For Sale
$7,995,000

1406 Heartland DrKernersville, NC 27284

Profitable 104-key hotel in prime location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This fee-simple owned, 104-key Sleep Inn hotel presents a compelling investment opportunity. Located at 1406 Heartland Drive, Kernersville, NC 27284, this established property boasts a prime location and significant potential for return. Built in 1995, the hotel sits on a 2.2-acre lot in Forsyth County, offering ample space and potential for future development or expansion. The property's 104 keys cater to a substantial market demand, ensuring consistent occupancy rates. The asking price for this turnkey operation is $7,995,000. This represents a rare chance to acquire a well-established hotel in a thriving North Carolina market. The property's strategic location near I-40 provides excellent accessibility for both business and leisure travelers. With its proven track record and strong market position, this Sleep Inn hotel offers a stable and potentially lucrative investment for discerning buyers. Detailed financial information is available upon request. This is a fee simple ownership, providing complete control and ownership of the property.

Highlights

  • Excellent location with high visibility on I-40, offering strong potential for transient and local clientele.
  • Well-maintained Sleep Inn franchise with a proven track record of profitability.
  • Strong historical occupancy rates and consistent revenue streams demonstrate a stable investment opportunity.
  • Property features a desirable number of guest rooms and ample parking, catering to a broad range of travelers.
  • Significant upside potential through targeted marketing and operational improvements.

Property Details for 1406 Heartland Dr

Property type
Hospitality properties, Hotels
Year Built
1995
Lot Size (sq. ft)
95,832 SF

Location Insight

City
Kernersville
County
Forsyth
State
North Carolina
Latitude
36.08734513
Longitude
-80.06234826
1406 Heartland Dr, Kernersville, North Carolina

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1406 Heartland Dr
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