20740 Torrence Chapel Rd | Cornelius, NC 28031
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- LoopNet Team
20740 Torrence Chapel Rd
Cornelius, NC 28031
Red Roof Inn & Suites Cornelius - Lake Norman · Hospitality Property For Sale
·
35,055 SF
INVESTMENT HIGHLIGHTS
- Established economy class hotel at superior location.
- Property well maintained and regularly updated.
- Amenities include Pool and onsite Meeting Event Space.
- 91,500 ave traffic count at the I-77 exit, and 27,500 ave daily count at nearby W Catawba Ave.
- New Roof.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1988/2021 |
| Building Class | C | Tenancy | Single |
| Lot Size | 2.11 AC | Parking Ratio | 3.82/1,000 SF |
| Building Size | 35,055 SF | Corridor | Exterior |
| Zoning | B2 - Business | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.11 AC |
| Building Size | 35,055 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1988/2021 |
| Tenancy | Single |
| Parking Ratio | 3.82/1,000 SF |
| Corridor | Exterior |
| Zoning | B2 - Business |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 001-144-07 | Improvements Assessment | $1,456,500 |
| Land Assessment | $1,527,600 | Total Assessment | $2,984,100 |
PROPERTY TAXES
Parcel Number
001-144-07
Land Assessment
$1,527,600
Improvements Assessment
$1,456,500
Total Assessment
$2,984,100
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