Investment Overview

Marcus & Millichap is pleased to offer a leasehold interest in the 94-unit, Holiday Inn Express & Suites, located in Cherokee, North Carolina. The subject property is situated on 1.89 acres and features 3 floors of well-maintained guest rooms. Common area amenities include complimentary continental breakfast, outdoor swimming pool, fax & photocopy machine, fitness center, 24-hour front desk, free on-site parking. Each guest room is equipped with free Wi-Fi, flat-screen TV, private bathroom, sitting area, refrigerator, microwave, and hairdryer. Cherokee is home to the Harrah's Cherokee Casino which is the largest Casino in the state of North Carolina and is less than 1 mile from the Holiday Inn Express. Additional recreational attractions include the Sequoyah National Golf Club, Fire Mountain Trails, Ocanaluftee Indian Village, and the Museum of the Cherokee Indian. Restaurants that are less than 1 mile from the hotel include Taco Bell, Dominos, Pizza Hut, Arby's, McDonalds, Rancho Viejo Mexican Restaurant, and the Waffle House. The Cherokee Indian Reservation blends natural beauty, rich Indian culture, and exciting family attractions into an ideal vacation destination. With 9 million visitors a year, the nation's most popular national park is also one of the largest, offering more than 800 square miles of protected forest almost equally divided between Tennessee and North Carolina. Encompassing the communities of Murphy, Andrews and Brasstown, scenic Cherokee County offers a wealth of outdoor recreational activities, small town charm, and historic sites reflecting the area’s history and cultural heritage.