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2004 Veasley St
Greensboro, NC 27407
Howard Johnson by Wyndham Greensboro Near · Hospitality Property For Sale · 40,400 SF

Investment Highlights

  • Fee Simple Interest in the 119-Unit, Two-Story, Howard Johnson Hotel in Greensboro, North Carolina
  • Average RevPAR Penetration Index of 84% | New Ownership can Capitalize on Recent Renovations to Increase Room Revenue
  • Located at the Crossroads of Interstate Highway-40 (103,000 Vehicles Per Day) and Gate City Boulevard (33,000 Vehicles Per Day)
  • Renovated in 2017/2018 and Offered with Minimal Expected Change-in-Ownership PIP
  • ?Proximity to all Major Demand Generators Including the Greensboro Coliseum which has Re-Opened at Full-Capacity

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.43 AC
Building Size 40,400 SF
No. Stories 2
Year Built/Renovated 1986/2015
Parking Ratio 1.07/1,000 SF
Corridor Exterior
Zoning C-M

Amenities

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

Property Taxes

Property Taxes

Parcel Number
0053270
Land Assessment
$1,016,200
Improvements Assessment
$3,864,600
Total Assessment
$4,880,800
  • Listing ID: 25377756

  • Date on Market: 4/1/2022

  • Last Updated:

  • Address: 2004 Veasley St, Greensboro, NC 27407

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