Compare this hospitality with recorded sales to understand how price, size, age, and location differ.
Compare sold price, price per SF, building and lot size, year built, distance, and closing date with Market Intelligence.
Unlock comparable propertiesAdjust the purchase and financing assumptions to evaluate this property.
Starting assumptions: 30% down, 6% interest, 25-year amortization. Estimates use monthly principal and interest payments; exclude closing costs, taxes on income, capital expenditures, and appreciation. ROI shown is annual cash-on-cash return.
Queen City Grand Hotel is a Upscale Hotel asset located in the Uptown submarket of Charlotte, NC. Offering strong fundamentals and durable cash flow, this sale opportunity is positioned for investors seeking exposure to a growth market.
| Property type | Hospitality |
| Subtype | Upscale Hotel |
| Market status | On market |
| Submarket | Uptown |
| Lot size | Not provided |
| Zoning | UMUD |
| Building area | 210,000 SF |
| Year built | 2016 |
| Property class | B |
| Units / keys | 340 |
| Parking spaces | 525 |
Broker co-op offered
| Tenancy | Not provided |
| Occupancy | 98% |
| Tenant / brand | Not provided |
| Lease structure | Not provided |
| Remaining lease term | Not provided |
| Tenant credit | Not provided |
Parcel, ownership and tax information supplied for this property.
| Parcel / APN | Not provided |
| County / jurisdiction | Not provided |
| Recorded owner | Not provided |
| Legal description | Not provided |
| Assessed value | Not provided |
| Annual property taxes | Not provided |
| Tax year | Not provided |
| Record as of | Not provided |
| Record source | Not provided |
Public records have not been supplied for this listing. Request the parcel record and current tax bill from the listing broker.
Listing publication date; not a sale or transfer.
Source: CREvista listing recordPrior sales, transfers, price changes and renovation records have not been supplied. Contact the broker for the property's historical records.
| INCOME COMPONENT | ANNUAL AMOUNT |
|---|---|
| Estimated Gross Scheduled Income | $7,916,418 |
| Estimated Operating Expenses | ($2,612,418) |
| Net Operating Income (NOI) | $5,304,000 |
| Estimated Capital Reserves | $159,120 |
Estimates use submitted NOI and a standardized expense assumption. Verify all figures against source documents.
Contact the listing broker to request the available investment package.
