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1952 Cedar Creek Rd
Fayetteville, NC 28312
Econo Lodge Fayetteville · Hospitality Property For Sale · 63,200 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.
  • The Hotel has Historically Shown Revenue of $1,650,000+ and is on track for $1,800,000+ in 2021
  • Rear "Building 2" (76 Units) is also Operational and can be Converted to Suburban Extended Stay for a Dual Brand, or kept as an Econo Lodge
  • Fee Simple Interest in the 150-Room, Two-Story, Exterior Corridor Hotel Currently Operating as an Econo Lodge
  • Front "Building 1" (74 Units) has been Extensively Renovated and Satisfies Choice Hotels' Brand Standards for Econo Lodge
  • 3.18 Acres Located Immediately Off of Interstate Highway-95 with 55,000+ Vehicles Per Day

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.18 AC
Building Size 63,200 SF
No. Stories 2
Year Built/Renovated 1988/2018
Tenancy Single
Parking Ratio 2.37/1,000 SF
Corridor Exterior
Zoning CC

Amenities

  • Business Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi

Property Taxes

Property Taxes

Parcel Number
0455-27-5540
Land Assessment
$522,223
Improvements Assessment
$4,160,323
Total Assessment
$4,682,546
  • Listing ID: 23947645

  • Date on Market: 8/20/2021

  • Last Updated:

  • Address: 1952 Cedar Creek Rd, Fayetteville, NC 28312

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