Super 8


[Currently Under Contract]

Address :
735 Outlet Center Dr
Smithfield, NC 27577

  •  Great location on Interstate 95, Exit 95 at Smithfield NC’s premier lodging exit.
  •  Adjacent to the Famous “Carolina Premium Outlets” of Smithfield
  •  80-unit, limited-service, national franchise property
  •  Positive trends in revenue and occupancy
  •  Superior visibility and access near F&B and shopping
  •  2 story interior corridor design with indoor swimming pool
  •  Priced well below replacement cost at $61,250 per unit
  •  Current owner recently completed the Innov8te Property Improvement Plan from Wyndham Hotels.
  •  The hotel is being offered subject to the existing franchise. Super 8 is expected to grant a standard license agreement upon the completion of a Product Improvement Plan (PIP).
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  •  Johnston County’s population of 178,396 has grown by 1.7% since 2010.
  •  Smithfield and Johnston County are part of the Raleigh-Durham-Cary Combined Statistical Area, which is home to over 2 million people.
  •  Adjacent to Carolina Premium Outlets
  •  Less than 50 miles from Raleigh-Durham International Airport
  •  Close to Regional Demand Generators, Including...
    •  1.1 Miles to Johnston Community College and the Paul A. Johnston Auditorium
    •  1.6 Miles to Ava Gardner Museum
    •  1.6 Miles to UNC-Health - Johnston Health Hospital
    •  3.2 Miles to American Music Jubilee at Rudy Theatre
    •  16 Miles to Benson Singing Grove, Home to Benson State Singing Convention & Benson Mule Days
    •  17 Miles to Southern National Motorsports Park
    •  21 Miles to GALOT Motorsports Park
  •  80 Rooms
  •  Continental Breakfast Area (Seats 30)
  •  Business Center
  •  Guest Laundry
  •  Indoor, Heated Pool
  •  Wireless Internet
  •  2 Stories
  •  Interior Corridors
  •  Wood Frame Structure
  •  Brick and Vinyl Facade
  •  Pitched Roof with Asphalt Shingles
  •  Asphalt Parking Lot
  •  Built 1998
T-12Mos 6/18
Average Daily Rate
Room Revenue
Net Operating Income
Operating Statistics, which include ADR, Occupancy and Room Revenue, were taken directly from the subject's data as reported to STR, and do not include sales/occupancy & use taxes
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!