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Ascend Collection Cascades Mountain Resort 201 Sugarloaf Rd 100 Room Hotel Hendersonville, NC 28792 $5,545,701 CAD ($55,457 CAD/Room)

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Investment Highlights

heavy traffic
restaurant
land

highway traffic
hotel
apartments

Executive Summary

2 Property Portfolio
1st building 100 rooms, with restaurant, laundry, indoor pool, spa, gym, offices, banquet room, meeting room and game room
2nd building 50 rooms shell
Total 6.24 acres for additional building, parking, storage, etc. growth

OM_Cascades Mountain Resort_Two Property Portfolio Final

Property Facts

Price	$5,545,701 CAD	Building Size	62,977 SF
Price Per Room	$55,457 CAD	No. Rooms	100
Sale Type	Investment	No. Stories	2
Property Type	Hospitality	Year Built/Renovated	1967/2020
Property Subtype	Hotel	Parking Ratio	2.86/1,000 SF
Building Class	B	Corridor	Interior
Lot Size	6.24 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-3 - Highway Business

Price	$5,545,701 CAD
Price Per Room	$55,457 CAD
Sale Type	Investment
Property Type	Hospitality
Property Subtype	Hotel
Building Class	B
Lot Size	6.24 AC
Building Size	62,977 SF
No. Rooms	100
No. Stories	2
Year Built/Renovated	1967/2020
Parking Ratio	2.86/1,000 SF
Corridor	Interior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-3 - Highway Business