Hotel-Motel
Quality Inn & Suites Boone
840 E King St, Boone, NC 28607
Listing Price: $7,500,000
Investment Overview
Marcus & Millichap is pleased to present the fee simple interest in the 72-unit Quality Inn & Suites Boone –University Area, a well-located limited-service hotel in Boone, North Carolina. The property benefits from close proximity to Appalachian State University and convenient access to U.S. Route 421 and NC-105, providing strong visibility and connectivity to downtown Boone and the greater High Country.
The hotel offers a mix of comfortable guestrooms and amenities including complimentary breakfast, an indoor pool, fitness center, business center, guest laundry, and on-site parking, serving a diverse mix of university, leisure, and corporate travelers.
Demand is driven by Appalachian State University, regional tourism tied to the Blue Ridge Parkway, Grandfather Mountain, Tweetsie Railroad, and area ski resorts, as well as local healthcare and government-related travel. Its location near national retailers and restaurants further supports consistent year-round performance in a supply-constrained mountain market.
Quality Inn & Suites Boone
Investment Highlights
- A+ location adjacent to Appalachian State University, primary economic and demand driver in Boone
- Strong, diversified demand from university, regional healthcare, and year-round tourism
- Excellent access via U.S. Route 421 and NC-105, the main corridors serving Boone and the High Country
- Supply constrained mountain market with limited developable land and barriers to new hotel construction
- Proximity to major regional attractions including the Blue Ridge Parkway, Grandfather Mountain, Tweetsie Railroad, and ski resorts
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- Washington D.C./Virgina/Maryland
Listing Price: $7,500,000
Investment Highlights
- A+ location adjacent to Appalachian State University, primary economic and demand driver in Boone
- Strong, diversified demand from university, regional healthcare, and year-round tourism
- Excellent access via U.S. Route 421 and NC-105, the main corridors serving Boone and the High Country
- Supply constrained mountain market with limited developable land and barriers to new hotel construction
- Proximity to major regional attractions including the Blue Ridge Parkway, Grandfather Mountain, Tweetsie Railroad, and ski resorts
Investment Overview
Marcus & Millichap is pleased to present the fee simple interest in the 72-unit Quality Inn & Suites Boone –University Area, a well-located limited-service hotel in Boone, North Carolina. The property benefits from close proximity to Appalachian State University and convenient access to U.S. Route 421 and NC-105, providing strong visibility and connectivity to downtown Boone and the greater High Country. The hotel offers a mix of comfortable guestrooms and amenities including complimentary breakfast, an indoor pool, fitness center, business center, guest laundry, and on-site parking, serving a diverse mix of university, leisure, and corporate travelers. Demand is driven by Appalachian State University, regional tourism tied to the Blue Ridge Parkway, Grandfather Mountain, Tweetsie Railroad, and area ski resorts, as well as local healthcare and government-related travel. Its location near national retailers and restaurants further supports consistent year-round performance in a supply-constrained mountain market.
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- Washington D.C./Virgina/Maryland
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