NORTH CAROLINA

MARRIOTT RALEIGH DURHAM RESEARCH TRIANGLE PARK

226 Keys | 6 Stories | 1989 Year Built

4700 Guardian Dr Durham, NC 27703

INVESTMENT HIGHLIGHTS

Hunter Advisors is pleased to offer the fee-simple interest in the 226-key Marriott Raleigh Durham Research Triangle Park. Fresh off a comprehensive renovation that completed in December 2025, this turnkey asset is positioned to capture immediate market share recapture within the 7,000-acre Research Triangle Park and the $2.5B Hub RTP growth node.

• Newly Renovated & Turnkey: Fully upgraded infrastructure, guestrooms, meeting spaces, and F&B completed Dec-2025; with no near-term capital required.
• Imminent Performance Ramp: Post-PIP recovery already underway, evidenced by a 60% YoY increase in RevPAR and 48% YoY increase in RPI for the month ending 03/2026 and 35%+ YoY increase in RevPAR and 34% increase in RPI for the 03/2026 YTD period.
• Operational Upside: Institutionally owned and managed, this asset will be delivered unencumbered of management, presenting a regional owner-operator with immediate NOI growth potential. Further, the 2025 renovation — encompassing a new onsite laundry facility, the replacement of a costly indoor pool with a new ballroom, a major M-Club upgrade, full conversion of double/double rooms to queen/queen configurations, and the replacement of PTACs with modern VTACs in the guestrooms — introduces compelling new revenue streams, an enhanced guest experience, and significant operating efficiencies for the next owner.
• Mission-Critical Location: Positioned on I-40 between RDU Airport and the RTP corporate corridor (IBM, Cisco, Fidelity, and SAS).
• Discount to Replacement: Opportunity to acquire a fully refreshed, flagship Marriott-branded asset at a basis well below current development costs.
• Fee-simple, non-union, and unencumbered of management.

INVESTMENT ADVISORY