For Sale
$4,675,000

2400 Sterling StMorganton, NC 28655

133-key hotel, Morganton, NC. Excellent ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents the Quality Inn Morganton, a 133-key hotel ideally situated at 2400 S Sterling St, Morganton, North Carolina, 28655, in Burke County. Built in 1968, this established property sits on a generous 5.34-acre lot, offering significant potential for expansion or redevelopment. The asking price for this turnkey hospitality asset is $4,675,000. The hotel's established presence in Morganton provides a strong foundation for continued success and profitability. Detailed financial information and operational data are available upon request. This property represents a compelling investment opportunity for experienced hospitality investors seeking a well-located, established hotel in a growing market. The substantial lot size provides ample room for future development or expansion, enhancing the long-term value proposition. This is a rare chance to acquire a significant hotel asset in a desirable North Carolina location. Further information can be obtained through the provided contact information. Serious inquiries only.

Highlights

  • $4,675,000 asking price.
  • Hospitality property type; Hotel subtype.
  • 133 keys.
  • 1968 year built.
  • 5.34-acre lot size.

Property Details for 2400 Sterling St

Property type
Hospitality properties, Hotels
Year Built
1968
Lot Size (sq. ft)
232,610 SF

Location Insight

City
Morganton
County
Burke
State
North Carolina
Latitude
35.720564722323
Longitude
-81.653104918427
2400 Sterling St, Morganton, North Carolina

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2400 Sterling St
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