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

1695 Outlet Center Dr
Selma, NC 27576
 La Quinta Inns & Suites Selma/Smithfield I-95 · Hospitality Property For Sale · 45,058 SF

Hotels North Carolina Selma 1695 Outlet Center Dr, Selma, NC 27576

INVESTMENT HIGHLIGHTS

  • Fee-Simple Interest in the 75-Key, 4-Story, Interior-Corridor, Limited-Service Hotel
  • Comprehensive Renovation Completed by the Seller in 2020/2021 | Minimal-to-no-PIP for Incoming Purchaser
  • Significant Operational Upside by Leveraging Recent Renovations | 90% RevPAR Penetration Index
  • Expansive 1.98-Acre Site Located Next to the Carolina Premium Outlet Center, with Full Visibility to I-95 (44,000 VPD) and Highway 70 (18,000 VPD)
  • 20-Year Franchise Agreement Signed in 2020 Valid through 2040 | Newest La Quinta Del Sol Prototype Renovation Completed
  • Highly Accessible Interstate Location with Proximity to Raleigh-Durham (30 Miles to Downtown Raleigh)

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.98 AC
Building Size 45,058 SF
No. Stories 4
Year Built/Renovated 1997/2021
Parking Ratio 1.66/1,000 SF
Corridor Interior
Zoning COM

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

PROPERTY TAXES

Parcel Number 14074199J Improvements Assessment $5,557,640
Land Assessment $1,086,740 Total Assessment $6,644,380
Print
 

  • Listing ID: 33286237

  • Date on Market: 9/24/2024

  • Last Updated:

  • Address: 1695 Outlet Center Dr, Selma, NC 27576

More public record information on 1695 Outlet Center Dr, Selma, NC 27576

The Hospitality Property at 1695 Outlet Center Dr, Selma, NC 27576 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.