CHARLOTTE, North Carolina—JLL’s Accommodations & Hospitality Group introduced the completion of a two-property, 184-room lodge portfolio sale in Salisbury, North Carolina. BPR Properties offered each the Courtyard by Marriott Salisbury and Vacation Inn Specific & Suites Salisbury in separate transactions.
The adjoining properties are positioned alongside Interstate 85 in Salisbury, North Carolina. The Courtyard Salisbury contains 94 guestrooms in a four-story constructing that opened in 2013 and not too long ago underwent intensive renovations. The Vacation Inn Specific & Suites Salisbury gives 90 guestrooms in a four-story constructing that opened in 2017.
All visitor rooms have particular person local weather management, devoted workspaces, coffeemakers, flat-screen televisions, mini-refrigerators, and hair dryers. The Courtyard operates The Bistro restaurant serving American delicacies and Starbucks espresso, whereas the Vacation Inn Specific supplies complimentary breakfast service.
The properties provide a mixed 1,950 sq. toes of assembly and convention house. Shared facilities throughout each motels embrace health facilities, indoor swimming pools, complimentary parking and Wi-Fi, enterprise facilities, and visitor laundry amenities.
Salisbury advantages from its inclusion within the Charlotte Metropolitan Statistical Space. Town’s location alongside the Interstate 85 hall supplies entry to main city facilities. Charlotte lies roughly 45 miles southwest, whereas Winston-Salem, residence to Wake Forest College, sits lower than 40 miles northeast.
The JLL Accommodations & Hospitality group that represented the vendor was led by Senior Director John Testerman and Senior Affiliate Alex Payne.
“Salisbury’s numerous financial base, anchored by healthcare, company headquarters, and academic establishments, supplies steady demand drivers that help constant lodge efficiency,” mentioned Testerman. “The unencumbered nature of those property permits new possession to maximise operational synergies and implement strategic income administration initiatives at a horny foundation relative to alternative price.”
