Hospitality Business for Sale in Winston-Salem, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Winston-Salem, NC 27105
  • Year built: 1987

Description

Marcus & Millichap is pleased to present the opportunity to acquire the DoubleTree by Hilton Winston Salem –University, a 150-room full-service hotel strategically located minutes from Wake Forest University. Originally constructed in 1987 and renovated in 2015, the hotel offers a full-service amenity package including 5,991 square feet of meeting and event space, an on-site restaurant, outdoor pool, and fitness center, allowing the property to capture both corporate and group demand. Planned soft goods updates to the meeting and event space are expected to enhance the property’s appeal for weddings and group events, while expanded restaurant hours and menu offerings present additional upside in food and beverage revenue post-renovation. With strong brand recognition under the Hilton flag, diversified demand drivers, and continued economic growth across the Triad region, the property is well positioned for stable operating performance and long-term investment potential. Investment Highlights: • Located in the Piedmont Triad MSA, part of the Winston Salem–Greensboro–High Point metro area with 1.7M+ residents • Strategically from Wake Forest University, a nationally recognized private university • Revenue upside through expanded restaurant hours as current ownership operates on a limited schedule • Strong healthcare demand drivers, near Atrium Health Wake Forest Baptist and Novant Health Forsyth Medical Center • Growing tourism & entertainment market: Truist Field, Benton Convention Center, and Stevens Center • Winston Salem is experiencing investment across healthcare, research, and advanced manufacturing

Market Context

This hospitality in Winston-Salem, NC is listed for sale. The building dates to 1987. It has been on the market for 68 days. Compare it against other hospitality listings for sale in Winston-Salem, NC — <a href="/search/sale/hospitality/north-carolina/winston-salem">view the full market</a>.

Contact

Explore this market

Similar Hospitality Business for Sale in Winston-Salem, NC