Holiday Inn Express & Suites Wilmington West - Medical Park
Hospitality | 109 Keys
Marketing description
Cushman & Wakefield’s Hotel Group has been retained to offer for sale the fee simple interest in the 109-room Holiday Inn Express & Suites located in Wilmington, North Carolina. The property is a four-story, limited-service hotel that is conveniently located within close proximity to Wellington Avenue, Shipyard Boulevard, and Carolina Beach Road - three main thoroughfares that provide ease of access to commuters. The property’s proximity to beaches, cultural attractions, and recreational activities help draw in a diverse clientele including healthcare professionals, business travelers, and families, among others. Additionally, the property benefits from strong brand recognition with a reputable flag, ultimately helping drive customer trust and repeat business. The Holiday Inn Express & Suites Wilmington West - Medical Park offers investors the opportunity to acquire a 109-room property in a desirable and growing market.
Investment highlights
2019-Built, Interior-Corridor
Holiday Inn Express & Suites By IHG Is A Highly Desirable Flag By Both Investors And Consumers Alike
Per the August 2024 STR Report, This Hotel Is Outperforming Its Competitive Set In Terms Of Occupancy, ADR, And RevPAR
Proximity To Beaches, Cultural Attractions, And Recreational Activities Draws In Leisure Travelers, Especially During Peak Tourist Seasons
The Property’s Proximity To Nearby Medical Facilities Offers Stability And Resilience, Especially During Economic Downturns, Ensuring Steady Demand For Accommodations
The Combination Of A Strong Brand, Desirable Location, And Diverse Clientele Makes The Property A Compelling Option For Long-Term Investment
Located Within Close Proximity To Wellington Avenue And Carolina Beach Road, Providing Ease Of Access And Displaying Excellent Signage To Commuters
The Section Of Carolina Beach Road & Medical Center Drive Closest To The Property Has An Average Annual Daily Traffic (AADT) Count Of Approximately 35,700 Vehicles Per Day
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