Hunter Advisors has been exclusively engaged to solicit offers for the purchase of the 92-room, 5-story Downtown Inn & Suites (the “Hotel” or “Property” or “Asset”). The Property represents a rare opportunity to acquire a well-located downtown asset in one of the Southeast’s most nationally recognized and supply-constrained leisure markets.
Located in the heart of Downtown Asheville, the Hotel benefits from durable tourism fundamentals, record visitation trends, and expanding group demand within a market that continues to receive national recognition as a premier travel destination. Supported by significant regional infrastructure investment and ongoing economic expansion, Asheville’s long-term growth trajectory remains firmly intact.
Currently operating as an independent hotel, the Asset presents a clearly defined value-add opportunity to reposition into the upper-upscale lifestyle boutique segment — a category that continues to outperform traditional lodging formats and command meaningful rate premiums. Through comprehensive renovation and institutional management, a new owner is positioned to drive material ADR expansion, improve RevPAR penetration, and achieve stabilized cash flow at a meaningfully higher level than current performance.
The Downtown Inn & Suites offers investors a differentiated opportunity to execute a strategic repositioning within a high-barrier-to-entry downtown corridor, supported by strong market fundamentals, accelerating boutique demand trends, and measurable earnings growth potential.
