407 National Highway, Thomasville, NC 27360
sale
$2,500,000
|
Other
Courtesy Of ARC REAL ESTATE LLC
Investment Opportunity for an Investor. The 50 Unit Hotel is currently operated on a weekly basis at fifty percent occupancy. This investment comes with 2 Hotel Buildings and a Commercial Retail Building. The Commercial Building has 3 rented out units, with one of the units being a Restaurant. Enjoy a current 16% Cap Rate with a Pro Forma rate of 25% with a great vision and Business Plan.
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Property Features
- Exterior Type: Brick
- Exterior Type: Stone
- Floor Covering: Tile
- Heating System: Electric (Heating)
- Heating System: Hot Water(Heating)
- Heating System: Forced Air
- MLSID: 11684011
- Rooms: Bathroom 50
- Rooms: Bathroom 52
- Rooms: Bathroom 51
- Rooms: Bathroom 14
- Rooms: Bathroom 13
- Rooms: Bathroom 16
- Rooms: Bathroom 15
- Rooms: Bathroom 10
- Rooms: Bathroom 53
- Rooms: Bathroom 12
- Rooms: Bathroom 11
- Rooms: Bathroom 18
- Rooms: Bathroom 17
- Rooms: Bathroom 19
- Rooms: Bathroom 25
- Rooms: Bathroom 24
- Rooms: Bathroom 27
- Rooms: Bathroom 26
- Rooms: Bathroom 21
- Rooms: Bathroom 20
- Rooms: Bathroom 23
- Rooms: Bathroom 22
- Rooms: Bathroom 1
- Rooms: Bathroom 29
- Rooms: Bathroom 28
- Rooms: Bathroom 8
- Rooms: Bathroom 9
- Rooms: Bathroom 6
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 30
- Rooms: Bathroom 36
- Rooms: Bathroom 35
- Rooms: Bathroom 38
- Rooms: Bathroom 37
- Rooms: Bathroom 32
- Rooms: Bathroom 31
- Rooms: Bathroom 34
- Rooms: Bathroom 33
- Rooms: Bathroom 39
- Rooms: Bathroom 41
- Rooms: Bathroom 40
- Rooms: Bathroom 47
- Rooms: Bathroom 46
- Rooms: Bathroom 49
- Rooms: Bathroom 48
- Rooms: Bathroom 43
- Rooms: Bathroom 42
- Rooms: Bathroom 45
- Rooms: Bathroom 44
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