Hotel-Motel
Country Inn & Suites Boone
818 E King St, Boone, NC 28607
Listing Price: $7,250,000
Investment Overview
Marcus & Millichap is pleased to present the fee simple interest in the 68-unit Country Inn & Suites Boone, a well-located, branded limited-service hotel in Boone, North Carolina. The property benefits from close proximityto Appalachian State University and convenient access to U.S. Route 421 and NC-105, providing strong connectivity to downtown Boone and the greater High Country.
The hotel features a mix of spacious guestrooms and brand-standard amenities including complimentary breakfast, an indoor pool, fitness center, business center, guest laundry, and on-site parking, serving a balanced mix of university-related, leisure, and corporate demand.
Demand is driven by Appalachian State University, year-round tourism associated with the Blue Ridge Parkway, Grandfather Mountain, TweetsieRailroad, and nearby ski resorts, as well as local healthcare and government-related travel. The property’s location near national retailers and restaurants supports consistent year-round performance in Boone’s supply-constrained mountain market.
Country 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
Financing By
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 68-unit Country Inn & Suites Boone, a well-located, branded limited-service hotel in Boone, North Carolina. The property benefits from close proximityto Appalachian State University and convenient access to U.S. Route 421 and NC-105, providing strong connectivity to downtown Boone and the greater High Country. The hotel features a mix of spacious guestrooms and brand-standard amenities including complimentary breakfast, an indoor pool, fitness center, business center, guest laundry, and on-site parking, serving a balanced mix of university-related, leisure, and corporate demand. Demand is driven by Appalachian State University, year-round tourism associated with the Blue Ridge Parkway, Grandfather Mountain, TweetsieRailroad, and nearby ski resorts, as well as local healthcare and government-related travel. The property’s location near national retailers and restaurants supports consistent year-round performance in Boone’s supply-constrained mountain market.
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- Washington D.C./Virgina/Maryland
Financing By
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