Log In/Sign Up
Your email has been sent.
DoubleTree by Hilton Hotel Rocky Mount 651 N Winstead Ave 166 Room Hotel Rocky Mount, NC 27804 $15,000,000 ($90,361/Room) 10.19% Cap Rate
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.
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 | $15,000,000 | Lot Size | 5.54 AC |
| Price Per Room | $90,361 | Building Size | 118,558 SF |
| Sale Type | Investment | No. Rooms | 166 |
| Cap Rate | 10.19% | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1986/2008 |
| Property Subtype | Hotel | Parking Ratio | 3.04/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | I | ||
| Price | $15,000,000 |
| 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 | - |
1 1
Property Taxes
| Parcel Number | 3841-17-11-0119 | Improvements Assessment | $14,462,900 |
| Land Assessment | $1,350,000 | Total Assessment | $15,812,900 |
Property Taxes
Parcel Number
3841-17-11-0119
Land Assessment
$1,350,000
Improvements Assessment
$14,462,900
Total Assessment
$15,812,900
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Company Not Provided
DoubleTree by Hilton Hotel Rocky Mount | 651 N Winstead Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.