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Listed by:

Hotel Brokers Of America

Broker license number: CA 01717362

Doubletree 166-key Hotel In Rocky Mount, NC For Sale

Rocky Mount, North Carolina, US
Asking Price:
$15,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Undisclosed
Cash Flow:
$1,333,704

$15,000,000 DoubleTree by Hilton in Rocky Mount, NC featuring 166 rooms, $1,333,704 NOI, and a 6.28% cap rate. Priced at approximately $115,361 per key, this four-story full-service hotel is positioned along the high-traffic I-95 corridor with strong corporate, sports, and leisure demand.

Conveniently located near US-64 and I-95, the hotel serves travelers along the New York to Florida corridor and those en route to the Outer Banks. Major corporate demand drivers include Pfizer, Cummins, CSX, Crump Naturals, and UNC Health Care. The property also benefits from proximity to the Rocky Mount Event Center, Rocky Mount Sports Complex, Nash County Sports Complex, NC Wesleyan University, and the revitalized Rocky Mount Mills district.

The hotel offers a full suite of amenities including an onsite restaurant, meeting facilities, business center, outdoor pool, fitness center, EV charging stations, premium free WiFi, free parking, laundry facilities, and a sundries shop. With 63.43% occupancy and a stable regional economy supported by manufacturing, healthcare, logistics, and sports tourism, the property presents a strong cash flowing investment in an evolving and growing market.

Rocky Mount continues to experience redevelopment and infrastructure investment, including significant downtown revitalization and industrial park expansion. The city’s balanced mix of business travel, sports tourism, and leisure visitation supports year-round occupancy and long-term growth potential.

Property Information

Real Estate:

Real Property Included

Location:

Located near US-64 and I-95 in Rocky Mount, North Carolina, along a major north-south travel corridor with access to corporate employers, sports complexes, downtown redevelopment, and leisure attractions.

Premises Details:

Four-story, 166-room DoubleTree by Hilton built in 1986, offering an onsite restaurant, meeting space, business center, outdoor pool, fitness center, EV charging stations, free parking, laundry facilities, and sundries shop.

Size in square feet:
98,831
Planning Consent:

Approved for hospitality hotel operations.

Business Operation

Expansion Potential:

Opportunity to grow ADR and occupancy through enhanced revenue management, group and sports bookings, and continued downtown and industrial redevelopment in the region.

Competition / Market:

Competes with other branded full-service and select-service hotels serving I-95 travelers, corporate accounts, and regional sports tourism in the Rocky Mount market.

Trading hours:

Open 24 hours per day, 7 days per week.

Years established:
40 Years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Subject to Hilton brand approval and franchise agreement terms.

Other Information

Support & training:

Brand transition and onboarding support available through Hilton; seller to provide reasonable handover assistance.

Listed by

Hotel Brokers Of America

Broker license number: CA 01717362