This Hospitality Property is no longer advertised on LoopNet.com.

1408 N Sandhills Blvd
Aberdeen, NC 28315
AmeriVu Inn & Suites Aberdeen · Hospitality Property For Sale · 29,546 SF

Investment Highlights

  • Converted in 2017 from a Motel 6 and renovated in 2019/2020, offered with minimal PIP for a new investor.
  • Fee-Simple interest in the 79-unit Super 8 located in Aberdeen/Southern Pines.
  • Upside through hands-on operations as the current owner isn’t local to Southern Pines.
  • Located within 5 minutes from the famous Pinehurst golf courses, which attract overseas travelers, and proximity to multiple amenities.
  • Historical “Pre-Renovation” revenue numbers of $850,000 generating strong cash flow.
  • 2022/2023 Revenues are expected to exceed $850,000-$900,000.

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.43 AC
Building Size 29,546 SF
No. Stories 1
Year Built/Renovated 1988/2016
Parking Ratio 3.38/1,000 SF
Corridor Exterior
Zoning AB

Amenities

  • Business Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Fully-Equipped Kitchen

Property Taxes

Property Taxes

Parcel Number
8571-19-50-5066
Land Assessment
$1,932,270
Improvements Assessment
$949,170
Total Assessment
$2,881,440
  • Listing ID: 24710676

  • Date on Market: 12/22/2021

  • Last Updated:

  • Address: 1408 N Sandhills Blvd, Aberdeen, NC 28315

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