UPDATED: New Bern Hotel Goes For $1.26 Million At Auction

A New Bern hotel was sold to the highest bidder Thursday morning, and that turned out to be just $1.26 million.

The Days Hotel in Five Points closed due to bankruptcy in May. The auction drew a lot of onlookers, but only a couple of serious bidders.

The winning bid was actually over the phone from a man in Georgia. Sanmukh Patel says he is keeping it as a hotel and will open it as soon as possible.

Bidding on the six-story hotel started out at $500,000 but the auctioneer had to drop that opening bid after no one spoke up.

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