Wingate Matthews — Sale in Matthews, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Matthews, NC 28105

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Investment Figures

Cap rate
8.01%

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 present the opportunity to acquire the 73-unit Wingate by Wyndham, strategically located in Matthews, North Carolina, within the Charlotte metropolitan area. Positioned near the intersection of I-485 and US-74, the property benefits from strong regional accessibility and convenient connectivity throughout southeast Charlotte and the broader metro. The hotel is surrounded by an established mix of healthcare, corporate, education, sports, retail and residential demand generators within one of the Charlotte area’s most desirable suburban communities. Matthews combines a strong local employment base with continued development and proximity to the broader economic drivers of the Charlotte region. The Wingate offers investors the opportunity to acquire a nationally branded hotel in an established suburban market with excellent highway access, diverse lodging demand and long-term exposure to the continued expansion of the Charlotte metropolitan area. Investment Highlights: • Fee simple interest in the 73-unit Wingate by Wyndham located in Matthews, North Carolina within the high-growth Charlotte MSA • Prime location at the I-485/US-74 interchange, benefiting from 97,500 VOPD and exceptional regional connectivity • 3.5 miles to Novant Health Matthews, a 177-bed medical facility which serves as the town's largest employer • Adjacent to Atrium Health Union West, a hospital, emergency department, and specialty service center with 40 patient beds • 2.5 miles to Sportsplex at Matthews, a premier sports facility with 11 fields and capacity for 5,000 people

Market Context

This hospitality in Matthews, NC is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing hospitality assets. Compare it against other hospitality listings for sale in Matthews, NC — view the full market.

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