Four Points by Sheraton Charlotte Pineville — Sale in Pineville, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Pineville, NC 28314
  • Year built: 2001

Photos

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Investment Figures

Cap rate
6.79%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer for sale the fee-simple interest in the 85-room Four Points by Sheraton Charlotte–Pineville. The five-story, interior-corridor property features a collection of well-maintained guest rooms and suites. The Marriott-affiliated hotel is ideally positioned near I-485 in the South Charlotte market. Located near Ballantyne, Atrium Health Pineville, Carolina Place Mall and Carowinds, the property benefits from a diversified base of corporate, healthcare, retail and leisure demand. Its Marriott affiliation, interstate connectivity and proximity to both established and expanding demand generators position the Four Points to accommodate weekday business travelers and weekend leisure guests throughout the Charlotte MSA. Investment Highlights: • Fee simple interest in the 85-unit, five-story, interior corridor Four Points by Sheraton located in Charlotte-Pineville • Adjacent to Atrium Health Pineville, ranked #5 in Charlotte with 235 beds serving as the area's primary demand generators • Directly off I-485 with convenient access to I-77, providing high visibility and ease of accessibility to Charlotte's main demand generator • Approximately 5 miles from Ballantyne, which features of Charlotte's main corporate centers with 4M+ SF of class A office space and the new mixed-use project: The Bowl at Ballantyne • Multiple conversion opportunities available (contact agent)

Market Context

This hospitality in Pineville, NC is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 2001. Compare it against other hospitality listings for sale in Pineville, NC — view the full market.

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