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201 Sugarloaf Rd
Hendersonville, NC 28792
Ascend Collection Cascades Mountain Resort · Hospitality Property For Sale
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100 Rooms
Investment Highlights
- Fee-Simple Interest in the Two-Property Portfolio Comprised of the Cascades Mountain Resort and the Annex Extended Stay / Cascades Garden Apartments
- Conference Space, Game Room, Gift Shop, Indoor Waterfalls & Greenery, and Indoor Water Park Complete with Waterslide and Jacuzzis
- Opportunity to Re-Open Building 2 as the 50-Room Annex Extended Stay Hotel or as the 20-Unit Cascades Garden Apartments
- Full Property Improvement Plan Recently Completed for the Cascades Mountain Resort to Meet Ascend Collection Hotel Requirements by Choice Hotels
- Old Orchard Tavern & Bar On-Site Restaurant with Liquor License With Indoor and Outdoor Seating
- Plans, Permitting, and Approval Completed for an Additional 40-Unit Apartment Development with Underground Parking
Property Facts
| Property Type | Hospitality | No. Rooms | 100 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1967/2020 |
| Lot Size | 6.24 AC | Parking Ratio | 2.86/1,000 SF |
| Building Size | 62,977 SF | Corridor | Interior |
| Zoning | C-3 - Highway Business | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 6.24 AC |
| Building Size | 62,977 SF |
| No. Rooms | 100 |
| No. Stories | 2 |
| Year Built/Renovated | 1967/2020 |
| Parking Ratio | 2.86/1,000 SF |
| Corridor | Interior |
| Zoning | C-3 - Highway Business |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Retail
- On-Site Bar
- Meeting Event Space
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 24 | $176.00 | - |
| Guest Room | 76 | $167.00 | - |
Property Taxes
| Parcel Number | 9579561085 | Improvements Assessment | $2,995,800 |
| Land Assessment | $1,766,800 | Total Assessment | $4,762,600 |
Property Taxes
Parcel Number
9579561085
Land Assessment
$1,766,800
Improvements Assessment
$2,995,800
Total Assessment
$4,762,600
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