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640 W 4th StWinston-Salem, NC 27101
Courtyard Winston-Salem Downtown
Asset ClassHotel & Hospitality
Hodges Ward Elliott is pleased to present the opportunity to acquire the fee-simple interest in the 126-key Courtyard Winston-Salem Downtown. The 2020-built Property is located in the city’s downtown core and main employment corridor, walkable to a wide array of retail and amenities. Also positioned less than 10 minutes from Wake Forest University and less than five minutes from the groundbreaking Innovation Quarter, the region’s leading technology hub, the Courtyard is surrounded by market-leading demand generators. Custom designed to complement the surrounding community, the Courtyard features the city’s only hotel rooftop bar and represents the newest Marriott product to deliver in the market. The Hotel is offered fee simple and unencumbered of management, providing new ownership a rare opportunity to own a premium-branded, centrally located property in a fast-growing downtown market.
overview of deal

Overview

ADDRESS:

640 W 4th Street Winston-Salem, NC 27101

 

YEAR OPENED: 2020

KEYS: 126

STORIES: 6

SITE AREA: +/- 0.52 Acres

MEETING SPACE: 2,900 SF

F&B Outlets:

  • Courtyard Bistro
  • Top of Fourth

Other Amenities:

  • Fitness Center
  • Indoor Pool

Interest Conveyed: Fee Simple

Management: Unencumbered

Labor: Non-Union

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Investment Highlights

Located in the Heart of Downtown

Downtown Winston-Salem has transformed into a vibrant urban hub, blending historic charm with modern development. Once a quiet business district, it is now a walkable destination filled with award-winning restaurants, breweries, boutique shops, art galleries, and live music venues. Major investments have revitalized key corridors like Fourth Street and Trade Street, while the nearby Innovation Quarter has brought in thousands of workers, students, and visitors. The area is anchored by attractions like the Benton Convention Center, BB&T Ballpark, and the new Kaleideum museum, drawing consistent foot traffic throughout the year. With a surge in residential development and infrastructure upgrades, including new greenways and mixed-use projects, downtown Winston-Salem is positioned as the cultural and economic heartbeat of the city, fueling strong demand for hospitality and lifestyle-driven developments.

 

 

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640 W 4th StWinston-Salem, NC 27101

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Listing provided by Revere CRE