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Hotel-Motel

Super 8 High Point/Greensboro

4400 Regency Dr, High Point, NC 27265

Listing Price: $4,500,000

Cap Rate
9.50%
Number of Rooms
62
RevPAR
$48
Gross SF
44,739
Price/Room
$72,581
RRM
4.12
Price/Gross SF
$100.58
Year Built
1997

Investment Overview

Marcus & Millichap is please to offer for sale a fee simple interest in the 62-unit Super 8 High Point/Greensboro located in High Point, North Carolina. The subject property is well-maintained and equipped with banquet/meeting space to hold special events or corporate meetings. Common area amenities include a game room, business center, on-site convenience store, and fitness center. At no extra cost, guests can enjoy complimentary breakfast and on-site parking. Each room offers free Wi-Fi, flat screen TV, desk with chair, microwave, minifridge, and in-room coffee maker. Suites provide extra seating creating a more spacious living area for guests as well as additional sleeping arrangements. The Super 8 is situated in High Point, North Carolina, along a highly trafficked corridor of I-40 at the intersection of I-40 / Highway 68 (Exit 210). The Hotel is surrounded by multiple retail stores, restaurants and business parks. The Super 8 has close proximity from downtown Greensboro, which is known for incredible shopping, nightlife, culture and fine dining. The hotel is also very convenient to many local businesses, such as Qorvo, Columbia Forest Products, Federal Express, Honda Aircraft, Volvo Trucks and is a short drive from the new Conference Center at GTCC as well as local universities. The Hotel appeals to guests due to its proximity to VF Corporation, Christian Learning Center, NC Agricultural & Technical State University, and the University of North Carolina at Greensboro. Events at the Koury Convention Center, including trade shows and other special events draw many guests to the Greensboro market. The subject property is located 10 minutes from the Piedmont Triad International Airport, making traveling to the area easy.

Investment Highlights

  • Fee simple interest in the 62-unit Super 8 High Point/Greensboro located in High Point, North Carolina
  • Located about 20 minutes outside of downtown Greensboro
  • Close to colleges | High Point University is located around 7 miles and UNC Greensboro is 10 miles from the hotel
  • Conveniently located within walking distance of restaurants and retail stores
  • 10 minutes from Piedmont Triad International Airport
  • Situated just over 1 mile away from Interstate-40 | High Visibility & Accessibility

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s) NC: 303785

    North Carolina

Hotel-Motel

Super 8 High Point/Greensboro

Listing Price: $4,500,000

Cap Rate
9.50%
Number of Rooms
62
RevPAR
$48
Gross SF
44,739
Price/Room
$72,581
RRM
4.12
Price/Gross SF
$100.58
Year Built
1997

Investment Highlights

  • Fee simple interest in the 62-unit Super 8 High Point/Greensboro located in High Point, North Carolina
  • Located about 20 minutes outside of downtown Greensboro
  • Close to colleges | High Point University is located around 7 miles and UNC Greensboro is 10 miles from the hotel
  • Conveniently located within walking distance of restaurants and retail stores
  • 10 minutes from Piedmont Triad International Airport
  • Situated just over 1 mile away from Interstate-40 | High Visibility & Accessibility

Investment Overview

Marcus & Millichap is please to offer for sale a fee simple interest in the 62-unit Super 8 High Point/Greensboro located in High Point, North Carolina. The subject property is well-maintained and equipped with banquet/meeting space to hold special events or corporate meetings. Common area amenities include a game room, business center, on-site convenience store, and fitness center. At no extra cost, guests can enjoy complimentary breakfast and on-site parking. Each room offers free Wi-Fi, flat screen TV, desk with chair, microwave, minifridge, and in-room coffee maker. Suites provide extra seating creating a more spacious living area for guests as well as additional sleeping arrangements. The Super 8 is situated in High Point, North Carolina, along a highly trafficked corridor of I-40 at the intersection of I-40 / Highway 68 (Exit 210). The Hotel is surrounded by multiple retail stores, restaurants and business parks. The Super 8 has close proximity from downtown Greensboro, which is known for incredible shopping, nightlife, culture and fine dining. The hotel is also very convenient to many local businesses, such as Qorvo, Columbia Forest Products, Federal Express, Honda Aircraft, Volvo Trucks and is a short drive from the new Conference Center at GTCC as well as local universities. The Hotel appeals to guests due to its proximity to VF Corporation, Christian Learning Center, NC Agricultural & Technical State University, and the University of North Carolina at Greensboro. Events at the Koury Convention Center, including trade shows and other special events draw many guests to the Greensboro market. The subject property is located 10 minutes from the Piedmont Triad International Airport, making traveling to the area easy.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s): NC: 303785

    North Carolina

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