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This Hospitality Property is no longer advertised on LoopNet.com.

8700 Research Dr
Charlotte, NC 28262

SpringHill Suites Charlotte University · Hospitality Property For Sale · 91,735 SF

Investment Highlights

  • The hotel is a premium brand affiliation with best-in-class reservation systems and a rewards program.
  • The hotel boasts prime visibility and accessibility via I-85.
  • Closest hotel to Wells Fargo’s massive customer information center.
  • 8700 Research Drive presents significant value-add upside post-renovation.
  • The Charlotte market currently has a limited supply in the development pipeline.
  • Local competitors have closed, allowing the opportunity to capture demand within the upper-midscale and midscale classes.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.62 AC
Building Size 91,735 SF
No. Stories 4
Year Built 2000
Tenancy Single
Parking Ratio 2.18/1,000 SF
Corridor Interior

Amenities

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 047-141-12
  • 047-141-20
Land Assessment
$1,989,200
Improvements Assessment
$11,240,400
Total Assessment
$13,229,600

zoning

Zoning Code O1CD
O1CD
  • Listing ID: 25930358

  • Date on Market: 6/14/2022

  • Last Updated:

  • Address: 8700 Research Dr, Charlotte, NC 28262

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