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Hotel-Motel

Days Inn Raleigh South

3901 S Wilmington St, Raleigh, NC 27603

Listing Price: $5,395,000

Cap Rate
7.60%
Number of Rooms
103
RevPAR
$27
Gross SF
44,877
Price/Room
$52,379
RRM
5.29
Price/Gross SF
$120.22
Year Built
1972

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee-simple interest in the three-story, 103-key Days Inn by Wyndham located in Raleigh, North Carolina. This well-appointed hotel was constructed in 1972 and is being offered well below replacement costs with the ability to retain the current franchise. Guest rooms provide complimentary Wi-Fi and cable TVs, plus minifridges, microwaves, hair dryers, ironing boards and coffeemakers. A spacious work desk and a seating area are provided in all rooms at the Days Inn Raleigh South. Each room features simple dcor and includes a clock radio. Free amenities include continental breakfast buffet, seasonal outdoor swimming pool, sun deck, and parking.

Located off Interstate 40, this Raleigh hotel offers a daily continental breakfast and rooms with free WiFi and a cable TV. North Carolina State University is just 5.4 miles away. The 24-hour Waffle & Pancake House restaurant is adjacent to the Raleigh South Days Inn. Marbles Kids Museum is just 4.3 miles from this motel. The 401 Par Golf Course is a 5-minute drive away.

Explore the North Carolina Museum of History, then move on to the North Carolina Museum of Natural Sciences. Round out the trio with a visit to the North Carolina Museum of Art and view its extensive collection from around the globe. Tour the beautiful Greek Revival-style North Carolina State Capitol, or enjoy the many nearby opportunities for outdoor recreation such as golf, tennis, and fishing.

Investment Highlights

  • Offered unencumbered of debt and management
  • Days Inn Raleigh South hotel located off I-40, near downtown Raleigh
  • Strategically located within walking distance to many restaurants and retailers
  • Fee-simple interest in the 103-unit, Days Inn by Wyndham Raleigh South

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s) NC: 303785

    North Carolina

Listing Price: $5,395,000

Cap Rate
7.60%
Number of Rooms
103
RevPAR
$27
Gross SF
44,877
Price/Room
$52,379
RRM
5.29
Price/Gross SF
$120.22
Year Built
1972

Investment Highlights

  • Offered unencumbered of debt and management
  • Days Inn Raleigh South hotel located off I-40, near downtown Raleigh
  • Strategically located within walking distance to many restaurants and retailers
  • Fee-simple interest in the 103-unit, Days Inn by Wyndham Raleigh South

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee-simple interest in the three-story, 103-key Days Inn by Wyndham located in Raleigh, North Carolina. This well-appointed hotel was constructed in 1972 and is being offered well below replacement costs with the ability to retain the current franchise. Guest rooms provide complimentary Wi-Fi and cable TVs, plus minifridges, microwaves, hair dryers, ironing boards and coffeemakers. A spacious work desk and a seating area are provided in all rooms at the Days Inn Raleigh South. Each room features simple dcor and includes a clock radio. Free amenities include continental breakfast buffet, seasonal outdoor swimming pool, sun deck, and parking.

Located off Interstate 40, this Raleigh hotel offers a daily continental breakfast and rooms with free WiFi and a cable TV. North Carolina State University is just 5.4 miles away. The 24-hour Waffle & Pancake House restaurant is adjacent to the Raleigh South Days Inn. Marbles Kids Museum is just 4.3 miles from this motel. The 401 Par Golf Course is a 5-minute drive away.

Explore the North Carolina Museum of History, then move on to the North Carolina Museum of Natural Sciences. Round out the trio with a visit to the North Carolina Museum of Art and view its extensive collection from around the globe. Tour the beautiful Greek Revival-style North Carolina State Capitol, or enjoy the many nearby opportunities for outdoor recreation such as golf, tennis, and fishing.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s): NC: 303785

    North Carolina

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