Clarion Pointe - Raleigh / Durham
Amazing Opportunity for Owner Operator to acquire great assets well below replacement cost in RTP
Marketing description
Prime Source Properties is pleased to present the exclusive offering of the Clarion Pointe, a 91-room hotel located at 4507 NC-55 in Durham, North Carolina. Strategically positioned in the heart of the Research Triangle, the Hotel is surrounded by top-tier demand drivers, including Research Triangle Park (RTP), Duke University, Duke University Hospital, UNC-Chapel Hill, and Raleigh-Durham International Airport (RDU).
The Property underwent a comprehensive renovation and opened as a Clarion Pointe in October 2024, aligning with Choice Hotels’ upper-midscale brand standards. The Hotel delivers a curated guest experience with upgraded amenities and a modern design at a value-oriented price point. With significant capital investment already completed, the asset is well-positioned for a new owner to stabilize operations and drive top-line growth. Minimal near-term PIP is anticipated, allowing the focus to remain on ramping up performance and capturing market share.
The Property is being offered unencumbered by management, presenting an ideal opportunity for owner-operators and regional groups to acquire a refreshed, professionally branded hotel in one of the Southeast’s most dynamic and supply-constrained markets. With a prime location, strong market fundamentals, and clear upside through operational and revenue optimization, the Clarion Pointe represents a compelling value-add opportunity.
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Investment highlights
Fully Renovated and opened as Clarion Pointe in October 2024, Offering a Turnkey Opportunity for a New Owner to Stabilize and Ramp Up Performance
Strategically Located Along NC-55 with Direct Access to I-40, NC-147, and RDU International Airport
Surrounded by High-Impact Demand Drivers Including Research Triangle Park (RTP), Duke University, and UNC-Chapel Hill
Less Than 10 Minutes from Duke University Hospital and RDU Airport—Two of the Region’s Largest and Most Reliable Lodging Demand Sources
Located Within the Raleigh-Durham-Cary MSA, One of the Southeast’s Fastest-Growing and Most Economically Diverse Markets
Offered Unencumbered by Management, Allowing a New Owner to Stabilize the Asset Through Operational Efficiencies and Strategic Revenue Management
Affiliated with Clarion Pointe by Choice Hotels, an Upper-Midscale Brand with Broad Distribution, Loyalty Integration, and Nationwide Recognition
91 Keys Featuring Contemporary Guest Experience Amenities Including Fitness Center, Business Center, Breakfast Bar, Flexible Meeting Space, and an Additional Apartment Unit
Excellent Visibility and Access from NC-55, With Nearby Retail, Dining, and Office Parks Supporting Consistent Transient and Extended-Stay Demand
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