HAMPTON INN RALEIGH CAPITAL BLVD

INVESTMENT OVERVIEW

Hunter | Havericak | Altman Hotel Group has been exclusively retained to offer for sale the fee simple interest in the 131-room Hampton Inn Raleigh-Capital Boulevard North located in Raleigh, North Carolina. It is a 5-story property built-in 1999 located just south of Interstate 540 off Capital Boulevard in Northeast Raleigh. Hampton Inn Raleigh-Capital Boulevard North saw positive-trending RevPAR entering the COVID-19 pandemic, as well as in recent months as the hotel recovers. A new owner will have the opportunity to acquire a limited-service Hilton hotel with the potential to realize significant RevPAR growth following the completion of the property improvement plan and through hands-on management and utilization of the Hilton name, reservation system, and loyal base of guests in a rapidly expanding market.

INVESTMENT HIGHLIGHTS

• +/- 21.05 Raleigh CSA Population Growth from 2010-2020; 2nd Fastest in the US
• Apple and Google Entering the Raleigh CSA with Major, High-Profile Facilities
• The Research Triangle is One of the Fastest Growing Markets in the US
• Home to Research Triangle Park (RTP), the Largest Planned Research Park in the US
• +/- 5.95% Average Raleigh-Durham RevPAR Growth in the 2 Years Pre-COVID-19
• 10 Consecutive Years of RevPAR Growth Pre-COVID-19 in the Raleigh-Durham Market
• Only 195 New Hotel Rooms Introduced to the Raleigh-Durham Market in 2019