For Sale
$3,799,000

312 J J Dr Greensboro, NC 27406

100-Room Hotel, Prime Location

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This Greensboro, NC hotel presents a compelling investment opportunity. The Cavalier Inn, located at 312 W J J Dr, offers 100 keys within a 17,576 square foot building situated on a 3.01-acre lot. Built in 1972, the property is zoned LI (Industrial) and features ample parking with 109 spaces, exceeding a 1:1 ratio. The asking price is $3,799,000, translating to $37,990 per key. The property benefits from a strong demographic profile within a 5-mile radius, boasting a projected 2024 population of 155,832 and an average household income of $75,659. This single-story building presents significant potential for growth and redevelopment within the Greensboro market. The property's size and location in Guilford County, NC, zip code 27406, offer considerable advantages for investors seeking a foothold in the hospitality sector. The substantial lot size provides room for expansion or future development. This is a rare opportunity to acquire a well-positioned hotel in a thriving area. The property's strong fundamentals and attractive price point make it an ideal investment for experienced hospitality operators or those seeking a high-return asset.

Highlights

  • $3,799,000 asking price for the Cavalier Inn Greensboro.
  • 100-key hotel in Greensboro, NC.
  • 17,576 square feet on a 3.01-acre lot.
  • Built in 1972, one-story building.
  • LI zoning.

Property Details for 312 J J Dr

Property type
Hospitality properties, Hotels
Square Feet
17,576 SF
Year Built
1972
Stories
1
Lot Size (sq. ft)
131,116 SF

Location Insight

City
Greensboro
County
Guilford
State
North Carolina
Latitude
36.0335696
Longitude
-79.7975024

FAQs

What type of property is this?
Hospitality property - 100-Room Hotel, Prime Location
Where is the hospitality property located?
The property is located at 312 J J Dr Greensboro, NC.
What is the asking price?
The asking price for this property is $3,799,000.
What are key features of this property?
This property features: $3,799,000 asking price for the Cavalier Inn Greensboro.; 100-key hotel in Greensboro, NC.; 17,576 square feet on a 3.01-acre lot.
How can I contact the broker?
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312 J J Dr
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