Globalvestment Capital Partners proudly presents a unique and exclusive opportunity to acquire the freehold interest in the AC Hotel Charlotte Ballantyne by Marriott. With construction completed in 2021, this property, nestled at 14819 Ballantyne Village Way, Charlotte, NC, holds a distinguished position in the heart of Ballantyne Village, offering unparalleled vistas of the dynamic Charlotte skyline and the meticulously designed Ballantyne community.

Centrally situated within Ballantyne Village, the 13-story architectural gem boasts uninterrupted views of the Ballantyne Country Club on one side and the vibrant Charlotte skyline on the other. The AC Hotel Charlotte Ballantyne is the newest and most walkable hotel in the Ballantyne submarket.

The property’s interior matches its stunning exterior. Beyond its 186 elegantly designed guest rooms, the hotel indulges its guests with a myriad of state-of-the-art amenities. A contemporary yoga and fitness center invites wellness enthusiasts too.

Dining at the AC Hotel Charlotte Ballantyne is an experience unto itself. The European-inspired AC Kitchen serves as a morning delight, while the AC Lounge entices with its selection of tapas, exquisite Spanish wines, and crafted brews.

Adjacent to the Panorama Tower, Ballantyne Village emerges as a modern urban sanctuary spread across 535 acres. This masterfully curated community houses a diverse mix of upscale restaurants, service establishments, and retail outlets, all harmoniously integrated within 4 million sq. ft., with an Impressive roster of 4,500 residential units.

The property is set 13 km from SouthPark Mall, 15 km from Carowinds Amusement Park and 19 km from Freedom Park. The accommodation offers a 24-hour front desk and a business centre for guests. Mint Museum of Art is 19 km from the hotel, while Billy Graham Library is 21 km from the property. Furthermore, the Charlotte Douglas International Airport, a key transport hub, is just a mere 21 km away.

Property is being offered unpriced.

WHY INVEST

POPULATION GROWTH

Charlotte is the third-fastest-growing major city in the United States. It is projected that the Charlotte Region will grow from 2,846,550 people in 2022, to nearly 4.6 million in 2050 an increase of approximately 62%, driving the demand for hotel rooms. The population has already increased by 20.2% between 2010 and 2023.

EMPLOYMENT GROWTH

As of December 2022, the Charlotte Region saw a year-over-year employment growth of 4.6%, outpacing North Carolina (4.0%), South Carolina (3.3%), and the United States as a whole (2.9%). This drives rooms demand and real estate values upwards.

STRONG PERFORMANCE METRICS

The AC Marriott Hotel has consistently demonstrated strong performance metrics, outperforming its competitive set in key indicators such as occupancy (65.2% vs. 60.2%), ADR ($175.15 vs. $165.15) and RevPAR ($114.27 vs. $99;46). This track record highlights the hotel’s ability to capture market demand and deliver attractive returns to investors. As of August 2023, the AC Marriott Hotel has demonstrated a strong financial performance, with a T-12 NOI of $3,195,229 that reflects the property’s ability to generate consistent and substantial income with projected NOI for 2023 to be $3,447,816.

PRIME LOCATION AND DEMAND

The AC Hotel Charlotte Ballantyne enjoys a prime location within the vibrant Ballantyne Village community, offering excellent visibility and direct access to a diverse range of dining, retail, and entertainment options. This strategic location ensures a steady flow of foot traffic and potential guests seeking upscale accommodations with convenient access to nearby attractions with 4,500 multifamily units in the village alone.