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Baymont Inn Forest City 164 Jameson Inn Dr 60 Room Hotel Forest City, NC 28043 $4,159,000 ($69,317/Room) 13.02% Cap Rate
Executive Summary
The offering presents the opportunity to acquire a 60-key Baymont by Wyndham located at 164 Jameson Inn Dr in Forest City, North Carolina, strategically positioned along the US-74 corridor between Charlotte and Asheville. The property benefits from strong regional accessibility, consistent transient demand, and proximity to numerous tourism and commercial demand drivers throughout western North Carolina.
Please see the link below for further access to this opportunity including the OM, financials, and relative franchise information - https://platform.altrio.com/exchange/connolly-investments/baymont-forest-city-nc
Please see the link below for further access to this opportunity including the OM, financials, and relative franchise information - https://platform.altrio.com/exchange/connolly-investments/baymont-forest-city-nc
Property Facts
| Price | $4,159,000 | Lot Size | 1.50 AC |
| Price Per Room | $69,317 | Building Size | 32,961 SF |
| Sale Type | Investment | No. Rooms | 60 |
| Cap Rate | 13.02% | No. Stories | 3 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1997/2025 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | C3 | ||
| Price | $4,159,000 |
| Price Per Room | $69,317 |
| Sale Type | Investment |
| Cap Rate | 13.02% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.50 AC |
| Building Size | 32,961 SF |
| No. Rooms | 60 |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2025 |
| Tenancy | Single |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C3 |
Amenities
- Business Center
- Fitness Center
- Pool
About 164 JAMESON INN DR , FOREST CITY, NC 28043
Please see the link below for further access to this opportunity including the OM, financials, and relative franchise information - https://platform.altrio.com/exchange/connolly-investments/baymont-forest-city-nc
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 60 | $79.00 | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 1622414 | Improvements Assessment | $1,615,000 |
| Land Assessment | $427,100 | Total Assessment | $2,042,100 |
Property Taxes
Parcel Number
1622414
Land Assessment
$427,100
Improvements Assessment
$1,615,000
Total Assessment
$2,042,100
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Baymont Inn Forest City | 164 Jameson Inn Dr
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