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651 N Winstead Ave
Rocky Mount, NC 27804
DoubleTree by Hilton Hotel Rocky Mount · Hospitality Property For Sale · 166 Rooms

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INVESTMENT HIGHLIGHTS

  • Opportunity to acquire the asset at a discount to T-12 revenue, supported by strong historical performance averaging ~$4.7M–$4.9M annually
  • Motivated seller, offered unencumbered by management
  • The Hotel offered with a 10-15 year license upon completion the PIP.
  • Home to major employers including Cummins, Pfizer, and regional logistics and manufacturing operations

EXECUTIVE SUMMARY

?? Now Offering | DoubleTree by Hilton – Rocky Mount, North Carolina
Pleased to bring to market this 166-room, full-service DoubleTree by Hilton strategically in Rocky Mount, NC, directly across from Nash UNC Health Care and just off US-64 and I-95 — the primary New York-to-Florida corridor.
This asset offers scale, brand recognition, and immediate upside, with a clear path to value creation through completion of the remaining guestroom PIP.

PROPERTY FACTS

Price Per Room $90,361
Sale Type Investment
Cap Rate 10.19%
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 5.54 AC
Building Size 118,558 SF
No. Rooms 166
No. Stories 4
Year Built/Renovated 1986/2008
Parking Ratio 3.04/1,000 SF
Corridor Interior
Zoning I

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Digital key

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 7 $192.00 -
Guest Room 159 $152.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3841-17-11-0119
Land Assessment
$1,350,000
Improvements Assessment
$14,462,900
Total Assessment
$15,812,900
  • Listing ID: 39228714

  • Date on Market: 1/27/2026

  • Last Updated:

  • Address: 651 N Winstead Ave, Rocky Mount, NC 27804

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