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14510 Boulder Park Dr Huntersville, NC 28078

89-key hotel, recently renovated, high RevPAR potential.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 89-key Comfort Suites hotel in Huntersville, NC, presents a compelling investment opportunity. Built in 2010 and extensively renovated in 2022 ($1.7 million in improvements), this four-story, 124,740-square-foot, interior-corridor hotel sits on a 2.42-acre lot in a high-traffic tourism corridor. Its prime location, 14 miles from Charlotte's city center, offers easy access to I-77 (92,000 vehicles daily), Statesville Rd (21,000 vehicles daily), and Gilead Rd (34,000 vehicles daily). The property boasts a strong RevPAR index of 92%, consistently ranking among the top performers in its competitive set. The hotel is offered fee-simple, unencumbered by management or debt, and a new 20-year franchise agreement with Comfort Suites is anticipated, subject to a minor improvement plan. The recent renovations, combined with the hotel's superior age, structure, and location, position a prospective buyer to significantly increase ADR and occupancy, leading to substantial RevPAR growth and enhanced returns. The property's financial history, including revenue, NOI, ADR, and occupancy data, is available under a confidentiality agreement. This is a rare chance to acquire a well-positioned, high-performing hotel with significant upside potential in a thriving market. The property is zoned HC.

Property Details for 14510 Boulder Park Dr

Property type
Hospitality properties, Motels
Square Feet
124,740 SF
Year Built/Renovated
2010/2022
Buildings
1
Stories
4
Lot Size (sq. ft)
105,415 SF

Location Insight

City
Huntersville
County
Mecklenburg
State
North Carolina
Latitude
35.4148654
Longitude
-80.8546301
14510 Boulder Park Dr, Huntersville, North Carolina

FAQs

What type of property is this?
Hospitality property - 89-key hotel, recently renovated, high RevPAR potential.
Where is the hospitality property located?
The property is located at 14510 Boulder Park Dr Huntersville, NC.
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14510 Boulder Park Dr
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