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Hotel-Motel

Holiday Inn Lumberton North I-95

101 Wintergreen Dr, Lumberton, NC 28358

Listing Price: $9,000,000

Cap Rate
8.56%
Number of Rooms
107
RevPAR
$75
Price/Room
$84,112
RRM
3.69
Year Built
1990

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 107-unit, Holiday Inn Lumberton North I-95, located in Lumberton, North Carolina. The subject property is ideally located on 5.74 acres along Interstate-95, a highly trafficked interstate that extends up the east coast from Miami, FL to the border of Maine and Canadian province of New Brunswick. Lumberton is considered a midway point between New York and Florida, prompting a surplus of transient reservations. The Holiday Inn features premium amenities including an outdoor swimming pool, as well as meeting and banquet facilities equipped to host meetings or special events. Other amenities include complimentary breakfast, fitness center, free on-site parking, 24-hour front desk, and a business center. Guest rooms provide complimentary Wi-Fi, private bathroom, in-room coffee & tea maker, microwave, refrigerator, desk with chair and flat-screen tv.

Lumberton is located in Robeson County in southeastern North Carolina and is known for its expansive history and culture. Over 400 archaeological sites have been discovered and recorded in Lumber River. A top attraction for the area is the Lumber River State Park, which offers over 100 miles of nature for people to hike, walk and bike through. Directly north of Lumberton along I-95 is Fayetteville, home to Fort Liberty, formerly Bragg Military Base, the largest military installation in the world covering more than 250 square miles.

Fayetteville is known for winning the prestigious All-America City Award from the National Civic League four times. It is currently the sixth largest municipality in North Carolina and as well as the home of Fort Liberty, formerly Bragg Military Base, which employs over 15,000 residents. The extensive army base has received an $84.5MM+ defense budget to aid in the development of additional training facilities, equipment, education system for military personnel’s children, housing and much more in this upcoming year. In addition to Fort Liberty, Fayetteville has multiple entertainment and historic attractions including golf courses, museums, parks, and restaurants. There are four colleges located in Fayetteville, NC.
When Congress passed the Base Realignment and Closure (BRAC) Act, it resulted in several new commands relocating to Fort Liberty, including the U.S. Army Forces Command and U.S. Army Reserve Command, both of which relocated from Fort McPherson in Atlanta. This brought more than 30,000 people to the area with associated businesses and families. FORSCOM awards over $300 billion in contracts annually. Fort Bragg and Pope Field (formerly Pope Air Force Base) are next to the city of Fayetteville. Several U.S. Army Airborne units are also stationed at Fort Bragg, most prominently the XVIII Airborne Corps HQ, the 82nd Airborne Division, and the United States Army Special Operations Command.

Investment Highlights

  • Fee simple interest in the 107 unit, Holiday Inn Lumberton North I-95 located in Lumberton, North Carolina
  • Conveniently located off I-95 a highly trafficked thoroughfare that extends along the east coast from Miami, FL to Northern Maine
  • Fayetteville Regional Airport, 25.6 miles north, offers daily flights to three major airports: Charlotte, Atlanta, & Dallas/Fort Worth
  • Fort Liberty, formerly Fort Bragg, 35 miles away, is one of the largest military bases in the world home to more than 60,000 active military personnel
  • Fayetteville, 25 miles away, is the sixth largest municipality in North Carolina and home to Fort Liberty (Bragg) | The city is four time recipient of the prestigious All-American-City Award
  • The Lumber River is federally recognized as a national wild and scenic river | It is historically known for it's groundwork in the lumber industry and over 400 archaeological sites have been recorded along the river

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s) NC: 303785

    North Carolina

Financing By

Hotel-Motel

Holiday Inn Lumberton North I-95

Listing Price: $9,000,000

Cap Rate
8.56%
Number of Rooms
107
RevPAR
$75
Price/Room
$84,112
RRM
3.69
Year Built
1990

Investment Highlights

  • Fee simple interest in the 107 unit, Holiday Inn Lumberton North I-95 located in Lumberton, North Carolina
  • Conveniently located off I-95 a highly trafficked thoroughfare that extends along the east coast from Miami, FL to Northern Maine
  • Fayetteville Regional Airport, 25.6 miles north, offers daily flights to three major airports: Charlotte, Atlanta, & Dallas/Fort Worth
  • Fort Liberty, formerly Fort Bragg, 35 miles away, is one of the largest military bases in the world home to more than 60,000 active military personnel
  • Fayetteville, 25 miles away, is the sixth largest municipality in North Carolina and home to Fort Liberty (Bragg) | The city is four time recipient of the prestigious All-American-City Award
  • The Lumber River is federally recognized as a national wild and scenic river | It is historically known for it's groundwork in the lumber industry and over 400 archaeological sites have been recorded along the river

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 107-unit, Holiday Inn Lumberton North I-95, located in Lumberton, North Carolina. The subject property is ideally located on 5.74 acres along Interstate-95, a highly trafficked interstate that extends up the east coast from Miami, FL to the border of Maine and Canadian province of New Brunswick. Lumberton is considered a midway point between New York and Florida, prompting a surplus of transient reservations. The Holiday Inn features premium amenities including an outdoor swimming pool, as well as meeting and banquet facilities equipped to host meetings or special events. Other amenities include complimentary breakfast, fitness center, free on-site parking, 24-hour front desk, and a business center. Guest rooms provide complimentary Wi-Fi, private bathroom, in-room coffee & tea maker, microwave, refrigerator, desk with chair and flat-screen tv. Lumberton is located in Robeson County in southeastern North Carolina and is known for its expansive history and culture. Over 400 archaeological sites have been discovered and recorded in Lumber River. A top attraction for the area is the Lumber River State Park, which offers over 100 miles of nature for people to hike, walk and bike through. Directly north of Lumberton along I-95 is Fayetteville, home to Fort Liberty, formerly Bragg Military Base, the largest military installation in the world covering more than 250 square miles. Fayetteville is known for winning the prestigious All-America City Award from the National Civic League four times. It is currently the sixth largest municipality in North Carolina and as well as the home of Fort Liberty, formerly Bragg Military Base, which employs over 15,000 residents. The extensive army base has received an $84.5MM+ defense budget to aid in the development of additional training facilities, equipment, education system for military personnel’s children, housing and much more in this upcoming year. In addition to Fort Liberty, Fayetteville has multiple entertainment and historic attractions including golf courses, museums, parks, and restaurants. There are four colleges located in Fayetteville, NC. When Congress passed the Base Realignment and Closure (BRAC) Act, it resulted in several new commands relocating to Fort Liberty, including the U.S. Army Forces Command and U.S. Army Reserve Command, both of which relocated from Fort McPherson in Atlanta. This brought more than 30,000 people to the area with associated businesses and families. FORSCOM awards over $300 billion in contracts annually. Fort Bragg and Pope Field (formerly Pope Air Force Base) are next to the city of Fayetteville. Several U.S. Army Airborne units are also stationed at Fort Bragg, most prominently the XVIII Airborne Corps HQ, the 82nd Airborne Division, and the United States Army Special Operations Command.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s): NC: 303785

    North Carolina

Financing By

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