1408 N Sandhills Blvd | Aberdeen, NC 28315
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1408 N Sandhills Blvd
Aberdeen, NC 28315
AmeriVu Inn & Suites Aberdeen · Hospitality Property For Sale · 29,546 SF
Investment Highlights
- Converted in 2017 from a Motel 6 and renovated in 2019/2020, offered with minimal PIP for a new investor.
- Fee-Simple interest in the 79-unit Super 8 located in Aberdeen/Southern Pines.
- Upside through hands-on operations as the current owner isn’t local to Southern Pines.
- Located within 5 minutes from the famous Pinehurst golf courses, which attract overseas travelers, and proximity to multiple amenities.
- Historical “Pre-Renovation” revenue numbers of $850,000 generating strong cash flow.
- 2022/2023 Revenues are expected to exceed $850,000-$900,000.
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 1 |
Property Subtype | Hotel | Year Built/Renovated | 1988/2016 |
Building Class | C | Parking Ratio | 3.38/1,000 SF |
Lot Size | 2.43 AC | Corridor | Exterior |
Building Size | 29,546 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 2.43 AC |
Building Size | 29,546 SF |
No. Stories | 1 |
Year Built/Renovated | 1988/2016 |
Parking Ratio | 3.38/1,000 SF |
Corridor | Exterior |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $949,170 |
Land Assessment | $2,223,200 | Total Assessment | $3,172,370 |
PROPERTY TAXES
Parcel Numbers
Multiple
- 8570-07-59-7965
- 8571-19-50-5066
Land Assessment
$2,223,200
Improvements Assessment
$949,170
Total Assessment
$3,172,370
zoning
Zoning Code | AB |
AB |
Learn More About Investing in Hospitality Properties
Listing ID: 24710676
Date on Market: 12/22/2021
Last Updated:
Address: 1408 N Sandhills Blvd, Aberdeen, NC 28315
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