Choice Dual Branded Hotel Fayetteville

  • Room Count
    99
  • Complete Renovation
    2020
  • Acreage
    1.48
  • Projected Revenue
    $2,214,261
  • Projected NOI
    $1,037,467
  • Price Per Key
    $71,101

Marcus & Millichap is pleased to offer for sale a fee-simple interest in the dual branded Comfort & Quality Inn located in Spring Lake, North Carolina. This recently repositioned property is scheduled to open during the 3rd Quarter of 2020 with revenue projections expected to exceed $2MM+ annually. Conveniently positioned just off Highway 24 and 4 miles from Fort Bragg, the subject hotel is 11 miles from both Cape Fear Botanical Garden and downtown Fayetteville. The Comfort & Quality Inn are well positioned for both the leisure traveler as well as military families visiting one of the top military bases in the country, Fort Bragg. Fayetteville has received the prestigious All-America City Award from the National Civic League three times. It is currently the third largest municipality in North Carolina and is the county seat of Cumberland. In addition to Fort Bragg, Fayetteville has multiple entertainment and historic attractions including golf courses, museums, parks, and restaurants. There are also four colleges located in Fayetteville, NC. This property is an excellent opportunity for an investor to purchase a hotel well below replacement cost in a stable, military market, which continues to grow.

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Contact Agent

agent

Jack Davis

Vice President - Hospitality Division

151 Meeting Street
Suite 450
Charleston, SC 29401

8439522253

Jack.Davis@marcusmillichap.com

contact agent

    Contact Agent

    agent

    Joce Messinger

    First Vice President - Hospitality Division

    151 Meeting Street
    Suite 450
    Charleston, SC 29401

    8439522255

    Joce.messinger@marcusmillichap.com

    contact agent