Hotel AG Lists Quality Inn-Forest City, North Carolina
Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Quality Inn, a limited-service hotel located in Forest City, North Carolina.
The Quality Inn Forest City is a 65-room, limited service hotel located at 205 Commercial Drive, Forest City, North Carolina 28043. The property is conveniently located off the Highway 74 Bypass. The Quality Inn hotel is ideally located in the foothills of the beautiful Blue Ridge Mountains. The hotel is minutes from area attractions like the Green River Plantation, Lake Lure, Chimney Rock Park and Shakespeare's Globe Theatre in America Visitors' Center. Isothermal Community College, the Genealogical Society of Old Tryon County, NC library and the Tri-City Mall are walking distance from the hotel. The Greenville-Spartanburg International Airport, the Asheville Regional Airport and the Charlotte Douglas International Airport are all about an hour away. The Quality Inn is located 5 miles from the new $450 million Facebook data center that opened on April 20, 2012.
The Quality Inn Forest City is a two-story, exterior corridor, limited service hotel originally constructed in 1990. The Hotel is comprised of one, two-story building containing a front desk office, lobby area, guest laundry facilities, and 65 guestrooms complete with mini-refrigerators and microwave ovens. The Hotel offers free high-speed Internet access in all public areas and guestrooms. The Property is situated on approximately 2.68 acres.
- Seller Financing
- Actual 2011 NOI - $208,432 (31.0%)
- Occupancy, ADR and RevPAR are trending up strongly
- Excellent physical condition and recipient of Exceptional rating from Quality Inn franchise inspection
- Located 5 miles from the new $450 million Facebook data center that opened on April 20, 2012