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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 | Building Size | 46,588 SF |
| Type of Ownership | Fee Simple | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 2006/2017 |
| Property Subtype | Hotel | Parking Ratio | 1.87/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.51 AC | Parcel Number | 4744-74-9678.000 |
| Zoning | CU-26 B-4 | ||
| 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
Links
- 94-Room Courtyard Statesville Mooresville Lake Norman, NC – August 14th Ten-X Auction
- 82-Room Fairfield Inn & Suites Kingsland, GA - August 14th Ten-X Auction
- 83-room Fairfield Inn & Suites Melbourne West/Palm Bay, FL - August 14th Auction
- 96-Room Fairfield Inn & Suites Kennedy Space Center Titusville, FL - August 14th Ten-X Auction
Listing ID: 32122684
Date on Market: 6/13/2024
Last Updated:
Address: 1508 Cinema Dr, Statesville, NC 28625
The Hospitality Property at 1508 Cinema Dr, Statesville, NC 28625 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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