Investment Summary

• Mazili Hotel Group is pleased to offer the fee simple of this upscale select service aloft by Marriott. The asset was built in 2020 and consists of 128 rooms and suites. Hotel represents one the newest upscale lodging facilities in the area. The hotel blends sleek design, modern style and technology for the savvy traveler, with artfully designed loft-inspired rooms with ultra-comfortable signature beds. The onsite Re:mix lounge, featuring scheduled live music, signature craft cocktails and tasty bites at WXYZ bar.
• The property is located near I-77 leading to Downtown Charlotte and within minutes to Lake Norman the largest lake in North Carolina. The Asset presents itself as a great investment opportunity for investors looking at growing their portfolio with a solid Boutique premium branded hotel under the Marriot Group franchise. Mooresville, NC is a Submarket of Charlotte, NC -Mooresville has a diverse business base including 450_ manufacturers, the headquarter of Lowe’s Companies, Inc., a fortune 500 company, three hospitals with a network of over 340 physicians, and minutes from Lake Norman.

The Opportunity

• Management & Debt: The Asset is offered unencumbered by debt and management The Franchise: The hotel is under a franchise agreement with Marriott International. Marriott Franchise is one of the leading hotel franchises in the world with over 5000 properties worldwide and over 100 million rewards members. Property Improvement Plan: The Asset was opened in 2020, and we do not expect a PIP at the time. The Brand: Aloft Hotels is open in space and spirit. Fresh, purposeful environments and vibrant spaces that bring people together. The next generation of hotel, using technology and design to enhance experiences and move at the pace of the guests.