1721 Broadcast St | Gastonia, NC 28052
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1721 Broadcast St
Gastonia, NC 28052
Econo Lodge Gastonia · Hospitality Property For Sale
·
19,296 SF
INVESTMENT HIGHLIGHTS
- Positioned within a tax-friendly state at an approachable revenue multiple underscored by its location in Charlotte MSA & Gastonia's low property tax.
- With its manageable size and operational efficiency, this property is perfect for an owner-operator.
- Conveniently situated at the crossroads of I-85 and US 321, this prime location offers accessibility for both domestic and international travelers.
- The property has a history of consistent cash flow with minimal operating expenses, positioning it as a dependable income-producing asset.
- The Econo Lodge Gastonia has consistently indexed higher than comp set in all metric categories.
- The subject property benefits from favorable access to high-traffic retail and food options including Quiktrip, Zaxbys, Wendy’s, Hardee’s, Taco Bell.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1988/2022 |
| Building Class | C | Parking Ratio | 8.45/1,000 SF |
| Lot Size | 4.10 AC | Corridor | Exterior |
| Building Size | 19,296 SF | ||
| Zoning | MOTL1 - COMMERCIAL - HOTEL / MOTEL | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.10 AC |
| Building Size | 19,296 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1988/2022 |
| Parking Ratio | 8.45/1,000 SF |
| Corridor | Exterior |
| Zoning | MOTL1 - COMMERCIAL - HOTEL / MOTEL |
AMENITIES
- Business Center
- Pool
PROPERTY TAXES
| Parcel Number | 100111 | Improvements Assessment | $4,317,950 |
| Land Assessment | $0 | Total Assessment | $4,317,950 |
PROPERTY TAXES
Parcel Number
100111
Land Assessment
$0
Improvements Assessment
$4,317,950
Total Assessment
$4,317,950
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