SpringHill Suites Charlotte Airport

  • Number of Stories
    5
  • Room Count
    95
  • Approximate Revenue (2022)
    $2.35MM
  • Approximate NOI (2022)
    $715k
  • Year Built
    2002
  • Property Type
    Select Service
  • Acreage
    1.92
  • Construction Type
    Wood

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 95-unit, Springhill Suites Charlotte Airport, located in Charlotte, North Carolina. The subject property was built in 2002 and offers 5 floors of well-maintained rooms. A new investor has the opportunity to renovate the guest rooms and public areas. These capital expenditures will provide outsized rate growth and provide significant ROI. Premium amenities featured at the hotel include an indoor swimming pool and jacuzzi, large fitness center, and meeting room. With such close proximity to the Charlotte Douglas International Airport, the hotel offers an airport shuttle as an added convenience for guests. Other common area amenities include free on-site parking, guest-laundry facilities, convenience store, and complimentary coffee in the lobby. Each guest room is equipped with free Wi-Fi, flat-screen TV, desk with chair, microwave, minifridge, in-room coffee & tea maker, and hairdryer.

The SpringHill Suites Charlotte Airport is conveniently located directly off Interstate-85, within 2.5 miles of the Charlotte Douglas International Airport which is ranked in the top 10 busiest airports in the U.S. and second largest hub for American Airlines, with service to 178 domestic and international destinations. The subject property is situated right outside of downtown Charlotte with close proximity to all demand generators. Among Charlotte’s many notable attractions, some of the most popular include the Carolina Panthers (NFL), the Charlotte Hornets (NBA), the NASCAR All-Star Race, the Wells Fargo Championship, the NASCAR Hall of Fame, the Charlotte Ballet, Children’s Theatre of Charlotte, Carowinds amusement park, and the U.S. National Whitewater Center. There are nearly 40 colleges and universities within 25 miles of Charlotte, NC.

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Contact Agent

agent

Chase Dewese

Senior Associate - Hospitality Division

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

704-831-4636

chase.dewese@marcusmillichap.com

contact agent

    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

    contact agent

      Contact Agent

      agent

      Milin Mehta

      Associate - Hospitality Division

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

      (336) 587-3465

      milin.mehta@marcusmillichap.com

      contact agent

        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