Buy & Hold (Hotel): (47 Keys) Luxury Boutique, Uptown Charlotte, NC $55,000,000
- Promise Land Realty
- Feb 19
- 2 min read
Price
$55,000,000
OFF-MARKET LUXURY HOTEL
The Ivey’s Hotel – Uptown Charlotte, North Carolina
Premier Boutique Hospitality Asset
Investment Overview
The Ivey’s Hotel offers acquisition of a premier boutique luxury asset located in Uptown Charlotte — one of the Southeast’s strongest corporate and financial markets.
This asset is positioned in the core of Charlotte’s banking corridor and surrounded by Fortune 500 headquarters, convention demand, and continued urban growth.
Financial Structure
Purchase Price: $55M
Existing Debt: $22,200,000
Initial Deposit (First Close): $35,000,000
Seller Financing: In principle agreed for remaining balance
Financing terms remain negotiable pending formal structuring.
Holding Company Structure
A new holding company will be formed:
Seller: 60%
Buyer(s): 40%
This provides shared equity alignment and operational participation.
Default Procedure
If the loan enters default after 90 days of missed payments:
A Cash Call will be issued
If the Cash Call is not satisfied, all shares in the holding company are forfeited
Investment Highlights
Luxury boutique positioning
Uptown Charlotte core location
Strong corporate and banking market
Reduced pricing from prior ask
Seller-aligned capital structure
Southeast growth corridor exposure
This opportunity is ideal for Charlotte-based operators, Southeast hospitality groups, and institutional buyers seeking high-quality urban hospitality exposure.
Submit All Offers To:investments@promiselandrealtyllc.com
Property Map
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.
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100% Financing for Rehab Projects
Powered by Residential Capital Partners
ResCap is a direct private lender offering zero-money-down loan options for 1-4 unit residential investment flips & rentals across the U.S.
🔹 100% Financing – Covers purchase + rehab
🔹 Fast Closings – ~10 days
🔹 Credit Requirements – 620+ FICO (Rehab), 660+ FICO (DSCR)
🔹 Loan Size – $75K–$1.25M
🔹 Rates – 10.9%–11.9% | 2–3% origination | 1st lien
🔹 Serviced In-House | Virtual Inspections | No Owner-Occ or Rural Props
Nationwide Coverage (Excludes: AK, AZ, NV, PA)
Proof of Funds Available
This listing is proudly sponsored by Residential Capital Partners – trusted lending for the nation’s best flippers.
For more info email sarter@promiselandrealtyllc.com or text (864) 762-2509
The #1 Source for Off Market Real Estate.
PROMISE LAND REALTY LLC
Work: 864-762-2509
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