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Meadowlark Motel 2878 Soco Rd 35 Room Hotel Maggie Valley, NC 28751 $4,000,000 ($114,286/Room) 5.59% Cap Rate

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Executive Summary

Meadowlark Motel is a 35-key hospitality property located in Maggie Valley, North Carolina, positioned in the heart of the Smoky Mountains tourism corridor. The asset presents a compelling opportunity for an owner-operator or investor to acquire a well-located lodging property benefiting from consistent leisure demand in Western North Carolina.
The property features a mix of room types and amenities designed to enhance guest experience, including an outdoor pool, on-site bar/speakeasy, and an event pavilion, creating multiple revenue streams beyond traditional room income. Meadowlark Motel is supported by strong regional tourism drivers, including proximity to the Blue Ridge Parkway, Great Smoky Mountains National Park, and the Asheville market, which collectively generate year-round visitation.
With its location, amenity set, and upside potential, Meadowlark Motel is well-positioned for continued operational growth in a supply-constrained mountain market.

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Property Facts

Price $4,000,000
Price Per Room $114,286
Sale Type Investment
Cap Rate 5.59%
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 3.78 AC
Building Size 17,149 SF
No. Rooms 35
No. Stories 1
Year Built 1965
Corridor Exterior

Amenities

  • On-Site Bar
  • Outdoor Pool

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 5 $149.00 -
Guest Room 30 $59.00 -

Property Taxes

Property Taxes

Parcel Number
7686-76-1336
Land Assessment
$434,200
Improvements Assessment
$519,300
Total Assessment
$953,500
  • Listing ID: 39163239

  • Date on Market: 1/21/2026

  • Last Updated:

  • Address: 2878 Soco Rd, Maggie Valley, NC 28751

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