1699 Us-401 Byp | Laurinburg, NC 28352
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1699 Us-401 Byp
Laurinburg, NC 28352
Comfort Inn Laurinburg · Hospitality Property For Sale · 35,502 SF
Investment Highlights
- Property tours are by APPOINTMENT ONLY. Any attempts to visit/contact property without agent approval will result in a ban from all future listings
- Newly Renovated with Move-to-Modern Package Complete | Minimal PIP Expected for Purchaser
- Projected Revenue of Over $2,000,000-$2,300,000+ Based on Competitive Set RevPAR of $79 | Owner Can Leverage Recent Renovations to Increase ADR/Occ
- Fee Simple Interest in the 80-Room, Limited Service, Interior-Corridor, Three-Story Hotel
- Significant Value-Add Opportunity with Only 56.5% RevPAR Penetration Index | Immediate Management Upside
- Underperforming Hotel Currently Ranked as Fifth of Five Hotels in the Competitive Set for Occupancy and RevPAR
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1989/1999 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.05 AC | Parking Ratio | 2.11/1,000 SF |
| Building Size | 35,502 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.05 AC |
| Building Size | 35,502 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1989/1999 |
| Tenancy | Single |
| Parking Ratio | 2.11/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 01-0018-01-011 | Improvements Assessment | $2,010,020 |
| Land Assessment | $335,520 | Total Assessment | $2,345,540 |
PROPERTY TAXES
Parcel Number
01-0018-01-011
Land Assessment
$335,520
Improvements Assessment
$2,010,020
Total Assessment
$2,345,540
zoning
| Zoning Code | GB (Commercial) |
| GB (Commercial) |
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