This Hospitality Property is no longer advertised on LoopNet.com.

312 W J J Dr
Greensboro, NC 27406
Multi-Building Hospitality Package · Hospitality Property For Sale · 37,482 SF

Investment Highlights

  • 312 J J Drive is home to the Cavalier Inn and the Greensboro Arcadia Inn, two 52-key motels with an office with manager's quarters on-site.
  • There is additional room for expansion via the fourth building on-site being able to accommodate 52 additional rooms.
  • Easily accessible off Interstate 40, and the prominent pylon signage is highly visible and presents additional rental revenue streams.
  • 312 J J Drive presents a great hospitality starter opportunity, and seller financing is available.

Property Facts

Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 3.01 AC
Building Size 37,482 SF
No. Stories 1
Year Built 1972
Tenancy Single
Parking Ratio 2.91/1,000 SF
Corridor Exterior
Zoning LI - Hotel has 104 rooms current status condemn. NON OPERATIONAL

Amenities

  • High Speed Internet Access
  • Public Access Wifi

About 312 W J J DR , GREENSBORO, NC 27406

312 W J J Drive is a 3.01-acre lot off Interstate 40. The property has one office building manager's quarters and two motel buildings, each with 52 rooms. Plus, there is the potential for 52 additional rooms via the additional building on-site. The property includes a Freeway Billboard for additional revenue or advertising.

Property Taxes

Property Taxes

Parcel Number
0093094
Land Assessment
$288,000
Improvements Assessment
$1,205,200
Total Assessment
$1,493,200
  • Listing ID: 33677826

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 312 W J J Dr, Greensboro, NC 27406

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}