Marcus & Millichap is pleased to offer for sale a fee-simple interest in the 80-unit, Wingate By Wyndham Charlotte Airport I-85/I-485 located in North Carolina. This well-appointed hotel was constructed in 2003 and is being offered well below replacement costs with the ability to retain the current franchise. The guest rooms provide complimentary Wi-Fi with HDTVs, minifridges, microwaves, hair dryers, ironing boards and coffeemakers. Other amenities include hot breakfast, an airport shuttle, business center, fitness room and a 670 square feet of meeting space.
The Wingate hotel is located 2.1 miles from the Charlotte Douglas International Airport. It is the 10th busiest airport in the United States and is the second largest hub for American Airlines with service to 178 domestic and international destinations. 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. The largest schools near Charlotte offer students the opportunity to attend colleges with more than 19,000 students. In addition to the close-proximity to the airport, the hotel also includes great access to the Charlotte Coliseum, South Park Mall, Carolina Panthers Stadium, Carowinds Theme Park, and local universities such as Queens University of Charlotte and UNC-Charlotte.