For Sale
$3,799,000

312 J J DrGreensboro, NC 27406

100-Room Hotel, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
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
312 J J Dr, Greensboro, North Carolina

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
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.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
312 J J Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message