For Sale
$6,160,223
1721 Broadcast St Gastonia, NC 28052
104-Key Hotel, Strong Cash Flow, Charlotte MSA
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Strong investment opportunity in tax-friendly Charlotte MSA with low property taxes and approachable revenue multiple.
- Consistent cash flow, low operating expenses, and strong NOI. Outperforms comparable hotels in key metrics.
- Value-add potential: operate independently, renovate, or rebrand.
- Manageable size ideal for owner-operator, maximizing profitability.
- 17.4 miles from Charlotte Douglas International Airport and 24 miles from Uptown Charlotte.
- High visibility location at I-85 and US 321 intersection.
Property Details for 1721 Broadcast St
- Property type
- Hospitality properties, Motels
- Year Built/Renovated
- 1988/2022
- Buildings
- 2
- Stories
- 1
- Lot Size (sq. ft)
- 179,032 SF
Location Insight
- City
- Gastonia
- County
- Gaston
- State
- North Carolina
- Latitude
- 35.285767
- Longitude
- -81.1907682
Nearby Similar for Sale
FAQs
- What type of property is this?
- Hospitality property - 104-Key Hotel, Strong Cash Flow, Charlotte MSA
- Where is the hospitality property located?
- The property is located at 1721 Broadcast St Gastonia, NC.
- What is the asking price?
- The asking price for this property is $6,160,223.
- What are key features of this property?
- This property features: Strong investment opportunity in tax-friendly Charlotte MSA with low property taxes and approachable revenue multiple.; Consistent cash flow, low operating expenses, and strong NOI. Outperforms comparable hotels in key metrics.; Value-add potential: operate independently, renovate, or rebrand.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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