3710 Hillsborough Rd | Durham, NC 27705
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- LoopNet Team
3710 Hillsborough Rd
Durham, NC 27705
SureStay Plus by Best Western (Conversion) · Hospitality Property For Sale · 45,810 SF
Investment Highlights
- Fee-Simple Interest in the Limited-Service, Three-Story Hotel on 2.68 Acres in the Heart of Durham
- 115 Mixed-Corridor Guest Rooms & Suites with Interior-Corridor Top Floor and Exterior Balconies on the Bottom Two Floors
- Located at the Crossroads of I-85 (107,000 VPD), Route 15-501 (47,000 VPD), N.C. Hwy 147 (21,000 VPD), Cole Mill Road (21,000 VPD) and Hillsborough Rd
- Approved as a Conversion to SureStay Plus Hotel by Best Western, the only Best Western-branded Hotel in Durham (Converting from Quality Inn)
- SureStay Brand Metrics Nationally Out-Performing Competitive Set with 123% average ADR Penetration and 107.2% average RevPAR Penetration
- Potential SBA Financing Available with CARES Act Incentives | Waived Guarantee Fees and Six Months of Forgiven Amortization Payments
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1990/2018 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.61 AC | Parking Ratio | 3.32/1,000 SF |
| Building Size | 45,810 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.61 AC |
| Building Size | 45,810 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1990/2018 |
| Tenancy | Single |
| Parking Ratio | 3.32/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 124829 | Improvements Assessment | $1,640,730 |
| Land Assessment | $1,128,961 | Total Assessment | $2,769,691 |
PROPERTY TAXES
Parcel Number
124829
Land Assessment
$1,128,961
Improvements Assessment
$1,640,730
Total Assessment
$2,769,691
zoning
| Zoning Code | IL |
| IL |
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