For Sale
$5,850,000

1957 Cedar Creek Rd Fayetteville, NC 28312

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

Overview

Added:
Dec 11, 2024
Days on market:
136
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

FAQs

What type of property is this?
Hospitality property - 114-Room Motel, Fayetteville, NC. High ROI Potential.
Where is the hospitality property located?
The property is located at 1957 Cedar Creek Rd Fayetteville, NC.
What is the asking price?
The asking price for this property is $5,850,000.
What are key features of this property?
This property features: $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.
How can I contact the broker?
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1957 Cedar Creek Rd
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