This Hospitality Property is no longer advertised on LoopNet.com.
4810 Bluestone Dr
ESA - Crabtree Valley Raleigh, NC · Hospitality Property For Sale
·
58,793 SF
INVESTMENT HIGHLIGHTS
Fee simple interest in the corporate-owned and managed 139-room Extended Stay America (ESA) Raleigh Crabtree Valley.
Property tours are available on 3/2/2023, please contact the listing broker to schedule your appointment.
Strong in-place performance with trailing-24-month year-over-year average ADR gains of nearly 10%.
Available for individual sale, part of a South / Southeast ‘Sun-Belt’ 17-property portfolio available in the auction events ending on March 15th-16th.
Ability to purchase any combination of the 17-assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
Offered unencumbered of brand, debt, and management - with a variety of alternative brand options available for conversion.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Hospitality
Property Subtype
Hotel
Building Class
C
Lot Size
4.90 AC
Building Size
58,793 SF
No. Stories
2
Year Built/Renovated
1997/2015
Tenancy
Single
Parking Ratio
2.68/1,000 SF
Corridor
Exterior
AMENITIES
High Speed Internet Access
PROPERTY TAXES
Parcel Number
0796.13-03-7937-000
Improvements Assessment
$4,277,580
Land Assessment
$2,843,074
Total Assessment
$7,120,654
