Hotel-Motel
Four Points by Sheraton Charlotte Pineville
9705 Leitner Dr, Pineville, NC 28314
Listing Price: $8,250,000
Investment Overview
Marcus & Millichap is pleased to offer for sale a fee simple interest in the 85-unit, Four Points by Sheraton Charlotte Pineville. The interior corridor property features five floors of well-maintained guest rooms. Premium amenities at the hotel include an outdoor swimming pool and a meeting room facility. Common area amenities available to guests are complimentary breakfast, fitness center, business center, free on-site parking, guest-laundry facilities, shared TV and lounge area, 24-hour front desk, and an on-site convenience store. Each guest room is equipped with free Wi-Fi, flat-screen TVs, minifridge, microwave, in-room coffee & tea maker, desk with chair, private bathroom, and seating area.
The Four Points is ideally located off I-485 with close proximity to all demand generators and Charlotte Uptown, 13 miles away. Nearby demand generators include Carowinds Amusement Park, 5 miles away, Ballantyne Corporate Park, 5 miles away, and Carolina Place Mall, 0.5 miles away. Carowinds, a 398-acre amusement park, is located on the border of North and South Carolina, and attracts nearly 2 million visitors annually. Downtown Charlotte boasts lively entertainment, multiple universities, medical centers, professional sports team, and much more. The metro is home to 6 Fortune 500 headquarters such as Bank of America along with many other businesses. Each year, Charlotte attracts more than 18 million visitors, and the Charlotte/Douglas International Airport is ranked in the top 10 busiest airports in the U.S. Two major medical centers are located nearby, Piedmont Medical Center located in Rockhill with 288 bed, and Atrium Health Pineville, with 235 beds. These two medical centers each bring in more than 1 billion in patient revenues. The Ballantyne Corporate Park, 5 miles away, offers a 535-acre mixed use facility featuring corporate office space.
Four Points by Sheraton Charlotte Pineville
Investment Highlights
- Fee simple interest in the 85-Unit (All-Suites), Four Points by Sheraton Charlotte Pineville, located in Pineville, North Carolina
- Located 15 miles from the Charlotte Douglas International Airport and all other demand generators
- Charlotte Douglas International Airport provided service to more than 48 Million passengers in 2022 | The Airport is ranked at the 7th busiest in the U.S. and offers flights to 178 destinations worldw
- Historical revenues have ranged from $2,000,000 – $2,400,000 affording strong cash flow
- Charlotte Uptown, 13 miles away, offers major metro attractions including universities, hospitals, entertainment, retail & more
- Atrium Health Pineville, 1 mile away, is 235-bed hospital and ranked in top 4 for Cardiovascular hospitals according to IBM Watson
- Carowinds, 5 miles away, is a popular North/South Carolina tourist destination with more than 50 rides and attractions
- Ballantyne Corporate Park, 5 miles away, is a 535+ acre mixed use facility featuring corporate of?ce space
Listing Price: $8,250,000
Investment Highlights
- Fee simple interest in the 85-Unit (All-Suites), Four Points by Sheraton Charlotte Pineville, located in Pineville, North Carolina
- Located 15 miles from the Charlotte Douglas International Airport and all other demand generators
- Charlotte Douglas International Airport provided service to more than 48 Million passengers in 2022 | The Airport is ranked at the 7th busiest in the U.S. and offers flights to 178 destinations worldw
- Historical revenues have ranged from $2,000,000 – $2,400,000 affording strong cash flow
- Charlotte Uptown, 13 miles away, offers major metro attractions including universities, hospitals, entertainment, retail & more
- Atrium Health Pineville, 1 mile away, is 235-bed hospital and ranked in top 4 for Cardiovascular hospitals according to IBM Watson
- Carowinds, 5 miles away, is a popular North/South Carolina tourist destination with more than 50 rides and attractions
- Ballantyne Corporate Park, 5 miles away, is a 535+ acre mixed use facility featuring corporate of?ce space
Investment Overview
Marcus & Millichap is pleased to offer for sale a fee simple interest in the 85-unit, Four Points by Sheraton Charlotte Pineville. The interior corridor property features five floors of well-maintained guest rooms. Premium amenities at the hotel include an outdoor swimming pool and a meeting room facility. Common area amenities available to guests are complimentary breakfast, fitness center, business center, free on-site parking, guest-laundry facilities, shared TV and lounge area, 24-hour front desk, and an on-site convenience store. Each guest room is equipped with free Wi-Fi, flat-screen TVs, minifridge, microwave, in-room coffee & tea maker, desk with chair, private bathroom, and seating area. The Four Points is ideally located off I-485 with close proximity to all demand generators and Charlotte Uptown, 13 miles away. Nearby demand generators include Carowinds Amusement Park, 5 miles away, Ballantyne Corporate Park, 5 miles away, and Carolina Place Mall, 0.5 miles away. Carowinds, a 398-acre amusement park, is located on the border of North and South Carolina, and attracts nearly 2 million visitors annually. Downtown Charlotte boasts lively entertainment, multiple universities, medical centers, professional sports team, and much more. The metro is home to 6 Fortune 500 headquarters such as Bank of America along with many other businesses. Each year, Charlotte attracts more than 18 million visitors, and the Charlotte/Douglas International Airport is ranked in the top 10 busiest airports in the U.S. Two major medical centers are located nearby, Piedmont Medical Center located in Rockhill with 288 bed, and Atrium Health Pineville, with 235 beds. These two medical centers each bring in more than 1 billion in patient revenues. The Ballantyne Corporate Park, 5 miles away, offers a 535-acre mixed use facility featuring corporate office space.
