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Property Available
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Property Under Contract
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Recent Transaction
Marcus & Millichap is pleased to offer for sale a fee simple interest in the 85-unit, Four Points by Sheraton Charlotte Pineville. The interiorcorridor property features five floors of well-maintained guest rooms. Premium amenities at the hotel include an outdoor swimming pool and ameeting room facility. Common area amenities available to guests are complimentary breakfast, fitness center, business center, free on-siteparking, guest-laundry facilities, shared TV and lounge area, 24-hour front desk, and an on-site convenience store. Each guest room is equippedwith free Wi-Fi, flat-screen TVs, minifridge, microwave, in-room coffee & tea maker, desk with chair, private bathroom, and seating area.
The Four Points is ideally located off I-485 with close proximity to all demand generators and downtown Charlotte, 13 miles away. Nearby demandgenerators include Carowinds Amusement Park, 5 miles away, Ballantyne Corporate Park, 5 miles away, and Carolina Place Mall, 0.5 miles away.Carowinds, a 398-acre amusement park, is located on the border of North and South Carolina, and attracts nearly 2 million visitors annually.Downtown Charlotte boasts lively entertainment, multiple universities, medical centers, professional sports team, and much more. The metro ishome to 6 Fortune 500 headquarters such as Bank of America along with many other businesses. Charlotte Douglas International Airport, 15 milesaway, is ranked in the top 10 airports in the world, with service from 11 major airlines and over 700 flights daily. Among Charlotte’s many notableattractions, some of the most popular include the Carolina Panthers (NFL), the Charlotte Hornets (NBA), the NASCAR All-Star Race, the Wells FargoChampionship, the NASCAR Hall of Fame, the Charlotte Ballet, Children’s Theatre of Charlotte, and the U.S. National Whitewater Center. There arenearly 40 colleges and universities within 25 miles of Charlotte, North Carolina. Two major medical centers are located nearby, Piedmont Medical Center located in Rockhill with 288 bed, and Atrium Health Pineville, with 235 beds. These two medical centers each bring in more than 1 billionin patient revenues. The Ballantyne Corporate Park, 5 miles away, offers a 535-acre mixed use facility featuring corporate office space.
INVESTMENT HIGHLIGHTS
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