Description: National Lender Orders Immediate Liquidation of the Historic Prince Charles Hotel in the Heart of the Fayetteville’s Revitalized Downtown!
The Prince Charles Hotel has been seized and foreclosed by a National Lender who has Ordered the Property Liquidated as soon as possible! Never again will you have the opportunity to own a landmark property of such magnitude as this Southern Jewel. With an ornate colonial revival edifice along with the handsome lobby, the Prince Charles has earned a place on several prominent historic and architectural lists including the National Register of Historic Places and is considered to be one of the finest Colonial Revival structures still remaining in North Carolina.
The Prince Charles Hotel is located directly across from City Hall and its prominent setting has been a landmark for generations. It is situated on 3.32± acres of prime downtown real estate, with 12 Single Rooms, 19 Queen Size Rooms, 6 Double-double Rooms and 46 well-appointed Suites. Sitting on this parcel is the hotel’s 168 space fee-simple owned parking lot and a picturesque second parcel on which rests an ornate fountain enjoyed by people visiting downtown. The lobby features the original inlaid marble floors, updated crystal chandeliers and beautiful sitting areas to greeting visitors as they pass the grand double staircase leading up to the mezzanine meeting area. The remaining space on the first floor is comprised of five meeting/conference rooms with seating capacities ranging from 10 to 250. A fitness room is available and open 24 hours a day. There is also space available for future commercial development. Just off the lobby is a lounge that is currently leased; the savvy investor will recognize the advantage afforded by commercial, retail and office space for profitability enhancement. Another bonus, for buyers who desire to handle catering and larger functions, is provided on the Eighth floor where a grand ballroom may well be the focal point of Fayetteville society functions. If handling all the aspects of an events facility isn’t your game then simply rent the ballroom for added, easy income. The ballroom features an outdoor terrace providing attendees of ballroom functions outstanding panoramic views of downtown and the surrounding countryside.
Within blocks of the Amtrak Station, City Hall, corporate headquarters, and county courthouse/government offices. Fayetteville is the home of Ft. Bragg Army Base and Pope Airforce Base, two of the most utilized military complexes in the United States. Hay Street is now the place where professionals and families go to enjoy first class condominium living, award winning museums, libraries, shopping, churches, and fine cuisine. Join with the leadership of Fayetteville and stake your claim for outstanding potential profits and a property that puts excitement back into hotel ownership!
Interested bidders may contact Bill Londrey with any auction questions at 877-355-2251 or email Billauctionquestions@tranzon.com
Directions: From the North (Raleigh Area) - From I-40 East merge onto I-95 South via exit 328A towards Benson/Fayetteville, Merge onto I-95 Business South/US 301 via exit 56 towards Fayetteville/Fort Bragg, Turn right on Grove Street/NC-210/NC-24, Turn right on Hay Street.
From the South - I-95 North to NC 87 via exit 46 towards Fayetteville, Merge onto NC-87 via exit 46B, Take the Hay Street exit 104B towards Fayetteville, Turn right on Hay Street.
Contact Information: For more information please contact Bill Londrey at (877) 355-2251. License Number: NCAF4953
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