Super 8 Southern Pines

  • Room Count
    79
  • Built
    1988
  • Construction Type
    Concrete Block and Steel
  • Acreage
    2.43 Acres
  • Total Revenue (2019)
    $800k
  • Projected Revenue (2022)
    $850k
  • Property Type
    Economy Hotel
  • Brand
    Super 8 by Wyndham

The Super 8 Southern Pines, is a one story, 79-room hotel located in Aberdeen, North Carolina.  The subject property was constructed in 1988 and has recently undergone an extensive renovation and remains in great condition. The property is located off Highway-501 with strong historical revenues and is offered well below replacement costs.  The pet friendly Super 8 is perfect for the leisure traveler looking to golf at one of the nine courses located nearby in connection with the Pinehurst Resort.

The former Red Roof was recently re-positioned as a Super 8 in 2018 and is situated on 2.43 acres with great visibility from the highway.  The Super 8 currently operates with and occupancy rate of 58.7%, ADR of $48.36, generating an annual RevPAR of $28.40. Marcus & Millichap expects revenue to increase in 2019 following the recent reposition along with the completed capital improvements. The Super 8 has performed very well historically and has generated strong consistent clash flow during the most recent ramp up period.

The Super 8 is perfect for an owner operator or private investor looking for consistent cash flow in a very strong market.  The subject property is also offered with an additional two-room owners suites. Southern Pines has multiple entertainment and historic attractions including golf courses, museums, parks, and restaurants as well as a strong military presence.

Offering Materials

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Contact Agent

agent

Jack Davis

Vice President, National Hotel Group

151 Meeting Street
Suite 450
Charleston, SC 29401

8439522253

jack.davis@marcusmillichap.com

contact agent

    Contact Agent

    agent

    Joce MessingerJosh Williams

    First Vice President - Hospitality Division

    151 Meeting Street
    Suite 450
    Charleston, SC 29401

    8439522255

    Joce.messinger@marcusmillichap.com

    contact agent