Lender Owned | Courtyard by Marriott | Charlotte MSA

Highlights:

• Fee simple interest in the lender-owned 90-room Courtyard by Marriott in the Lake Norman/Huntersville submarket of Charlotte, North Carolina.
• The asset will be available for purchase in the June 11th auction event via Real Insight Marketplace.
• Offered unencumbered by management and debt and at a significant discount to replacement cost.
• Strong operational upside in transitioning the asset out of lender control and third-party management.
• Opportune time to invest in the Lake Norman market, with the asset and comparable set showing trailing twelve-month RevPAR gains of nearly 20%
• Property is available for relicensing under the existing Marriott flag for qualifying franchisees.

Description:

RI Marketplace Online Auction June 9-11, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2493/auction-lender-owned-courtyard-by-marriott-charlotte-msa-?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=hospitality_2493

Alchemy Real Estate Advisors, in conjunction with RealINSIGHT Marketplace, is pleased to offer for sale the Courtyard by Marriott in the Lake Norman/Huntersville submarket within the Charlotte MSA. Located in the heart of the Sam Furr Road commercial corridor, this property is within walking distance to several nationally recognized full-service chain restaurants. It is adjacent to the Interstate 77 / Sam Furr Road interchange, with upwards of 94,000 vehicles passing the location daily. The proximity to all Lake Norman area leisure demand is a significant advantage, drawing more than six million visitors annually to the 50-square mile freshwater lake.

Additionally, the property is near the nationally renowned Joe Gibbs Racing headquarters, home to four NASCAR Cup Series teams and winner of ten Cup Series, Xfinity Series, and ARCA Series championships. It is also close to all government area demand, including The United States Nuclear Regulatory Commission, the Marshall Steam Station, and the McGuire Nuclear Station, which provide power to four neighboring counties and the city of Charlotte.

The property is readily accessible to all broader Charlotte area demand, including downtown Charlotte, Bank of America stadium, Spectrum Center, and the NASCAR Hall of Fame. Charlotte Douglas Airport is currently undergoing a $4 billion expansion and modernization on the heels of a record-breaking nearly 59 million passengers in 2024. This is an opportune time to be investing in the Charlotte MSA amidst unprecedented growth, with 117 new residents relocating to the market daily and an anticipated 1.6 million new residents expected in coming years.

Jerry E. King
King Auction & Realty Co., Inc.
License: 1010
NC Broker’s license: 22778

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