For Sale
$5,850,000

1957 Cedar Creek RdFayetteville, NC 28312

114-Room Motel, Fayetteville, NC. High ROI Potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This profitable 114-key Quality Inn & Suites Fayetteville motel presents a compelling investment opportunity. Located at 1957 Cedar Creek Rd, Fayetteville, NC 28312, this established property sits on a 4.08-acre lot and offers 175 parking spaces (a 1.54:1 ratio). Built in 1984 and extensively renovated in 2017, the motel is in excellent condition and ready for immediate operation. The asking price is $5,850,000, translating to a price per key of $51,316. The property benefits from its location within a thriving community, boasting a median household income of $64,973 within a one-mile radius. This strong local demographic contributes to the motel's consistent occupancy and revenue generation. The property's size, recent renovations, and favorable location combine to create a strong potential for return on investment. This is a turnkey operation ideal for an experienced hospitality investor seeking a well-established and profitable asset in a desirable market. The property's financial performance data is available upon request. This is a rare opportunity to acquire a fully operational and successful motel in a prime location.

Highlights

  • $5,850,000 asking price for this 114-key Quality Inn & Suites.
  • Fayetteville, NC motel on a 4.08-acre lot.
  • Built in 1984, renovated in 2017.
  • 175 parking spaces (1.54 per room).
  • Strong location with high median household income nearby.

Property Details for 1957 Cedar Creek Rd

Property type
Hospitality properties, Motels
Year Built/Renovated
1984/2017
Lot Size (sq. ft)
177,725 SF

Location Insight

City
Fayetteville
County
Cumberland
State
North Carolina
Latitude
35.0090507
Longitude
-78.8241737
1957 Cedar Creek Rd, Fayetteville, North Carolina

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1957 Cedar Creek Rd
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