Extended Stay America – Charlotte, NC

5830 Westpark Drive, Charlotte, NC

Market Price

Price

3.6 acres

Lot Area

72

Keys

Gallery
Street
Map
Overview
Lot Area
3.6 acres
Keys
72
Year Built
1995
Floors
3
Description

RI Marketplace Online Auction May 6-8, 2024
Register to Bid on Marketplace:

https://rimarketplace.com/auction/1877/extended-stay-america-charlotte-nc?utm_source=brevitas&utm_medium=listing&utm_campaign=hospitality_1877

Hunter Hotels in conjunction with RI Marketplace is please to offer The Extended Stay America – Charlotte – Tyvola Rd. – Executive Park. Charlotte, located 7 miles north, is home to numerous corporate and leisure demand generators. The city features the headquarters locations of 9 Fortune 500 companies including Bank of America (#32), Lowe’s (#39) and Honeywell (#115). As a corporately managed asset, the offering presents an opportunity for substantial operational upside upon implementation of a revamped management strategy.

Jerry E. King, Auctioneer
NC License: 1010
NC Broker’s license: 22778

Highlights
  • The Hotel is located in a corporate and affluent residential corridor off Interstate 77 approximately 7 miles south of downtown Charlotte
  • Currently corporately managed, the offering presents an opportunity for operational upside and will be delivered unencumbered of flag, management and debt
  • Nearby SouthPark is home to operations of Fortune 500 companies Nucor Corporation and Albemarle Corporation
  • Charlotte is home to 9 Fortune 500 companies including Bank of America, Lowe’s, and Honeywell
Documents
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