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Investment Highlights

  • heavy traffic
  • restaurant
  • land
  • highway traffic
  • hotel
  • apartments

Executive Summary

2 Property Portfolio
1st building 100 rooms, with restaurant, laundry, indoor pool, spa, gym, offices, banquet room, meeting room and game room
2nd building 50 rooms shell
Total 6.24 acres for additional building, parking, storage, etc. growth

Property Facts

Price $3,990,000
Price Per Room $39,900
Sale Type Investment
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
Opportunity Zone Yes
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 -
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
9579561085
Land Assessment
$1,766,800
Improvements Assessment
$2,995,800
Total Assessment
$4,762,600
  • Listing ID: 39129726

  • Date on Market: 1/18/2026

  • Last Updated:

  • Address: 201 Sugarloaf Rd, Hendersonville, NC 28792

Contact the Sale Advisor

Ascend Collection Cascades Mountain Resort | 201 Sugarloaf Rd

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