Hotel-Motel

Super 8 Raleigh Downtown

Listing Price: $4,650,000

Cap Rate
8.77%
Number of Rooms
68
RevPAR
$44
Gross SF
25,332
Price/Room
$68,382
RRM
4.29
Price/Gross SF
$183.56
Year Built
1986

Investment Overview

Conveniently located off I-40, our hotel, near North Carolina State University, is just 30 minutes from Durham.

Adjacent to Interstate 40, this simple budget hotel is a 5-minute drive from North Carolina State University, 2.6 miles from Marbles Kids Museum and a 10-minute drive from Lake Johnson Park.

Rooms sleep up to 5 and include en suite bathrooms and flat-screen TVs with premium cable or satellite channels, plus microwaves, minifridges and coffeemakers. There's free WiFi in every room and kids 17 and under stay free with an adult.

Amenities include a complimentary continental breakfast served in a casual dining area and free parking.

Investment Highlights

  • Fee simple interest in the 68-unit Super 8 by Wyndham Raleigh Downtown
  • Offered unencumbered of management and debt
  • Strategically located and easily accessible directly off Interstate 40

Exclusively Listed By

Listing Price: $4,650,000

Cap Rate
8.77%
Number of Rooms
68
RevPAR
$44
Gross SF
25,332
Price/Room
$68,382
RRM
4.29
Price/Gross SF
$183.56
Year Built
1986

Investment Highlights

  • Fee simple interest in the 68-unit Super 8 by Wyndham Raleigh Downtown
  • Offered unencumbered of management and debt
  • Strategically located and easily accessible directly off Interstate 40

Investment Overview

Conveniently located off I-40, our hotel, near North Carolina State University, is just 30 minutes from Durham.

Adjacent to Interstate 40, this simple budget hotel is a 5-minute drive from North Carolina State University, 2.6 miles from Marbles Kids Museum and a 10-minute drive from Lake Johnson Park.

Rooms sleep up to 5 and include en suite bathrooms and flat-screen TVs with premium cable or satellite channels, plus microwaves, minifridges and coffeemakers. There's free WiFi in every room and kids 17 and under stay free with an adult.

Amenities include a complimentary continental breakfast served in a casual dining area and free parking.

Exclusively Listed By

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