South Slope Boutique Hotel Development Project
42-50 Coller Ave Asheville, NC 28801
$5,000,000
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Franchise
Independent
Room Count
50
Year Built
Lot Size
0.46 Acres
Key Highlights
Prime location in Asheville’s South Slope nieghborhood, a walkable neighborhood with breweries, restaurants, boutique retail, bars, and entertainment venues
Pratt & Whitney, a Raytheon Technologies subsidiary, is investing $650 million in a 1.2 million-square-foot aircraft component plant in Buncombe County, creating 800 new jobs and adding an estimated $54 million in annual payroll to the local economy
Harrah’s Cherokee Center - Asheville, a premier event venue, hosts concerts, sporting events, and conventions, bringing additional foot traffic and tourism to the downtown area
Biltmore Estate, located 3.5 miles south, draws 1.4 million visitors annually with year-round tours, a winery, and seasonal events
Tourism is a key economic driver, supporting 27,000 jobs and generating $2.6 billion in visitor spending (up 18% from 2019)
Also known as the South Slope Brewing District, is home to some of Asheville’s most popular breweries
Contact an Agent
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Jack Davis
Sr Vice President
Charleston, SC
SC-92795 NC-LC896
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Joce Messinger
First Vice President
Charleston, SC
SC-80481 NC-LC810 GA-375018
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