles | Proximate Location to East Carolina University
- Clear Opportunity for a Dedicated Operator to Aggressively Drive Average Daily Rate and Further Expand Profit Margins
Executive Summary
Colliers, as exclusive representative of the seller, is pleased to present to qualified investors the Candlewood Suites Greenville, located at 1055 Waterford Commons Rd Greenville, NC 27834. The subject property is a 94-room, four-story, interior-corridor, limited-service hotel constructed in 2008 and situated on approximately 2.00 acres with direct visibility and access to Interstate 587 (approximately 30,000 vehicles per day). The asset is offered fee simple, unencumbered by debt, and free of third-party management.
Property Facts
| Sale Type | Investment | Building Size | 48,112 SF |
| Property Type | Hospitality | No. Rooms | 94 |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | C | Year Built | 2008 |
| Lot Size | 2.00 AC | Corridor | Interior |
| Zoning | MO | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 48,112 SF |
| No. Rooms | 94 |
| No. Stories | 4 |
| Year Built | 2008 |
| Corridor | Interior |
| Zoning | MO |
Amenities
- Business Center
- Fitness Center
- On-Site Retail
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 94 | $100.00 | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 075133 | Improvements Assessment | $5,631,829 |
| Land Assessment | $720,000 | Total Assessment | $6,351,829 |
Property Taxes
Parcel Number
075133
Land Assessment
$720,000
Improvements Assessment
$5,631,829
Total Assessment
$6,351,829
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