1721 Broadcast St | Gastonia, NC 28052
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- LoopNet Team
1721 Broadcast St
Gastonia, NC 28052
Econo Lodge Gastonia · Hospitality Property For Sale
·
19,296 SF
INVESTMENT HIGHLIGHTS
- Stabilized 104-key Econo Lodge with consistent cash flow and minimal operating expenses. Consistently outperforms comp set.
- Conveniently situated at the crossroads of I-85 and US 321, this prime location offers exceptional accessibility for domestic/international travelers.
- Property is perfect for an owner-operator with manageable size and operational efficiency at an approachable revenue multiple.
- Efficient cost structure allows for strong net operating income, positioning it as a dependable income-producing asset in a tax friendly state.
- Positioned just 17.4 miles from CLT Airport and only 24 miles from largest business district in the Carolinas, Charlotte Uptown.
- This property benefits from favorable access to high-traffic retail and food options for incoming clientele.
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
ABOUT 1721 BROADCAST ST , GASTONIA, NC 28052
Offering includes established hotel & operations of a 104-key Econo Lodge located in Gastonia, NC. Fee-simple real estate and building is unencumbered of debt or management contracts. Property underwent a full exterior and interior renovation in 2022.
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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