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

5110 Holly Ridge Dr
Raleigh, NC 27612
Super 8 - Newly Renovated · Hospitality Property For Sale · 46 Rooms

Property Facts

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 1.13 AC
Building Size 18,678 SF
No. Rooms 46
No. Stories 2
Year Built/Renovated 1972/2017
Parking Ratio 3.75/1,000 SF
Corridor Exterior
Zoning SC

Amenities

  • High Speed Internet Access
  • Public Access Wifi

About 5110 HOLLY RIDGE DR , RALEIGH, NC 27612

PRINCIPALS ONLY. PLEASE EXECUTE THE ATTACHED NDA AND EMAIL TO KEVIN.MISHRA(AT)SVNHOTELS.COM Property Highlights - The hotel is currently under full renovation and expected to finish by Jan 2018. - New Roof will be installed by the owner, new owner PIP would be very minimal . Per seller less than $25K if that. - High barrier to entry market with great location - Delivered Fully Renovated with minimal PIP - Operating as 46 room hotel, plus owner's appartment - Solid Concrete Construction - Strong Demand Generator and fantastic location

Property Taxes

Property Taxes

Parcel Number
0786.12-85-6394-000
Land Assessment
$690,500
Improvements Assessment
$2,127,150
Total Assessment
$2,817,650
  • Listing ID: 10889521

  • Date on Market: 12/7/2017

  • Last Updated:

  • Address: 5110 Holly Ridge Dr, Raleigh, NC 27612

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