HOLIDAY INN EXPRESS & SUITES MARION

INVESTMENT OVERVIEW

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 70-room Holiday Inn Express & Suites located in Marion, North Carolina. The hotel is a four-story property opened in December 2019 and located just off Interstate 40.
In 2023, the owner took over day-to-day operations from the in-place management company and re-tooled the revenue management strategy with a, “think outside of the local market”, approach and at the same time began a targeted advertising campaign to ensure that he was able to target the right clientele enabling the hotel to increase RevPAR.
Holiday Inn Express & Suites Marion provides the opportunity for a new owner to acquire a high-performing, select-service IHG hotel with potential to realize significant RevPAR growth through hands-on management, continued strategic marketing and utilization of the IHG name, reservation system, and loyal base of guests.

INVESTMENT HIGHLIGHTS

• +/- 12.85% CAP Rate (September 2025 T-12 NOI)
• Historically Strong NOI
• Positive Trending RevPAR for Both Subject Property and Competitive Set
• Property is Located Just off I-40 Between Charlotte and Asheville, NC
• Proximate to Blue Ridge Parkway, Dodge Industrial Inc., Mission Hospital McDowell, Lake James State Park, and More