GREENSBORO, N.C., June 19, 2012 (GLOBE NEWSWIRE) -- National Commercial Auctioneers [www.natcomauctions.com] announces the public auction of an operating Clarion Hotel in Greensboro, NC, on July 24, 2012, at 11am local time, according to Randy Ligon, CAI, CES, BAS, Regional Vice President, Broker and Auctioneer.
Located at 416 South Swing Road in Greensboro, this 193-room full-service, fully furnished hotel is situated on 4.94± acres. The property is just off I-40 in the heart of Greensboro, less than 30 minutes from Winston-Salem and Asheboro, and only one hour from Durham and 1.5 hours from Charlotte.
Built in 1973, the property has four stories with 85,635 square feet, plus ample parking on the grounds. Indoor amenities include: an on-site restaurant; a bar and cocktail lounge; a complete health and fitness center; a business center; and a tiled lobby with sitting area.
Outdoor amenities include: a pool with sundeck; a patio area and a gazebo. This hotel boasts a multifunctional 10,000 sq. ft. meeting and conference facility with seven different rooms. Altogether, these rooms can comfortably accommodate up to 500 guests making this an ideal facility for small business meetings, family reunions, weddings, or conferences.
This hotel property, which currently operates at 58 percent capacity, has a strong income history with a vibrant conference and airport business. For the past 14 years, the hotel has been owned by a large hospitality investment company who spent over $3 million in renovations and capital improvements.
All furnishings, fixtures and equipment convey with the property, with the exception of the hotel van. The buyer can elect to keep the current Clarion franchise or pursue other opportunities.
Broker participation is encouraged. Property may be inspected during one of the scheduled previews or by appointment. For more details on how to receive the property information package and complete terms visit www.natcomauctions.com or call (877) 895-7077.
National Commercial Auctioneers is a national commercial property auction company dedicated to the sale of commercial property for commercial lenders, bankruptcy trustees, private equity funds, and public and private companies throughout the United States. NCA has the knowledge and expertise to effectively deliver a market driven auction for every kind of commercial property.
Social Media
Like us on Facebook: http://www.facebook.com/NatcomAuctions
Follow us on LinkedIn: http://linkedin.com/company/national-commercial-auctioneers
Subscribe to our YouTube Channel: http://youtube.com/natcomauctions
The National Commercial Auctioneers logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11154