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Hotel-Motel

Days Inn & Suites by Wyndham Siler City

1515 E 11th St, Siler City, NC 27344

Listing Price: $3,200,000

Cap Rate
8.30%
Number of Rooms
40
RevPAR
$53
Price/Room
$80,000
RRM
4.17
Year Built
1999

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 40-unit, Days Inn & Suites by Wyndham, located in Siler City, North Carolina. The 2-story hotel was built in 1999, with recent renovations in 2016. Common area amenities include complimentary breakfast, a lobby lounge area with fireplace, dining room, and an outdoor swimming pool. The subject property offers fee on-site parking and has accessibility for bus, RV and truck parking as well. Each guest room is equipped with free Wi-Fi, flat-screen TV, in-room coffee & tea maker, desk with chair, microwave, minifridge, desk with chair, and hairdryer. Suites offer a more spacious room as well as a kitchenette. Rollaway beds are available upon request. The Days Inn & Suites is situated less than a mile off US-421, centrally located between Raleigh, Durham, and Greensboro, which are all within an hour drive. Raleigh, located 50 minutes away, is one of the fastest-growing regions in the state and has been recognized for livability, career development and its high job growth. Some major corporations in the Raleigh area included BB&T Insurance Services, Capitol Broadcasting Company, and Lulu. About 25 minutes from the hotel, Lake Jordan offers a wide variety of outdoor and aquatic activities such as boating, fishing, swimming, and kayaking. Other activities in the area include golfing at Siler City Golf Club. Many top universities are located within an hour of the property, including North Carolina State University, Duke University, University of North Carolina at Greensboro, and University of North Carolina at Chapel Hill. For easy traveling, the hotel is situated equal distance between the Piedmont Triad International Airport and the Raleigh-Durham International Airport, both located about 38 miles away.

Investment Highlights

  • Fee simple interest in the 40-unit, Days Inn & Suites by Wyndham, located in Siler City, North Carolina
  • Located equal distance between the Raleigh-Durham International Airport, 38 miles away, and the Piedmont Triad Airport, 37.5 miles away.
  • Centrally located between Raleigh, Durham, and Greensboro, all located within an hour of the hotel
  • Walking distance to restaurants and retail stores
  • Conveniently located less than 1 mile off US-421 | High Visibility & Accessibility

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s) NC: 303785

    North Carolina

Hotel-Motel

Days Inn & Suites by Wyndham Siler City

Listing Price: $3,200,000

Cap Rate
8.30%
Number of Rooms
40
RevPAR
$53
Price/Room
$80,000
RRM
4.17
Year Built
1999

Investment Highlights

  • Fee simple interest in the 40-unit, Days Inn & Suites by Wyndham, located in Siler City, North Carolina
  • Located equal distance between the Raleigh-Durham International Airport, 38 miles away, and the Piedmont Triad Airport, 37.5 miles away.
  • Centrally located between Raleigh, Durham, and Greensboro, all located within an hour of the hotel
  • Walking distance to restaurants and retail stores
  • Conveniently located less than 1 mile off US-421 | High Visibility & Accessibility

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 40-unit, Days Inn & Suites by Wyndham, located in Siler City, North Carolina. The 2-story hotel was built in 1999, with recent renovations in 2016. Common area amenities include complimentary breakfast, a lobby lounge area with fireplace, dining room, and an outdoor swimming pool. The subject property offers fee on-site parking and has accessibility for bus, RV and truck parking as well. Each guest room is equipped with free Wi-Fi, flat-screen TV, in-room coffee & tea maker, desk with chair, microwave, minifridge, desk with chair, and hairdryer. Suites offer a more spacious room as well as a kitchenette. Rollaway beds are available upon request. The Days Inn & Suites is situated less than a mile off US-421, centrally located between Raleigh, Durham, and Greensboro, which are all within an hour drive. Raleigh, located 50 minutes away, is one of the fastest-growing regions in the state and has been recognized for livability, career development and its high job growth. Some major corporations in the Raleigh area included BB&T Insurance Services, Capitol Broadcasting Company, and Lulu. About 25 minutes from the hotel, Lake Jordan offers a wide variety of outdoor and aquatic activities such as boating, fishing, swimming, and kayaking. Other activities in the area include golfing at Siler City Golf Club. Many top universities are located within an hour of the property, including North Carolina State University, Duke University, University of North Carolina at Greensboro, and University of North Carolina at Chapel Hill. For easy traveling, the hotel is situated equal distance between the Piedmont Triad International Airport and the Raleigh-Durham International Airport, both located about 38 miles away.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s): NC: 303785

    North Carolina

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