201 Sugarloaf Rd | Hendersonville, NC 28792
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201 Sugarloaf Rd
Hendersonville, NC 28792
Auction - Cascades Mountain Resort | 100 Room · Hospitality Property For Sale
·
62,977 SF
INVESTMENT HIGHLIGHTS
- 100-Room, Full-Service Hotel with Additional Building with Potential to Be Renovated to 50 Additional Hotel Rooms or 20 Multifamily Units
- Significant RevPAR Upside Potential
- Prime Location with Visibility off I-26 (±65K VPD) with Easy Access to Market Demand Generators
- Property Improvement Plan Completed in 2018
- Amenities include 12K SF Indoor Pool and Jacuzzi with Two-Story Waterslide, Tavern, Bar, and 300-Person Conference Room
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1966/2020 |
| Building Class | B | Parking Ratio | 2.86/1,000 SF |
| Lot Size | 6.24 AC | Corridor | Interior |
| Building Size | 62,977 SF | ||
| 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. Stories | 2 |
| Year Built/Renovated | 1966/2020 |
| 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
- Boutique/Lifestyle Hotel
- Meeting Event Space
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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