Hunter Advisors is pleased to offer the fee-simple interest in the 226-key Marriott Raleigh Durham Research Triangle Park, a premier full-service asset fresh off a comprehensive renovation completed in December 2025. Strategically located along I-40 and minutes from RDU International Airport, the Property is a primary beneficiary of the $2.5 billion Hub RTP transformation and a corporate ecosystem featuring IBM, Cisco, and Fidelity. Offered at a significant discount to replacement cost, this investment provides a turnkey platform to capture immediate post-renovation ramp and drive meaningful NOI growth through localized, hands-on management.
- Newly Renovated, Turnkey Asset: Completed in December 2025, a $11.02 million ($48.8K/key) comprehensive renovation upgraded all guestrooms, meeting spaces, F&B outlets, and building systems, delivering a "like-new" Marriott asset with minimal near-term capital requirements.
- Compelling Post-PIP Recovery & Margin Upside: 2025 RevPAR of $93.23 (down 20% vs. 2023) reflects heavy disruption from the now-completed PIP; new ownership will benefit from immediate market share recapture—as evidenced by a 7.5% YoY increase in RevPAR and 19% YoY increase in RPI for January 2026—and a return to the 30%+ NOI margins achieved immediately prior to the renovation.
- Strategic Location & Hub RTP Growth Node: Strategically located along I-40 and minutes from RDU Airport, the Property sits at the epicenter of the 7,000-acre Research Triangle Park (300+ companies/55k+ employees) and is directly adjacent to the $2.5 billion "Hub RTP" mixed-use expansion.
- Management Transition Opportunity: Currently institutionally owned and managed, significant upside exists for a more locally focused owner-operator to drive outsized performance through a tailored revenue strategy and hands-on cost controls.
- Discount to Replacement: Opportunity to acquire a fully refreshed, full-service Marriott-branded asset at a significant discount to replacement cost.
- The Property is offered fee-simple, non-union, and unencumbered of management.
