Clarion Hotel Fayetteville, NC

Listing Agents

Omari Head
T | 410.406.7259
ohead@paramountlodging.com

Brent Clemens
T | 312.402.2959
bclemens@paramountlodging.com

Detailed Information
Property Highlights
  • Fee simple interest in the lender owned 198-room Clarion Hotel offered at a substantial discount to replacement cost
  • REO sale via the February 16th auction event with Ten-X
  • Property is unencumbered of brand and management allowing buyers to pursue branding of their choice or potential alternative use
  • Asset is situated on 10-acre parcel allowing for longer-term redevelopment potential and investor land bank adjacent to heavily trafficked I-95 corridor
  • Approximately $1.1MM in renovation work completed in 2020 – including a new roof, landscaping, and parking lot repair
  • Current zoning of ‘Community Commercial’ allows for diverse range of re-adaptive use
  • Readily accessible via Interstate-95 with upwards of 100,000 vehicles passing the location daily
  • Situated less than 10 miles from all core regional leisure demand including Downtown Fayetteville, Segra Stadium, Crown Complex, Airborne and Special Operations Museum
  • Proximate to all regional demand generators including Fort Bragg, Fayetteville Technical, Community College, and Cape Fear Valley Health System
Location