Quality Inn - Auction


Address :
205 Commercial Dr.
Forest City, NC 28043


  •  AUCTION at TEN-X.COM September 9 – 11, 2019
          Showing dates: 9/4 and 9/9/19
  •  65-Unit, limited-service property with strong national franchise
  •  Ideal property for first-time owner/operator
  •  Property fully renovated in 2018 with all new hard/soft goods, new roof and parking lot resurfacing
  •  Very limited renovations required
  •  Great visibility from major US highway
    View Map    View Aerial
  •  Situated in a thermal band in the foothills of western North Carolina, Forest City enjoys milder temperatures than the surrounding areas.
  •  Rutherford County is home to over 66,500 people.
  •  Equidistant from Charlotte and Asheville, North Carolina and Greenville, South Carolina
  •  Well located to region’s many demand generators
  •  Close to Regional Demand Generators:
    •  1.9 Miles to Isothermal Community College
    •  4.7 Miles to Facebook Data Center
    •  5.9 Miles to Rutherford Regional Medical Center
    •  10 Miles to Harris Speedway
    •  27 Miles to Chimney Rock State Park
    •  60 Miles to Charlotte Douglas International Airport
  •  1 Building, 2 Stories
  •  Exterior Corridors
  •  Concrete Construction
  •  Flat Built-Up Roof (New in 2017) With Standing Seam Metal Mansard
  •  Asphalt Parking Lot (New in 2017)
  •  Complimentary Breakfast Room (Seats 20)
  •  Guest Laundry
  •  Business Center
  •  Seasonal Outdoor Pool
  •  Wireless Internet
  •  ±2.677 Acres
  •  Built 1990
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2017
2018
T-12Mos 7/19
Occupancy
38.81%
63.87%
62.20%
Average Daily Rate
$69.26
$66.09
$63.28
RevPar
$26.88
$42.21
$39.36
Room Revenue
$321,526
$1,001,510
$933,905
Net Operating Income
$74,670
$506,089
N/A
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!