1075 Highway 105 | Boone, NC 28607
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- LoopNet Team
1075 Highway 105
Boone, NC 28607
Holiday Inn Boone - University Area · Hospitality Property For Sale · 56,558 SF
Investment Highlights
- Fully renovated, full-service, upper-midscale Holiday Inn well situated less than one mile to Appalachian State University.
- A $4.8 million renovation was started in 2018 and completed in May 2019, rebranding and repositioning the hotel as a Holiday Inn by IHG.
- Rebranding has led to a RevPAR increase of $27 with impressive growth during COVID-19.
- Offered unencumbered by a management agreement and unencumbered by existing debt.
- Amenities include an on-site restaurant and lounge, indoor pool and whirlpool spa, fitness center, business center, guest laundry, and more.
- Located in a dynamic year-round lodging market thriving with tourism supported by a variety of popular regional outdoor attractions.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 56,558 SF |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | B | Year Built/Renovated | 1987/1991 |
| Lot Size | 2.11 AC | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.11 AC |
| Building Size | 56,558 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1987/1991 |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 2910-13-8596-000 | Improvements Assessment | $8,520,767 |
| Land Assessment | $2,281,457 | Total Assessment | $10,802,223 |
PROPERTY TAXES
Parcel Number
2910-13-8596-000
Land Assessment
$2,281,457
Improvements Assessment
$8,520,767
Total Assessment
$10,802,223
zoning
| Zoning Code | B-3 (General Business District) |
| B-3 (General Business District) |
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