Connolly Investments, in partnership with ParaSell, Inc., is pleased to present to qualified purchasers the opportunity to acquire the 80-key Hampton Inn by Hilton located in Pisgah Forest (Brevard), North Carolina - a stabilized, institutionally branded lodging asset in the heart of Western North Carolina's premier outdoor destination.
Offered fee-simple and unencumbered by management contracts or debt, the property provides a clean acquisition structure and immediate operational control. The hotel has established a consistent operating track record, producing more than $2.35 million in annual revenues for five consecutive years, reflecting durable demand fundamentals and effective market penetration.
The asset benefits from affiliation with Hilton Worldwide, one of the strongest lodging platforms globally. Through Hilton Honors and Hilton's centralized reservation network, the property captures meaningful repeat visitation and national brand exposure, positioning it competitively within both transient and regional drive-to segments. The hotel achieved 67.0% trailing twelve-month occupancy while maintaining strong guest satisfaction metrics, including an 8.3/10 average online rating, reinforcing brand alignment and customer loyalty. The property most recently achieved an 87.16% Overall QA Score from Hilton's evaluation on June 13, 2025, providing an accurate reflection of current property condition.
Brevard's lodging performance is supported by its unique positioning as a lifestyle and recreation-driven market rather than a purely event-based destination. Located just minutes from Pisgah National Forest and surrounded by more than 100,000 acres of protected land, the area draws steady visitation tied to hiking, mountain biking, fly fishing, waterfall tourism, and seasonal festivals. Transylvania County's identity as the "Land of Waterfalls," featuring more than 250 waterfalls, creates a distinct experiential demand driver that supports extended-stay patterns and repeat travel.
Beyond leisure tourism, the property captures visitation related to Brevard College, the nationally recognized Brevard Music Center, weddings, regional business travel, and a growing second-home owner population. Its location within a short drive of Asheville, Greenville-Spartanburg, Charlotte, and Atlanta allows the hotel to benefit from affluent, car-borne travelers seeking mountain recreation without reliance on airlift-dependent demand.
Importantly, Brevard remains a high-barrier-to-entry submarket. Strict zoning ordinances, environmental oversight, and limited commercially developable land have effectively constrained new hotel supply, with no projects currently under development. Recent submarket data reflects positive momentum, including year-over-year gains in occupancy and ADR, with RevPAR increasing 12.3%, underscoring strengthening revenue trends.
The Hampton Inn by Hilton Brevard represents a compelling opportunity to acquire a nationally recognized flag in a supply-constrained, leisure-oriented mountain market with demonstrated historical performance, favorable demand trends, and long-term growth potential.