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5219 Page Rd
Durham, NC 27703
Comfort Suites Raleigh Durham Airport/RTP · Hospitality Property For Sale · 73,440 SF

INVESTMENT HIGHLIGHTS

  • Well-appointed, 125-key Comfort Suites Raleigh Durham Airport/RTP near Raleigh-Durham International Airport in Durham, North Carolina.
  • Advantageous opportunity for a new owner to acquire a Choice Hotels-branded asset with strong in-place revenue and upside potential.
  • Positioned in a strong-performing submarket, in line with the overall market in trailing 12-month occupancy and RevPAR.
  • Prominently located 1.4 miles from the high-profile interchange of I-40 and I-540, providing guests with unrivaled access throughout the metroplex.
  • Offered unencumbered of management, presenting the substantial potential to increase occupancy and RevPAR through aggressive operational initiatives.
  • Situated in the tri-city region of Raleigh, Durham, and Chapel Hill, an area well-known as a research, technology, and collegiate mecca.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.27 AC
Building Size 73,440 SF
Year Built/Renovated 1998/2025
Tenancy Single
Parking Ratio 1.55/1,000 SF
Corridor Interior
Zoning IP
Parcel Number 157923

AMENITIES

  • Balcony
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Listing ID: 29067815

  • Date on Market: 7/21/2023

  • Last Updated:

  • Address: 5219 Page Rd, Durham, NC 27703

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