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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
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
Parcel Number | 8571-15-73-1280 | Improvements Assessment | $3,351,820 |
Land Assessment | $982,450 | Total Assessment | $4,334,270 |
PROPERTY TAXES
zoning
Zoning Code | SP |
SP |
Learn More About Investing in Hospitality Properties
Listing ID: 11735050
Date on Market: 2/26/2018
Last Updated:
Address: 1675 Us Highway 1 S, Southern Pines, NC 28387
The Hospitality Property at 1675 Us Highway 1 S, Southern Pines, NC 28387 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.