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

1415 J.K. Powell Blvd
Whiteville, NC 28472

Quality Inn Whiteville North · Hospitality Property For Sale · 30,464 SF

Investment Highlights

  • Property tours are by APPOINTMENT ONLY. Any attempts to visit property without agent approval will result in a ban from all future listings.
  • Minimal COVID-19 Interruption to 2020 Performance
  • Lease-to-Purchase Option Available with 25-30% Down
  • Fee Simple Interest in the 62-Room, Interior-Corridor Hotel
  • Renovated in 2018/2019 | Minimal PIP
  • 50% Gross Operating Profit Margins | $800K NOI | 50% Cash-on-Cash in Year 1

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.95 AC
Building Size 30,464 SF
No. Stories 2
Year Built/Renovated 1998/2019
Tenancy Single
Parking Ratio 5.74/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0281.02-77-0638.000
  • 0097406
Land Assessment
$594,500
Improvements Assessment
$1,771,200
Total Assessment
$2,365,700

zoning

Zoning Code B-3
B-3
  • Listing ID: 22519057

  • Date on Market: 3/19/2021

  • Last Updated:

  • Address: 1415 J.K. Powell Blvd, Whiteville, NC 28472

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