Hotel-Motel
Red Roof Inn & Suites
1206 River St, Wilkesboro, NC 28697
Listing Price: $6,250,000
Investment Overview
Marcus & Millichap is pleased to present the fee simple interest in the 80-room Red Roof Inn & Suites, ideally located in Wilkesboro, North Carolina. Strategically positioned along U.S. Highway 421, the property offers direct access to Boone, Winston-Salem, and Charlotte, benefiting from a steady mix of corporate, medical, educational, and leisure demand throughout the year.
Wilkesboro serves as the primary lodging hub for Wilkes County, home to one of North Carolina’s largest certified industrial parks, the nearly 500-acre Wilkes Industrial Park, as well as major employers such as Tyson Foods, Provalus, and Wilkes Medical Center, a regional hospital within the Wake Forest Baptist Health network.
Nestled at the Gateway to the Blue Ridge Mountains, Wilkesboro captures overflow demand from nearby Boone, Blowing Rock, and High Country destinations, while also drawing visitors for events at the North Wilkesboro Speedway and the Yadkin Valley Wine Region. Continued downtown revitalization and expanding tech investment further enhance the area’s growth trajectory, supporting sustained lodging performance and long-term value creation for new ownership.
Red Roof Inn & Suites
Investment Highlights
- Fee simple interest in the 80-room Red Roof Inn & Suites located in Wilkesboro, North Carolina
- Strategically positioned along U.S. Highway 421, providing direct connectivity to Boone, Winston-Salem, and Charlotte
- Recently renovated property being offered with a minimal PIP for a new investor
- 4 miles from Wilkes Industrial Park, one of the state's largest certified industrial parks spanning almost 500 acres
- Just over 2 miles to the Wilkes Medical Center, part of the Wake Forest Baptist family, the 130-bed hospital which is also part of Wake Forest Baptist's Comprehensive Cancer Center network, the only one in the region designated by the National Cancer Institute
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $6,250,000
Investment Highlights
- Fee simple interest in the 80-room Red Roof Inn & Suites located in Wilkesboro, North Carolina
- Strategically positioned along U.S. Highway 421, providing direct connectivity to Boone, Winston-Salem, and Charlotte
- Recently renovated property being offered with a minimal PIP for a new investor
- 4 miles from Wilkes Industrial Park, one of the state's largest certified industrial parks spanning almost 500 acres
- Just over 2 miles to the Wilkes Medical Center, part of the Wake Forest Baptist family, the 130-bed hospital which is also part of Wake Forest Baptist's Comprehensive Cancer Center network, the only one in the region designated by the National Cancer Institute
Investment Overview
Marcus & Millichap is pleased to present the fee simple interest in the 80-room Red Roof Inn & Suites, ideally located in Wilkesboro, North Carolina. Strategically positioned along U.S. Highway 421, the property offers direct access to Boone, Winston-Salem, and Charlotte, benefiting from a steady mix of corporate, medical, educational, and leisure demand throughout the year. Wilkesboro serves as the primary lodging hub for Wilkes County, home to one of North Carolina’s largest certified industrial parks, the nearly 500-acre Wilkes Industrial Park, as well as major employers such as Tyson Foods, Provalus, and Wilkes Medical Center, a regional hospital within the Wake Forest Baptist Health network. Nestled at the Gateway to the Blue Ridge Mountains, Wilkesboro captures overflow demand from nearby Boone, Blowing Rock, and High Country destinations, while also drawing visitors for events at the North Wilkesboro Speedway and the Yadkin Valley Wine Region. Continued downtown revitalization and expanding tech investment further enhance the area’s growth trajectory, supporting sustained lodging performance and long-term value creation for new ownership.
Exclusively Listed By
Broker of Record
Financing By
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