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109 Vesta St
King, NC 27021
Days Inn by Wyndham near Greensboro · Hospitality Property For Sale · 24,363 SF

INVESTMENT HIGHLIGHTS

  • 15 miles Winston-Salem, 30 miles High Point, 40 miles Greensboro, 90 miles Charlotte, 90 miles Durham & NC 115 miles Raleigh, NC, 80 miles Danville VA
  • 2020 Property Tax $17,625.78 only | Low Cost of Living Only 40 miles From Greensboro, 3rd-most populous city of NC & biggest city in Piedmont Triad.
  • MAJOR EMPLOYERS Hanesbrands, Reynolds American, Inmar, Garner Foods, Truist, Wells Fargo, Collins Aerospace, Caterpillar, Corning, Deere-Hitachi, etc.
  • NEWLY RENOVATED 60-Key Hotel w/ Owner's Qtrs in Greensboro Winston-Salem High Point MSA w/ Low Inventory of Comparable Hotels for Sale on the Market
  • Absentee Owner with Revenue Upside | Potential Sales Price at a 15.25% Pro-Forma Cap Rate or Higher with a NOI of over $350,000 for Owner Operator.
  • FREE Principal and Interest for 3 months capped at $9,000 per month if you close by Sep 30, 2021. For More Hotels and Hotel Loans, call 919 428 9840.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.75 AC
Building Size 24,363 SF
No. Stories 2
Year Built/Renovated 1986/2004
Tenancy Single
Parking Ratio 1.23/1,000 SF
Corridor Exterior
Zoning B-2

AMENITIES

  • Pool
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
599112863748
Land Assessment
$570,900
Improvements Assessment
$1,524,900
Total Assessment
$2,095,800
  • Listing ID: 22406646

  • Date on Market: 3/5/2021

  • Last Updated:

  • Address: 109 Vesta St, King, NC 27021

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