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Businesses For Sale   >>   Charlotte Businesses For Sale   

Outstanding Hotel, I-85 Near Airport

Location  Charlotte, North Carolina, United States
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  Available

Description  
The Hotel is well-located in Charlotte, NC near the airport and is in excellent condition and well maintained. The Hotel is non-smoking. Current ownership has invested over $1,500,000 (>$18,750 per guest room) since acquisition to thoroughly renovate and enhance the Hotel, continuing to make capital investments. The Hotel demonstrates strong and strengthening cash flow. The Hotel benefits from a high-traffic location along I-85. The locational attributes will improve dramatically given the reconfiguration of traffic feeding into Charlotte Douglas International Airport. Hotel is proximate to Uptown Charlotte, many employment centers and companies. This Hotel represents an outstanding investment opportunity due to its location along heavily traveled Interstate 85, Charlotte Douglas International Airport and proximity to the City of Charlotte, approximately six miles. Offered at $8.5M. Buyer statement IS required to receive information on this property. Contact County South Business Brokers at 704-821-8888 and mention listing # MT09783.


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