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Hotel-Motel

Baymont Jacksonville

474 Western Blvd, Jacksonville, NC 28546

Listing Price: $5,450,000

Cap Rate
10.38%
Number of Rooms
116
RevPAR
$35
Gross SF
53,478
Price/Room
$46,983
RRM
3.68
Price/Gross SF
$101.91
Year Built
1988

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 116-unit, Baymont Jacksonville, located in North Carolina. The subject property is ideally located on 3.87 acres and features 2 floors of well maintained guest rooms. Common area amenities include complimentary continental breakfast, fitness center, seasonal outdoor swimming pool, meetings rooms, free on-site parking, guest laundry facilities, and a 24-hour front desk as well as business center. Each guest room is equipped with free Wi-Fi, private bathroom, microwave, refrigerator, flat-screen TV, and desk with chair.

The Baymont is centrally located off U.S. Business Highway-17, providing visitors to the hotel direct access to all major attractions within Jacksonville as well as major cities as far south as Orlando, Florida and as far north as Winchester, Virginia. Additionally, the hotel is less than 6 miles to U.S. Route 258, a major north-south thoroughfare running adjacent to North Carolina's coast. The hotel is located less than 2 miles from the Jacksonville Mall, the largest shopping mall in Onslow County and Coastal Carolina Community College, which currently enrolls nearly 5,000 students. The hotel is within close-proximity to Onslow Memorial Hospital, Brynn Marr Hospital and Naval Hospital Camp Lejeune. Additionally, the Days Inn is a short drive to Hammocks Beach State Park, a North Carolina State Park situated on Bear Island, a three-mile long, undeveloped barrier island.

The subject property is approximately 4 miles from the main entrance of Marine Corps Base Camp Lejeune, a 156,000-acre training facility. More than 170,00 military personnel, family, retired military, and civilian employees make up Camp Lejeune and surrounding area population. The base generates almost $3 billion in commerce each year. The location between two North Carolina deep-water ports, Wilmington and Morehead City, allows for fast deployments.

Investment Highlights

  • Fee simple interest in the 116-unit, Baymont Jacksonville Camp Lejeune, located in Jacksonville, North Carolina
  • Excellent location off Marine Boulevard and U.S. Route 17 Business | Proximity to all local demand generators
  • 4.1 miles to Camp Lejeune and Marine Corps Air Station, which comprises more than 170,000 individuals and over 156,000 acres of land 
  • Less than 1.1 miles from Jacksonville Mall, an indoor shopping mall with a variety of retail and restaurants
  • Albert J Ellis Airport, 15 miles away, offers flights nationwide from major airlines, American and Delta

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s) NC: 303785

    North Carolina

Hotel-Motel

Baymont Jacksonville

Listing Price: $5,450,000

Cap Rate
10.38%
Number of Rooms
116
RevPAR
$35
Gross SF
53,478
Price/Room
$46,983
RRM
3.68
Price/Gross SF
$101.91
Year Built
1988

Investment Highlights

  • Fee simple interest in the 116-unit, Baymont Jacksonville Camp Lejeune, located in Jacksonville, North Carolina
  • Excellent location off Marine Boulevard and U.S. Route 17 Business | Proximity to all local demand generators
  • 4.1 miles to Camp Lejeune and Marine Corps Air Station, which comprises more than 170,000 individuals and over 156,000 acres of land 
  • Less than 1.1 miles from Jacksonville Mall, an indoor shopping mall with a variety of retail and restaurants
  • Albert J Ellis Airport, 15 miles away, offers flights nationwide from major airlines, American and Delta

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 116-unit, Baymont Jacksonville, located in North Carolina. The subject property is ideally located on 3.87 acres and features 2 floors of well maintained guest rooms. Common area amenities include complimentary continental breakfast, fitness center, seasonal outdoor swimming pool, meetings rooms, free on-site parking, guest laundry facilities, and a 24-hour front desk as well as business center. Each guest room is equipped with free Wi-Fi, private bathroom, microwave, refrigerator, flat-screen TV, and desk with chair. The Baymont is centrally located off U.S. Business Highway-17, providing visitors to the hotel direct access to all major attractions within Jacksonville as well as major cities as far south as Orlando, Florida and as far north as Winchester, Virginia. Additionally, the hotel is less than 6 miles to U.S. Route 258, a major north-south thoroughfare running adjacent to North Carolina's coast. The hotel is located less than 2 miles from the Jacksonville Mall, the largest shopping mall in Onslow County and Coastal Carolina Community College, which currently enrolls nearly 5,000 students. The hotel is within close-proximity to Onslow Memorial Hospital, Brynn Marr Hospital and Naval Hospital Camp Lejeune. Additionally, the Days Inn is a short drive to Hammocks Beach State Park, a North Carolina State Park situated on Bear Island, a three-mile long, undeveloped barrier island. The subject property is approximately 4 miles from the main entrance of Marine Corps Base Camp Lejeune, a 156,000-acre training facility. More than 170,00 military personnel, family, retired military, and civilian employees make up Camp Lejeune and surrounding area population. The base generates almost $3 billion in commerce each year. The location between two North Carolina deep-water ports, Wilmington and Morehead City, allows for fast deployments.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s): NC: 303785

    North Carolina

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