Loyalty Inn – Charlotte NC – Land for sale

Property Description

Loyalty Inn in Charlotte, NC being offered for sale. Currently running as a 99 room hotel, approved for 106 multi family studios. The property sits on a 3.54 acres, right off I-85. Charlotte’s strategic location on the East Coast makes it a hub for transportation and logistics. The city has a well-developed infrastructure, including major highways, railroads, and the Charlotte Douglas International Airport, one of the busiest airports in the country. The property is located just 4 miles from Charlotte Douglas International Airport. The property is two story, exterior corridor, built in 1973 with large 312 SF rooms, providing new owner the opportunity to add full kitchenettes. Amenities include a 250 SF meeting room, guest laundry room, fitness room and outdoor pool. Charlotte Regional Business Alliance reports show 2.2B capital investments coming to the area confirming continued growth in Mecklenburg county. Charlotte is one of the fastest-growing cities in the United States. The city has a robust and diverse economy, driven by sectors such as finance, healthcare, energy, and technology. It is the second-largest banking center in the U.S., home to major financial institutions like Bank of America and Wells Fargo. Charlotte boasts a highly educated and skilled workforce, thanks in part to the presence of several universities and colleges, including the University of North Carolina at Charlotte. Seller may consider holding a small note or lease option to purchase scenario.

Area Description

9 rooms (106 total – additional 7 rooms can be converted from existing spaces) Exterior Corridor Built in 1973 Right off I-85 exit 34 Outdoor pool Large rooms High demand for affordable housing 4 miles from Aviation Museum 4 miles from Truist Field 4 miles from Convention Center 4 miles from Charlotte Douglas International Airport

Highlights

99 rooms – 106 total as additional space can be converted to 7 rooms
Exterior Corridor
Right off I-85 exit 34
Outdoor pool
Large rooms
High growth area
4 miles from Aviation Museum
4 miles from Truist Field
4 miles from Convention Center
4 miles from Charlotte Douglas International Airport

Charlotte Jones
(239) 821-3178
charlottejonesdk@gmail.com