Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 132 unit Hampton Inn & Suites Charlotte Steele Creek Road, NC. Each unit comes equipped with a flatscreen tv, desk with chair, and private bathroom with complimentary toiletries. Select units offer additional seating area with a sofa-bed. Guests can take advantage of the on-site parking for a daily fee, 24-hour front desk, fitness center with updated machinery, indoor swimming pool, continental breakfast, business center with fax and photocopy machine, and an on-site convenience store. The property also has two meeting rooms offering 1,400 square feet of event space. The Hampton Inn & Suites is located in Steele Creek, a neighborhood in Charlotte, North Carolina, and one of the fastest growing zip codes in the state. The subject property is in the heart of the Berewick Town Center, a 92-acre, pedestrian friendly development with shops, restaurants, offices, and apartments. The Town Center is ideally situated with proximity to three major interstates just minutes away from all Charlotte has to offer and approximately a 10-minute drive from Charlotte Douglas International Airport. The Charlotte metropolitan area is home to professional sports teams, fortune 500 businesses, the Linx Blue Line, Carowinds Amusement Park, Topgolf, and more. Just 2.1 miles from the subject property is White Hall Corporate Center, a development featuring Class A suburban office buildings within the Whitehall master-planned community that is also home to a technology park, retail district, and residential community. The corporate center also attracts visitors and locals with its public collection of art. Charlotte Douglas International Airport is conveniently located 8.4 miles from the subject property and serves as a major hub for American Airlines. In 2023, CLT serviced over 53 million travelers. Combining a prime location directly off Interstate 485 (which is a thoroughfare connecting Charlotte with major cities like Columbia, SC to the South and Cleveland, OH to the North), this hotel is ideally positioned for an investor to capitalize on an extremely active and dynamic market.