4825 Wallingford St
Charlotte, NC 28217
Motel 6 Charlotte, NC – Airport South · Hospitality Property For Sale · 40,572 SF

HOTEL IS UNDER CONTRACT - Charlotte is one of the most vibrant entertainment, office, and retail districts in the southeast, as well as the second-largest financial center in the U.S. The Hotel is situated off of I-77 and is proximate to many of the area’s primary demand generators and within six miles of Charlotte Douglas International Airport, a major southeastern hub and the 7th busiest airport in the US. Charlotte’s extraordinary population growth and economic expansion over the past ten years has significantly outpaced state and national trends. The Hotel is less than four miles from downtown Charlotte ("Uptown"), which is home to the Charlotte Convention Center, NASCAR Hall of Fame, Bank of America Stadium, and Time Warner Cable Arena. Uptown Charlotte offers 21 million square feet of office space that includes some of Charlotte’s largest tenants such as Duke Energy’s corporate headquarters, Wells Fargo’s East Coast Division headquarters, and Ally Financial. This acquisition offers an investor a great opportunity to purchase a well-located hotel with good cash flow at a significant discount to replacement cost, so a new owner will be well positioned to capitalize on this market’s continued strong economic growth and leisure demand. The Baymont is in very good physical condition after recently completing over $2.25 million ($18,145 per room) in PIP-related capital expenditures since 2014. For more information, please email Ford Barton at Lodging Partners at Ford@Lodging-Partners.com or 704-341-8488.