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

1508 Cinema Dr
Statesville, NC 28625
Hampton Inn Statesville · Hospitality Property For Sale · 46,588 SF

Investment Highlights

  • Fee simple interest in the institutionally owned and third party managed 80-room Hampton Inn Statesville, North Carolina.
  • Unencumbered by third-party management with an opportunity to retain the Hampton brand through a long-term relicense agreement with Hilton.
  • Delivering exceptional in-place performance with May 2024 T12 RevPAR exceeding $100.
  • Part of a larger institutional portfolio being auctioned in the August 14th event with Ten-X, including the adjacent 94-room Courtyard.
  • Opportunity to purchase a well-maintained asset at a steep discount to replacement cost.
  • Proximate to the Interstate-40 / Interstate – 77 interchange which sees more than 120,000 vehicles pass the location daily.

Property Facts

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.51 AC
Building Size 46,588 SF
No. Stories 4
Year Built/Renovated 2006/2017
Parking Ratio 1.87/1,000 SF
Corridor Interior
Zoning CU-26 B-4
Parcel Number 4744-74-9678.000

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Digital key
  • Listing ID: 32122684

  • Date on Market: 6/13/2024

  • Last Updated:

  • Address: 1508 Cinema Dr, Statesville, NC 28625

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