MatthewsMatthews
Hotel Pad Site Morrisville

ListingsMorrisville, NC

Hotel Pad Site Morrisville. Morrisville, NC.

Available
  • 138 keys
  • Select Service
  • Pad Site
  • 0
Request OMTalk to broker
Keys
138
Brand
Pad Site
Chain Scale
Select Service
Asking Price
$4,000,000
Encumbrance
See OM
Mgmt / Franchise
Pad Site (franchise)
Call for Offers
Open ended

Opportunity Overview

Position. Why this asset, now.

Approved 138-key hotel pad site on 2 acres, featuring a 7-story development with ground-floor retail, rooftop restaurant, and structured parking. The fully approved site plans include 90 structured parking spaces adjacent to luxury condominiums. Located in Morrisville, NC with comprehensive development entitlements ready for construction.

  • Approved for 138-key, 7-story hotel development on 2 acres.

  • Approximately 5,000 SF of ground-floor retail space.

  • Approximately 8,500 SF rooftop restaurant with panoramic views.

  • 90 structured parking spaces. Adjacent luxury condominiums.

  • Fully titled and approved site plans ready for development.

Gallery

See the asset. 3 photos in the full gallery.

Full gallery and OM available on request.

Location

Where the asset sits.

Address

902 Church Street
Morrisville, NC

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Hotel Pad Site Morrisville FAQ

What's the asking price on the Hotel Pad Site Morrisville?
$4,000,000. Confidential conversations available; the OM is gated behind NDA where applicable.
What are the property fundamentals on this Pad Site select service?
138 keys. Pad Site, Select Service segment. Built 0. Located in Morrisville, NC. Encumbrance: See OM.
Who is the listing broker?
mabelle-perez at Matthews Hotel Markets. The team has direct relationships with the institutional, family-office, PE, and HNW buyer pools that bid this asset class.
What does Matthews's disposition process look like?
Standard 24-week playbook: engagement letter and BOV in weeks 1–4, OM and marketing launch in weeks 5–8, call-for-offers and finalist round in weeks 9–14, definitive agreement and closing in weeks 15–24. Confidential by default; broker-built underwriting on every BOV.
What's the buyer pool for a Select Service hotel like this in Morrisville?
Select Service assets in this market range typically draw a buyer pool of select-service-focused REITs, family offices, PE roll-ups, owner-operators, and HNW first-time hotel buyers. Pad Site brand-loyal buyers compete actively for in-flag acquisitions.