2001 Mount Harmony Church Rd | Matthews, NC 28104
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- LoopNet Team
2001 Mount Harmony Church Rd
Matthews, NC 28104
Wingate by Wyndham Matthews/Charlotte · Hospitality Property For Sale
·
39,186 SF
INVESTMENT HIGHLIGHTS
- Converted from a Country Inn & Suites in 2023, the property underwent a full brand conversion with over $1.2 million in capital improvements.
- The property is strategically located near U.S. Route 74 and I-485, with combined traffic counts of approximately 97,540 vehicles per day (VPD).
- Matthews, NC recently implemented new short-term rental regulations which is expected to redirect demand to hotels and create more stable occup.
- 12 months post-renovation, the hotel is projected to surpass $1.8 million in annual revenue.
- Matthews, NC is undergoing rapid growth supported by major public and private investments.
- Located within the high-growth Charlotte MSA - the property benefits from proximity to one of the fastest-growing metros in the U.S.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2001/2024 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.00 AC | Parking Ratio | 2.02/1,000 SF |
| Building Size | 39,186 SF | Corridor | Interior |
| Zoning | I-2 (CD) - Hotel | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.00 AC |
| Building Size | 39,186 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2001/2024 |
| Tenancy | Single |
| Parking Ratio | 2.02/1,000 SF |
| Corridor | Interior |
| Zoning | I-2 (CD) - Hotel |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ABOUT 2001 MOUNT HARMONY CHURCH RD , MATTHEWS, NC 28104
Offering includes established hotel & operations of a 73-Key Wingate by Wyndham located in Matthews, NC. Fee-simple real estate and building is unencumbered of debt or management contracts.
PROPERTY TAXES
| Parcel Number | 215-092-21 | Improvements Assessment | $4,775,700 |
| Land Assessment | $660,800 | Total Assessment | $5,436,500 |
PROPERTY TAXES
Parcel Number
215-092-21
Land Assessment
$660,800
Improvements Assessment
$4,775,700
Total Assessment
$5,436,500
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