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Residence Inn

Charlotte MSA
$11,950,000
Residence Inn
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The information contained on this website is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap (including Marcus & Millichap Real Estate Investment Services, Inc. and its affiliated entities and subsidiaries) and distribution to any other person or entity without the express written consent of Marcus & Millichap is strictly prohibited for a period of one calendar year (12-months) immediately following the date of this agreement. This website provides summary, unverified information to prospective purchasers, and has been prepared to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. Marcus & Millichap has not made any investigation, and makes no representation or warranty, that the information on this website has not changed since it was originally prepared and posted. The information contained on this website has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

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Franchise
Marriott
Room Count
78
Year Built
2002
Lot Size
2.08 Acres
Key Highlights
Fee simple interest in the 78-suite Residence Inn Located in Cornelius, North Carolina
Ideally located off Interstate-77 presenting high visibility and seamless access to Charlotte and surrounding areas
Thriving Lake Norman submarket which has experienced significant growth and development from strong corporate demand and proximity to Charlotte’s expanding economy
Walking distance to Birkdale Village, a high-end, mixed-use development with retail, dining, and entertainment
Less than 1 mile to Lake Norman, a popular destination attracting leisure visitors year-round to enjoy boating, fishing, and outdoor activities on 520 miles of shoreline
Novant Health Huntersville Medical Center (2 miles), just completed a $50M expansion to build a new patient tower bringing the hospital's capacity to 139 beds

Contact an Agent

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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Jack Davis
Senior Managing Director Investments
Charleston, SC
SC-92795 NC-LC896
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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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