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Hotel-Motel

Suburban Extended Stay Conversion Brunswick I-95

300 Cary St, Brunswick, GA 31523

Listing Price: $5,275,000

Cap Rate
12.50%
Number of Rooms
87
RevPAR
$47
Gross SF
37,799
Price/Room
$60,632
RRM
3.53
Price/Gross SF
$139.55
Year Built
1974

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 87-unit, Econo Lodge Brunswick I-95, located in Brunswick, Georgia. The subject property is ideally located on 3.77 acres with close proximity to I-95 and all nearby demand generators. Common area amenities include complimentary on-site parking, guest-laundry facilities, vending machines, fax & photocopy machines, 24-hour front desk, and an outdoor covered seating area. Each guest room is equipped with free Wi-Fi, flat-screen TV, desk with chair, private bathroom, iron & ironing board, microwave, and refrigerator.

Brunswick, GA is conveniently located along Interstate-95 with direct access to Savannah, GA and Jacksonville, FL. The historic town is primarily known for its outdoor and coastal attractions, including Blythe Island Regional Park, Marshes of Glynn, and the historic Lover’s Oak, all located within 10 miles of the subject property. Nearby St. Simons and Jekyll Island attract more than 4 million visitors annually. The two coastal islands provide an abundance of attractions including but not limited to beaches, golf courses, horseback riding, biking, kayaking, boat rentals and much more. Brunswick and the nearby areas boast more than 200 well-maintained golf holes from a variety of golf courses. A major demand generator for the area the Brunswick Port of the Georgia Ports Authority. With direct access to Interstate-95, and a Class 1 railway, the port is ranked in the top 5 ports in the US, especially since its recent reopening to allow for 24-hour cargo service. For those traveling to the area, there are many public airports including Jekyll Island Airport and McKinnon’s St. Simons Island Airport, along with the Brunswick Golden Isles Airport, which provides daily direct flight with service by Delta Airlines to the Atlanta Hartfield’s International Airport. The Jacksonville International Airport, 60 miles away, and the Savannah/Hilton Head International Airport, 70 miles away, provide more travel options for visitors.

Investment Highlights

  • Fee simple interest in the 87-unit, Econo Lodge Brunswick I-95, located in Brunswick, Georgia
  • Located along I-95 | High visibility & accessibility
  • Multiple military installations located with close proximity to the hotel including US Coast Guard, Air National Guard, and the US Air Force
  • College of Coastal Georgia, a public 4-year college with over 20 programs, is located 5 miles away
  • Brunswick Golden Isles Airport, located just over 5 miles away, provides daily ?ights to the Atlanta Harts?eld Jackson International Airport
  • Georgia Ports Authority – Brunswick, is in the top 5 ports in the U.S. and benefits from its location along I-95 and a Class 1 railway system

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Hotel-Motel

Suburban Extended Stay Conversion Brunswick I-95

Listing Price: $5,275,000

Cap Rate
12.50%
Number of Rooms
87
RevPAR
$47
Gross SF
37,799
Price/Room
$60,632
RRM
3.53
Price/Gross SF
$139.55
Year Built
1974

Investment Highlights

  • Fee simple interest in the 87-unit, Econo Lodge Brunswick I-95, located in Brunswick, Georgia
  • Located along I-95 | High visibility & accessibility
  • Multiple military installations located with close proximity to the hotel including US Coast Guard, Air National Guard, and the US Air Force
  • College of Coastal Georgia, a public 4-year college with over 20 programs, is located 5 miles away
  • Brunswick Golden Isles Airport, located just over 5 miles away, provides daily ?ights to the Atlanta Harts?eld Jackson International Airport
  • Georgia Ports Authority – Brunswick, is in the top 5 ports in the U.S. and benefits from its location along I-95 and a Class 1 railway system

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 87-unit, Econo Lodge Brunswick I-95, located in Brunswick, Georgia. The subject property is ideally located on 3.77 acres with close proximity to I-95 and all nearby demand generators. Common area amenities include complimentary on-site parking, guest-laundry facilities, vending machines, fax & photocopy machines, 24-hour front desk, and an outdoor covered seating area. Each guest room is equipped with free Wi-Fi, flat-screen TV, desk with chair, private bathroom, iron & ironing board, microwave, and refrigerator. Brunswick, GA is conveniently located along Interstate-95 with direct access to Savannah, GA and Jacksonville, FL. The historic town is primarily known for its outdoor and coastal attractions, including Blythe Island Regional Park, Marshes of Glynn, and the historic Lover’s Oak, all located within 10 miles of the subject property. Nearby St. Simons and Jekyll Island attract more than 4 million visitors annually. The two coastal islands provide an abundance of attractions including but not limited to beaches, golf courses, horseback riding, biking, kayaking, boat rentals and much more. Brunswick and the nearby areas boast more than 200 well-maintained golf holes from a variety of golf courses. A major demand generator for the area the Brunswick Port of the Georgia Ports Authority. With direct access to Interstate-95, and a Class 1 railway, the port is ranked in the top 5 ports in the US, especially since its recent reopening to allow for 24-hour cargo service. For those traveling to the area, there are many public airports including Jekyll Island Airport and McKinnon’s St. Simons Island Airport, along with the Brunswick Golden Isles Airport, which provides daily direct flight with service by Delta Airlines to the Atlanta Hartfield’s International Airport. The Jacksonville International Airport, 60 miles away, and the Savannah/Hilton Head International Airport, 70 miles away, provide more travel options for visitors.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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