1220 E Main St | Havelock, NC 28532
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1220 E Main St
Havelock, NC 28532
Econo Lodge Cherry Point · Hospitality Property For Sale
·
37,272 SF
INVESTMENT HIGHLIGHTS
- Property tours are by APPOINTMENT ONLY. Any attempts to visit/contact property without agent approval will result in a ban from all future listings.
- Fully-Renovated Over the Prior Four Years with Minimal Change-in-Ownership PIP Expected.
- Central Location with Frontage on Main Street Highway 70 (29,000 Vehicles Per Day) | 3.4 Miles from MCAS Cherry Point (9,400+ Active Duty).
- Fee Simple Interest in the Interior Corridor, Two-Story, 73-Key, Limited-Service Econo Lodge on 1.45 Acres.
- Underperforming Property with 48.3% RevPAR Penetration | Absentee-Owner Operated by Staff.
- Highway 70 is Currently Being Expanded from Raleigh to Havelock, Under a New Designation as Interstate 42.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 37,272 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1978 |
| Lot Size | 1.45 AC | Corridor | Interior |
| Zoning | HC - Highway Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.45 AC |
| Building Size | 37,272 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Corridor | Interior |
| Zoning | HC - Highway Commercial |
AMENITIES
- Business Center
- Pool
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,793,400 | |
| Land Assessment | $242,090 | Total Assessment | $2,035,490 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$242,090
Improvements Assessment
$1,793,400
Total Assessment
$2,035,490
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