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This Hospitality Property is no longer advertised on LoopNet.com.

11 Rocky Ridge Rd
Asheville, NC 28806
 Fairfield Inn & Suites Asheville Outlets · Hospitality Property For Sale · 56,342 SF

Hotels North Carolina Asheville 11 Rocky Ridge Rd, Asheville, NC 28806

INVESTMENT HIGHLIGHTS

  • The Fairfield Inn & Suites Asheville Outlets provides investors with a renovated 92-key hotel with strong existing cash flow and growth potential.
  • Placed just off Interstate 26, with easy connections to I-40 and I-240, the hotel benefits from exposure to 24,000+ passing vehicles daily.
  • Asheville received 13.9 million visitors in 2023 and $3 billion in spending, enhancing the hotel's position as a prime hospitality investment.
  • Nearby attractions include the Tanger Outlets, Chimney Rock, NC Arboretum, Pisgah Forest, and the Biltmore Estate, which draws 1.4M annual visitors.
  • Operating below submarket averages in occupancy and RevPAR, the hotel offers an operational upside to enhance profitability and performance.
  • As of March 21, 2025, the Hotel's revenue has increased by $168,020 (60.1%) compared to the previous year, with a trailing twelve-month (TTM) revenue

PROPERTY FACTS

Sale Condition Auction Sale No. Stories 6
Type of Ownership Fee Simple Year Built/Renovated 1997/2019
Property Type Hospitality Tenancy Single
Property Subtype Hotel Parking Ratio 1.65/1,000 SF
Building Class B Corridor Interior
Lot Size 2.35 AC Parcel Numbers
9626-78-5833-00000
  • 9626-78-6913-00000
Building Size 56,342 SF
Zoning XXX
Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.35 AC
Building Size 56,342 SF
No. Stories 6
Year Built/Renovated 1997/2019
Tenancy Single
Parking Ratio 1.65/1,000 SF
Corridor Interior
Zoning XXX
Parcel Numbers
9626-78-5833-00000
  • 9626-78-6913-00000

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Meeting Event Space
 

  • Listing ID: 34555009

  • Date on Market: 1/21/2025

  • Last Updated:

  • Address: 11 Rocky Ridge Rd, Asheville, NC 28806

The Bent Creek Hospitality Property at 11 Rocky Ridge Rd, Asheville, NC 28806 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

HOSPITALITY PROPERTIES IN NEARBY NEIGHBORHOODS

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Fairfield Inn & Suites Asheville Outlets

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