For Sale
$12,000,000

376 Paint Town RdWhittier, NC 28789

94-Key Hotel Near Cherokee Casino

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 94-key Holiday Inn Express & Suites presents a lucrative investment opportunity in Whittier, North Carolina. Built in 2005 and extensively renovated in 2020, the hotel boasts a prime location near the Cherokee Casino, ensuring consistent occupancy. Situated on a 1.89-acre lot at 376 Paint Town Rd, Whittier, NC 28789, this leasehold property offers immediate income potential. The property's recent renovations ensure modern amenities and guest comfort, contributing to strong operational efficiency. The asking price for this established hotel is $12,000,000. Detailed financial information and operational data are available upon request. This represents a rare chance to acquire a well-maintained, high-performing hotel in a desirable location with proven tourism appeal. The property's proximity to the Cherokee Casino provides a significant advantage in attracting guests and generating revenue. The 2020 renovation ensures the hotel is equipped with contemporary features and updated infrastructure, minimizing future capital expenditure needs. This turnkey operation is ideal for experienced hospitality investors seeking a strong return on investment in a thriving market. Serious inquiries only.

Highlights

  • High-performing Holiday Inn Express & Suites hotel with strong historical occupancy and RevPAR.
  • Excellent location adjacent to Cherokee Casino & Hotel, benefiting from significant tourist traffic.
  • Recently renovated property showcasing updated guest rooms and common areas.
  • Attractive investment opportunity with proven profitability and strong cash flow.
  • Managed by a reputable hotel management company, minimizing operational concerns for the owner.
  • Offers a desirable mix of guest rooms, including suites, catering to a range of travelers.

Property Details for 376 Paint Town Rd

Property type
Hospitality properties, Hotels
Year Built/Renovated
2005/2020
Lot Size (sq. ft)
82,328 SF

Location Insight

City
Whittier
County
Jackson
State
North Carolina
Latitude
35.4685112
Longitude
-83.3046493
376 Paint Town Rd, Whittier, North Carolina

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376 Paint Town Rd
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