7 Laura LnThomasville, NC 27360

Property Details for 7 Laura Ln

Year built

1998

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.10 AC

Property size (Sq ft)

27,276 SF

Zone code

C3

Property type

Hospitality properties

Property subtype

Hotels

APN

16-337-C-00A-0007

APU

16337C00A0007

Description

This exceptional 45-key hotel, the Quality Inn & Suites Thomasville, presents a compelling investment opportunity in the thriving North Carolina market. Located at 7 Laura Ln, Thomasville, NC 27360, in Davidson County, this established property boasts a prime location and strong potential for continued success. Built in 1999, the hotel offers a solid foundation for immediate revenue generation and future growth. The property's 45 keys provide ample capacity to cater to a diverse range of guests, from business travelers to leisure tourists. Its convenient location within Thomasville ensures easy access to local attractions, businesses, and transportation links. This turnkey operation is ready for a new owner to step in and capitalize on its existing infrastructure and market position. Detailed financial information and operational data are available upon request. The property is categorized as Hospitality, with a subtype of Hotel. This presents a rare chance to acquire a well-established hotel in a desirable location, offering significant potential for return on investment. Further information can be obtained through the provided contact information. This is an excellent opportunity for experienced hospitality investors seeking a proven asset in a stable market.

• CAP approach

  CAP return

  Valuation

  6%

  $3,398,978

  6.5%

  $3,137,518

  7%

  $2,913,410

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,136,225

  Geo Method

  $10,854,457

• Alternative Use

  Use

  Valuation

  Residential

  $3,425,258

  Hospitality

  $3,137,518

  Educational

  $2,610,378

  Medical

  $2,700,154

  Retail

  $4,060,589

Location Insight

City

Thomasville

County

Davidson

State

North Carolina

Latitude

35.8629

Longitude

-80.0699

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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