151 S College Rd | Wilmington, NC 28403
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151 S College Rd
Wilmington, NC 28403
Comfort Inn University · Hospitality Property For Sale
·
67,668 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
- Extensively Renovated in 2019/2020 to Satisfy Choice Hotels’ Property Improvement Plan Standards
- 2022 May Trailing 12 Revenue Exceeds $3,400,000+ with Net Operating Income of $1,700,000+
- Fee-Simple Interest in the Six-Story, Interior-Corridor Hotel on 2.61 Acres Adjacent to UNCW
- Desirable Concrete and Steel Construction with New Roof Installed in 2019
- 2022 Jan-May Revenue Ahead of Same Period 2021 Jan-May Revenue by $330,000+
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 6 |
| Property Subtype | Hotel | Year Built/Renovated | 1985/2019 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.61 AC | Parking Ratio | 3.69/1,000 SF |
| Building Size | 67,668 SF | Corridor | Interior |
| Zoning | RB | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.61 AC |
| Building Size | 67,668 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1985/2019 |
| Tenancy | Single |
| Parking Ratio | 3.69/1,000 SF |
| Corridor | Interior |
| Zoning | RB |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | R04916-003-006-000 | Improvements Assessment | $14,903,900 |
| Land Assessment | $1,978,100 | Total Assessment | $16,882,000 |
PROPERTY TAXES
Parcel Number
R04916-003-006-000
Land Assessment
$1,978,100
Improvements Assessment
$14,903,900
Total Assessment
$16,882,000
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