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7315 Smith Corners BlvdCharlotte, NC 28269
Comfort Suites Northlake
Asset ClassHotel & Hospitality
overview of deal

Overview

HREC Investment Advisors ("HREC IA") is pleased to present a prime investment opportunity: the acquisition of the 104-key Comfort Suites Northlake ("Hotel" or "Property"). Ideally located at 7315 Smith Corners Blvd, Charlotte, NC 28269, the Hotel sits along the I-77 corridor, just 10 miles north of downtown Charlotte.

 

This five-story, metal-frame, poured-in-place concrete building offers all-suite accommodations and spans approximately three acres. Originally built in 2000, the Property recently underwent a comprehensive renovation, including updated FF&E, soft goods, a new roof, and refreshed bathrooms. Guests benefit from a well-appointed fitness center, an outdoor pool, a spacious, high-ceiling lobby, a business center, a sundry shop, and dedicated meeting space.

 

Strategically positioned near key demand drivers in the greater Charlotte area, the Property is in proximity to major employers and institutions, including Novant Health Huntersville Medical Center, the University of North Carolina at Charlotte, Estes Express Lines, Gerdau Ameristeel Mill, U.S. Foods, SEG Systems, Carrier Global, and Northlake Mall, which was recently acquired by Hull Property Group.

 

An investor may continue operating the asset under the Comfort Suites flag, capitalizing on market growth and implementing strategic cost-saving initiatives to drive NOI. Managed by a multi-unit operator, the Property also offers significant repositioning potential. With its all-suite configuration, spacious room bays, and high key count, it presents an opportunity for conversion to a more premium brand or an alternative use. Regardless of the strategy pursued, this fee-simple hotel stands as a compelling acquisition in one of the Southeast’s most sought-after hospitality markets.

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7315 Smith Corners BlvdCharlotte, NC 28269

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