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29959966
29959967

2551 Smokey Park Hwy, Candler, NC 28715

DG
FL SL3140783
Cushman & Wakefield - Boca Raton, Florida
CP
FL SL3412249
Cushman & Wakefield - Boca Raton, Florida
RR
SC 131702, NC 344347 (+2)
Cushman & Wakefield Thalhimer - Charleston, South Carolina
Listed by Cushman & Wakefield - Boca Raton, Florida, Cushman & Wakefield Thalhimer - Charleston, South Carolina
$4,750,000
82 days on market
Updated 78 days ago

Days Inn by Wyndham Asheville West

Details
APN 8687-32-1924-00000
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 39,865
Keys 116
Price per SqFt $119
Year Built 1972
Year Renovated 2005
Buildings 1
Stories 3
Acreage 3.450
Zoning OU, Open Use

Hospitality | 116 Keys

Marketing description

Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 116-room Days Inn by Wyndham, located in Candler, North Carolina. The property is a three-story, limited-service hotel strategically positioned along Interstate-40 within the high-demand Asheville MSA. The hotel benefits from immediate interstate visibility and convenient access to downtown Asheville, the renowned Biltmore Estate, and the iconic Blue Ridge Parkway—key drivers of strong year-round leisure visitation. The property is well-positioned to capture demand from leisure travelers, outdoor recreation visitors, group and tour business, and transient interstate traffic. The Days Inn by Wyndham Asheville West offers investors the opportunity to acquire a 116-room property in a growing market with upside potential.

Investment highlights

  • 5 Year Room Revenue average (2021-2025)

    • $1,390,776

    • 3.41x Room Revenue Multiple off 5 year average.

  • Potential upbranding flags available. (Quality Inn by Choice Offering Key Money)

  • First time hotel buyer opportunity.

  • Ideal owner-operator acquisition opportunity.

  • The entire parking lot was demoed and replaced in 2022.

  • All roof runs (TPO) replaced 2015, 2019, 2023

  • The property had the Wi-Fi upgraded in 2024

  • Security cameras upgraded about 5 years ago

  • New Drapes & Drapery Rods in all rooms

  • Carpet replaced in 78 rooms. 33 Rooms have plank flooring. Materials on site to re-carpet five remaining rooms to be flooring compliant for PIP

  • Hotel was built with 122 rooms. There are currently 116 operating/rentable rooms.

    Additional Rooms:

    • (1) room is used as storage.

    • Two manager suites: (1) 3 room apartment and (1) 2 room apartment.

  • Opportunity to enhance RevPAR through improved revenue management, targeted local marketing, and potential light renovations or amenity upgrades.

  • Positioned to capture year-round demand from tourists visiting Asheville’s outdoor recreation, breweries, and mountain attractions, as well as transient highway travelers.

  • Tremendous accessibility and visibility from Smokey Park Highway.

  • Positioned near major roadways, capturing transient demand from road travelers, families, and budget‑conscious leisure guests

  • The section of Interstate-40 closest to the property has an Average Annual Daily Traffic (AADT) count of approximately 47,800 vehicles per day.

Listing Contacts

DG
FL SL3140783
Cushman & Wakefield - Boca Raton, Florida
CP
FL SL3412249
Cushman & Wakefield - Boca Raton, Florida
RR
SC 131702, NC 344347 (+2)
Cushman & Wakefield Thalhimer - Charleston, South Carolina
Listed by Cushman & Wakefield - Boca Raton, Florida, Cushman & Wakefield Thalhimer - Charleston, South Carolina

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