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DoubleTree by Hilton Hotel Rocky Mount 651 N Winstead Ave 166 Room Hotel Rocky Mount, NC 27804 $20,565,750 CAD ($123,890 CAD/Room) 10.19% Cap Rate
Investment Highlights
- Opportunity to acquire the asset at a discount to T-12 revenue, supported by strong historical performance averaging ~$4.7M–$4.9M annually
- Motivated seller, offered unencumbered by management
- The Hotel offered with a 10-15 year license upon completion the PIP.
- Home to major employers including Cummins, Pfizer, and regional logistics and manufacturing operations
Executive Summary
?? Now Offering | DoubleTree by Hilton – Rocky Mount, North Carolina
Pleased to bring to market this 166-room, full-service DoubleTree by Hilton strategically in Rocky Mount, NC, directly across from Nash UNC Health Care and just off US-64 and I-95 — the primary New York-to-Florida corridor.
This asset offers scale, brand recognition, and immediate upside, with a clear path to value creation through completion of the remaining guestroom PIP.
Pleased to bring to market this 166-room, full-service DoubleTree by Hilton strategically in Rocky Mount, NC, directly across from Nash UNC Health Care and just off US-64 and I-95 — the primary New York-to-Florida corridor.
This asset offers scale, brand recognition, and immediate upside, with a clear path to value creation through completion of the remaining guestroom PIP.
Property Facts
| Price | $20,565,750 CAD | Lot Size | 5.54 AC |
| Price Per Room | $123,890 CAD | Building Size | 118,558 SF |
| Sale Type | Investment | No. Rooms | 166 |
| Cap Rate | 10.19% | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1986/2008 |
| Property Subtype | Hotel | Parking Ratio | 3.04/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | I | ||
| Price | $20,565,750 CAD |
| Price Per Room | $123,890 CAD |
| Sale Type | Investment |
| Cap Rate | 10.19% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.54 AC |
| Building Size | 118,558 SF |
| No. Rooms | 166 |
| No. Stories | 4 |
| Year Built/Renovated | 1986/2008 |
| Parking Ratio | 3.04/1,000 SF |
| Corridor | Interior |
| Zoning | I |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 7 | $263.24 CAD | - |
| Guest Room | 159 | $208.40 CAD | - |
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Property Taxes
| Parcel Number | 3841-17-11-0119 | Improvements Assessment | $19,734,628 CAD |
| Land Assessment | $1,842,075 CAD | Total Assessment | $21,576,703 CAD |
Property Taxes
Parcel Number
3841-17-11-0119
Land Assessment
$1,842,075 CAD
Improvements Assessment
$19,734,628 CAD
Total Assessment
$21,576,703 CAD
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DoubleTree by Hilton Hotel Rocky Mount | 651 N Winstead Ave
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