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1406 Heartland Dr
Kernersville, NC 27284
Sleep Inn Kernersville · Hospitality Property For Sale
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104 Rooms
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
- Choice Hotels has Verbally Agreed to Potentially Allow a Prospective Purchaser to Assume a 20-Year License for the Sleep Inn Franchise
- 2023 Trailing Revenue Exceeds $2,020,000 with an Adjusted EBITDA NOI of Nearly $840,000
- Fee-Simple Interest in the 104-Key, Interior-Corridor, Midscale, Limited-Service Sleep Inn by Choice Hotels with Elevator
- Change-of-Ownership PIP is In-Hand and is Expected to be Extremely Minimal
- Immediate Upside to Prospective Purchaser as Evidenced by STR | 86% RevPAR Penetration Index
Property Facts
| Property Type | Hospitality | No. Rooms | 104 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1995 |
| Lot Size | 2.20 AC | Parking Ratio | 2.44/1,000 SF |
| Building Size | 42,342 SF | Corridor | Interior |
| Zoning | HB-S - Highway Business | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.20 AC |
| Building Size | 42,342 SF |
| No. Rooms | 104 |
| No. Stories | 2 |
| Year Built | 1995 |
| Parking Ratio | 2.44/1,000 SF |
| Corridor | Interior |
| Zoning | HB-S - Highway Business |
Amenities
- Business Center
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 104 | $130.00 | - |
Property Taxes
| Parcel Number | 6885-62-5330 | Improvements Assessment | $9,524,700 |
| Land Assessment | $794,900 | Total Assessment | $10,319,600 |
Property Taxes
Parcel Number
6885-62-5330
Land Assessment
$794,900
Improvements Assessment
$9,524,700
Total Assessment
$10,319,600
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