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1675 Us Highway 1 S
Southern Pines, NC 28387

SureStay Plus by Best Western Southern Pines · Hospitality Property For Sale · 46,382 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 4.21 AC
Building Size 46,382 SF
No. Stories 2
Year Built/Renovated 1988/2018
Parking Ratio 2.89/1,000 SF
Corridor Exterior

Amenities

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

About 1675 Us Highway 1 S , Southern Pines, NC 28387

TOURS OF THE PROPERTY Inspection of the property will be arranged by appointment only. Kindly do not attempt to inspect independently. DO NOT CONTACT HOTEL PERSONNEL DIRECTLY GROSS REVENUE (2017): $1,478,052 OVER HALF A MILLION SPENT IN RENOVATIONS (up to date). *New Renovation + Snack Shop in Lobby which will increase revenue even further.* **Update: Already up roughly $50k Jan-Feb months.** Ownership has performed numerous renovations the past 24 months and is in the process of completing even more as stated below. COMPLETED WORK Landscaping: Upgraded Lighting Pool Area: New Signage and Furniture- Upgraded LED lighting (reduced electric cost) Lobby/Back-Office: New Up-To-Code Window Blinds Fitness Center: New Signage, Flooring, Lighting, Electric Equipment, Towel Shelf and Hamper, Hooks, and Trash Receptacle Laundry: New Lighting, New Flooring, New Machines Guest Rooms: Bathroom and Vanity Lighting + ALL new KABBA (RFID) locks on each room (123) Ice/Vending: New Vending Machines + New Lighting Parking Lot/Site Work/Sidewalk New Porte - Cochere (Outside Lobby Canopy Entrance) New Lighting All Other Areas Throughout the Hotel - Upgraded LED lighting (reduced electric cost) WORK IN PROGRESS (To be completed by 4/18) Vestibule - New Flooring and Artwork Lobby - New Flooring, Furniture, Lighting, Window Treatments and Artwork Front Desk - New Flooring and Artwork Business Center - New Flooring, Wall Finishes, Technology, Equipment and Artwork Breakfast Area - New Flooring, Wall Finishes, Window Treatments, Trash Receptacles, and Artwork Public Restrooms - New Flooring, Wall/Tile Finishes, Vanity, Lighting and Accessories Public Corridors - New Finishes Laundry - New Floor, Trash Receptacles and Artwork

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8571-15-73-1280
Land Assessment
$982,450
Improvements Assessment
$3,351,820
Total Assessment
$4,334,270

zoning

Zoning Code SP
SP
  • Listing ID: 11735050

  • Date on Market: 2/26/2018

  • Last Updated:

  • Address: 1675 Us Highway 1 S, Southern Pines, NC 28387

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