Tru by Hilton
117 Alcove Road, ,
Mooresville, NC 28117
 
$17,000,000
Offering Price
$998,000
NOI
5.87%
Cap Rate
5.52
RRM
122
Total Rooms
$139,344
Price Per Key
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$17,000,000
Offering Price
$998,000
NOI
5.87%
Cap Rate
5.52
RRM
122
Total Rooms
$139,344
Price Per Key
Investment Highlioghts
Mazili Hotel Group is pleased to offer the fee simple of this midscale service Tru by Hilton. The asset was built in 2020 and consists of 122 rooms . Featuring a contemporary design across an open floor plan, the Hotel offers a young-at-heart experience synonymous with the Tru brand. Brand-new amenities include a 24/7 market stocked with drinks and gourmet snacks, a highly activated lobby featuring foosball, billiards, other games and a fitness center. 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.
Newly Built in 2020 Excellent Location Vibrant surging brand with Hilton Affiliation Near Major Demand Generators Close proximity to Lake Norman
Excellent Location
The hotel is ideally located near major demand generators including the Largest Lake in NC, Lowe’s Corporate Headquarters, Downtown Charlotte to include the Charlotte Convention center, NASCAR Hall of FAME, Bank of America Panther Stadium, The Spectrum Center and Charlotte Douglas International Airport are all within 30 minutes of the property.
FOR MORE DETAILS CONTACT
Julian Mazili
President
(813) 299-7045
jmazili@mazilihotelgroup.com
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