Golden Green Hotel

Golden Green Hotel

Charlotte, NC
Available
  • Property Type: Apartments
  • Year Built : 1969
  • Property Size: 43,512 SF / 154 Units

Overview

Capstone Companies is pleased to present the Golden Green Hotel, an existing hotel and a multi-family redevelopment opportunity located just outside of Uptown Charlotte, North Carolina. Currently operated as an independently branded hotel, this property presents an exceedingly rare opportunity to reposition the existing asset into rental apartments or rebrand the hotel with a new flag. The lower construction and redevelopment costs allow new ownership to provide affordable housing without incurring the expenses that would exist with ground-up construction. The Golden Green Hotel is comprised of eight stories, with a concrete parking deck, and features irreplaceable skyline views. The property is within walking distance to the planned future light rail station and Bojangles' Convention center, offering a unique opportunity for new ownership.   

The incredible accessibility and visibility of the property, in addition to the strength of the surrounding multi-family fundamentals, make the Golden Green Hotel an investment opportunity that appeals to the most innovative and yield searching multi-family and hotel investors.

Investment Highlights

Highly Connected Location with Major Infrastructure Projects in Process

Rare Hotel to Apartment Conversion Opportunity

Opportunity to Rebrand Hotel with New Flag

Located in Qualified Census Tract

Contact Information

Caleb Troop Director P: 314.607.3481
O: 800.746.3175 ext. 725
caleb@capstone-companies.com
Alex McDermott Partner P: 704.533.4865
O: 800.746.3175 ext. 700
alex@capstone-companies.com
Austin Green Director P: 704.962.7454
O: 800.746.3175 ext. 701
austin@capstone-companies.com
Rhodes Marley Investment Sales Advisor P: 704.840.5927
O: 800.746.3175 ext. 736
rhodes@capstone-companies.com
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