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Hotel-Motel

Four Points by Sheraton Charlotte Pineville

9705 Leitner Dr, Pineville, NC 28314

Listing Price: $7,000,000

Cap Rate
6.79%
Number of Rooms
85
RevPAR
$58
Price/Room
$82,353
Year Built
2001

Investment Overview

Marcus & Millichap is pleased to offer for sale the fee-simple interest in the 85-room Four Points by Sheraton Charlotte–Pineville. The five-story, interior-corridor property features a collection of well-maintained guest rooms and suites.

The Marriott-affiliated hotel is ideally positioned near I-485 in the South Charlotte market. Located near Ballantyne, Atrium Health Pineville, Carolina Place Mall and Carowinds, the property benefits from a diversified base of corporate, healthcare, retail and leisure demand.

Its Marriott affiliation, interstate connectivity and proximity to both established and expanding demand generators position the Four Points to accommodate weekday business travelers and weekend leisure guests throughout the Charlotte MSA.

Investment Highlights

  • Fee simple interest in the 85-unit, five-story, interior corridor Four Points by Sheraton located in Charlotte-Pineville
  • Adjacent to Atrium Health Pineville, ranked #5 in Charlotte with 235 beds serving as the area's primary demand generators
  • Directly off I-485 with convenient access to I-77, providing high visibility and ease of accessibility to Charlotte's main demand generator
  • Approximately 5 miles from Ballantyne, which features of Charlotte's main corporate centers with 4M+ SF of class A office space and the new mixed-use project: The Bowl at Ballantyne
  • Multiple conversion opportunities available (contact agent)

Exclusively Listed By

  • Jack Davis

    Senior Managing Director Investments

    (843) 952-2253

    Email Jack

    License(s): SC: 92795, NC: LC896

    Charleston

  • Joce Messinger

    Managing Director Investments

    (843) 952-2255

    Email Joce

    License(s): SC: 80481, GA: 375018, NC: LC810

    Charleston

Broker of Record

  • Charles Gallagher

    Senior Director, Market Leader- North Carolina

    (704) 831-4600

    License(s) NC: 351471

    North Carolina

Financing By

Hotel-Motel

Four Points by Sheraton Charlotte Pineville

Listing Price: $7,000,000

Cap Rate
6.79%
Number of Rooms
85
RevPAR
$58
Price/Room
$82,353
Year Built
2001

Investment Highlights

  • Fee simple interest in the 85-unit, five-story, interior corridor Four Points by Sheraton located in Charlotte-Pineville
  • Adjacent to Atrium Health Pineville, ranked #5 in Charlotte with 235 beds serving as the area's primary demand generators
  • Directly off I-485 with convenient access to I-77, providing high visibility and ease of accessibility to Charlotte's main demand generator
  • Approximately 5 miles from Ballantyne, which features of Charlotte's main corporate centers with 4M+ SF of class A office space and the new mixed-use project: The Bowl at Ballantyne
  • Multiple conversion opportunities available (contact agent)

Investment Overview

Marcus & Millichap is pleased to offer for sale the fee-simple interest in the 85-room Four Points by Sheraton Charlotte–Pineville. The five-story, interior-corridor property features a collection of well-maintained guest rooms and suites. The Marriott-affiliated hotel is ideally positioned near I-485 in the South Charlotte market. Located near Ballantyne, Atrium Health Pineville, Carolina Place Mall and Carowinds, the property benefits from a diversified base of corporate, healthcare, retail and leisure demand. Its Marriott affiliation, interstate connectivity and proximity to both established and expanding demand generators position the Four Points to accommodate weekday business travelers and weekend leisure guests throughout the Charlotte MSA.

Exclusively Listed By

  • Jack Davis

    Senior Managing Director Investments

    (843) 952-2253

    Email Jack

    License(s): SC: 92795, NC: LC896

    Charleston

  • Joce Messinger

    Managing Director Investments

    (843) 952-2255

    Email Joce

    License(s): SC: 80481, GA: 375018, NC: LC810

    Charleston

Broker of Record

  • Charles Gallagher

    Senior Director, Market Leader- North Carolina

    (704) 831-4600

    License(s): NC: 351471

    North Carolina

Financing By

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