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Comfort Suites Regency Park Cary

350 Ashville Ave Cary, NC 27518
Market Driven
Comfort Suites Regency Park Cary
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Franchise
Choice Hotels
Room Count
122
Year Built
1999
Lot Size
Key Highlights
Strategic positioning near major thoroughfares including I-40, I-540, and I-440 providing high visibility and direct access to Raleigh, Durham, Chapel Hill, and the broader Southeast region
High barrier to entry location, Cary is one of the faster growing suburbs in the Raleigh-Durham metro
Subject property is offered below replacement costs with significant upside through completing the new ownership PIP, or converting the asset to a premium branded select service (extended stay) hotel
Just steps to the WakeMed Cary Hospital, a 208-bed medical facility serving as the only full service hospital in Cary
Minutes to Research Triangle Park (RTP), the research triangle which connects Raleigh, Chapel Hill, and Durham is home to over 170 companies and 38,000 employees in tech, life sciences, and research & development
Apple has invested $1B for an East Coast hub within the RTP with temporary offices already operating in Cary, the completed project is expected to bring 3,000 high-paying jobs

Contact an Agent

Jack Davis
Senior Managing Director Investments
Charleston, SC
SC-92795 NC-LC896
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Chase Dewese
Senior Director Investments
Charlotte, NC
1001 Sixth Ave., Ste 100 Huntington, WV 25701
NC-293623 WVS-240303513 VA-0225276010
Marcus & Millichap Real Estate Investment Services, Inc., a California corporation
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Joce Messinger
Senior Director Investments
Charleston, SC
SC-80481 NC-LC810 GA-375018
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Ben Yelm
North Carolina and South Carolina Broker of Record
Charleston, SC
151 Meeting Street Suite 450 Charleston, SC 29401
SC-86628 - NC-303785
Marcus & Millichap Real Estate Investment Services of Atlanta, Inc., a Georgia Corporation
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