Hampton Inn Brevard

275 Forest Gate Drive, Pisgah Forest, NC 28768

Parent Company

Hilton Worldwide

Brand

Hampton by Hilton

12 Month Occup

67.0%

Total Keys

80

GLA

±38,686 SF

Land Area

±4.16 AC

Executive Summary
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.
Hotel Highlights
Established Hotel Opportunity: The offering includes the established operations of an 80-key Hampton Inn by Hilton-flagged property located in Brevard, North Carolina. The sale includes fee-simple ownership of the real estate and building, both unencumbered by debt or management contracts, providing immediate operational flexibility.

Diversified Demand Base: The property benefits from a balanced mix of leisure, outdoor tourism, university-related visitation (Brevard College), weddings and events, and regional drive-to traffic. Demand is not reliant on a single corporate account or event-based catalyst, contributing to steady year-round performance.

Strong Brand Affiliation & Historic Financials: The property has generated in excess of $2.35 million in annual revenue for the past five consecutive years, demonstrating a stable operating history and resilient demand. Affiliated with the Hilton brand and supported by the Hilton Honors loyalty program, the hotel benefits from strong brand recognition and a diversified, repeat customer base.

High-Barrier-to-Entry Market: Brevard's strict zoning regulations, environmental protections, and limited available commercial land create significant barriers to new hotel development. No properties are currently under development in Brevard, and this supply constraint supports long-term occupancy stability and ADR growth.

Excellent Occupancy and Guest Approval: The property reports a trailing twelve-month occupancy of 67.0%, supported by a strong transient customer base. Guest satisfaction remains high, with an 8.3 out of 10 rating on Booking.com, reflecting solid brand perception and repeat visitation. The property most recently achieved an 87.16% Overall QA Score from Hilton's evaluation on June 13, 2025.
Revenue per Available Room
$87.36
Average Daily Rate
$130.84
Classification
Upper Midscale
Year Built / Renovated
1996 / 2020
Total Rentable Area
38,686 SF
Total Land Area
4.16 Acres
Floors
3
Total Keys
80
Hotel Brand
Hampton Inn
Hotel Flag
Hilton Worldwide
Guidance Cap Rate
10.98%
Location
Gateway to Pisgah National Forest: The property is situated minutes from Pisgah National Forest, one of the most visited national forests in the United States, known for hiking, mountain biking, waterfalls, and fly fishing. Outdoor recreation drives consistent leisure demand across spring, summer, and fall seasons.

Proximity to Downtown Brevard: The hotel offers convenient access to downtown Brevard, a charming and walkable Main Street district known for boutique shopping, dining, craft breweries, and cultural events such as the Brevard Music Center Summer Festival.

Drive-To Destination with Affluent Visitor Base: Located within a comfortable drive of Asheville, Greenville-Spartanburg, Charlotte, and Atlanta, Brevard attracts a high-income, car-borne leisure traveler seeking mountain recreation, festivals, and second-home ownership opportunities.

Strong Tourism Fundamentals: Transylvania County is recognized as the "Land of Waterfalls," featuring over 250 waterfalls and serving as a hub for eco-tourism, cycling events, and outdoor festivals. The region's natural amenities create durable, experience-driven travel demand.
Connolly Investment Corp (in association with ParaSell, Inc)
Katherine Connolly
Hospitality Director | Co-Founder
(334) 313-6014
CA License No. 02197934
Wesley Connolly
Managing Broker | Co-Founder
(707) 477-7185
CA License No. 01962332

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