Quality Inn Clemmons

  • Pricing Guidance
    $3,550,000
  • Room Count
    60
  • Approximate Revenue (2021)
    $900k
  • Approximate NOI (2021
    $315k
  • Year Built
    1998
  • Property Type
    Select Service
  • Acreage
    1.48
  • Estimated PIP
    $100k

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 60-unit Quality Inn Clemmons Interstate-40, located inClemmons, North  Carolina. The subject property is situated on 1.48 acres directly off Interstate-40, creating high visibility andaccessibility to the hotel. Common area  amenities include complimentary breakfast, business center, free on-site parking, fitness centerand 24-hour front desk service. Premium amenities  include an outdoor patio and garden as well as meeting/banquet space equipped for special events and business meetings. Each guest room is equipped  with free Wi-Fi, flat-screen TV with premium channels, in-room coffee & tea maker, microwave, and minifridge.

The Quality Inn is located 9 miles outside of downtown Winston Salem, with proximity to all demand generators. The subject propertyconveniently located  close to several neighboring cities such as Greensboro and Charlotte, the hotel is near plenty of attractionsincluding many colleges, Hanes Mall, and the  Bowman Gray Stadium. Winston-Salem is the county seat of Forsyth County, NorthCarolina. With a 2020 estimated population of 247,945 it is the second  largest municipality in the Piedmont Triad region, the fifth mostpopulous city in North Carolina, the third largest urban area in North Carolina, and the  eighty-ninth most populous city in the UnitedStates. Major corporations including Hanes Brands, BB&T Bank, Krispy Kreme Doughnuts, TW Garner Food  Company (makers of TexasPete), Wells Fargo, Bank and Lowes Foods have established headquarters in Winston-Salem. Winston-Salem has seen a surge in  growthand revitalization in the downtown area with hotels, restaurants, and apartments under construction.

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Contact Agent

agent

Milin Mehta

Associate - Hospitality Division

201 S. Tryon St.
Suite 1220
Charlotte, NC 28202

(336) 587-3465

milin.mehta@marcusmillichap.com

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    Contact Agent

    agent

    Jack Davis

    First Vice President - Hospitality Division

    151 Meeting Street
    Suite 450
    Charleston, SC 29401

    843-952-2253

    jack.davis@marcusmillichap.com

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      Contact Agent

      agent

      Joce Messinger

      First Vice President - Hospitality Division

      151 Meeting Street
      Suite 450
      Charleston, SC 29401

      843-952-2255

      joce.messinger@marcusmillichap.com

      contact agent