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Hotel-Motel

Motel 6 Jacksonville

603 N Marine Blvd, Jacksonville, NC 28540

Listing Price: $5,100,000

Cap Rate
9.65%
Number of Rooms
117
RevPAR
$36
Price/Room
$43,590
RRM
3.78
Year Built
1983

Investment Overview

Marcus & Millichap is pleased to present the fee-simple interest in the 117-room Motel 6, located at 603 North Marine Boulevard in Jacksonville, North Carolina. Ideally positioned just off U.S. Highway 17, a major north-south corridor through coastal North Carolina, the subject property offers convenient access to key demand drivers including Marine Corps Base Camp Lejeune, Naval Medical Center Camp Lejeune, Coastal Carolina Community College, Jacksonville Mall, and Albert J. Ellis Airport.

The Motel 6 is situated on a 2.71 acre parcel and benefits from strong visibility, national brand affiliation, and proximity to both the Wilmington and New Bern markets. The Hotel features exterior corridors, on-site parking, guest laundry, and streamlined operational efficiencies consistent with the Motel 6 brand.

Jacksonville is a military-driven coastal community anchored by one of the largest Marine Corps bases in the United States. The local economy is supported by stable government employment, a large healthcare presence, and consistent lodging demand from military personnel, contractors, government employees, and seasonal leisure traffic to nearby Topsail Island and the North Carolina coast.

Investment Highlights

  • Fee simple interest in the 17-unit Motel 6 located in Jacksonville, North Carolina — a military-driven market along the state's southeastern coast
  • Strategically positioned just off U.S. Highway 17, a major north-south corridor connecting Jacksonville to Wilmington and New Bern, offering strong visibility and regional accessibility
  • Situated less than 10 minutes from Marine Corps Base Camp Lejeune, one of the largest military installations in the United States, employing more than 38,000 active duty personnel
  • Affordable entry point into a high-barrier, high-occupancy market supported by consistent year-round demand in a coastal military town

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    Senior Director Investments

    (919) 674-1104

    License(s) NC: 241055

    North Carolina

Financing By

Hotel-Motel

Motel 6 Jacksonville

Listing Price: $5,100,000

Cap Rate
9.65%
Number of Rooms
117
RevPAR
$36
Price/Room
$43,590
RRM
3.78
Year Built
1983

Investment Highlights

  • Fee simple interest in the 17-unit Motel 6 located in Jacksonville, North Carolina — a military-driven market along the state's southeastern coast
  • Strategically positioned just off U.S. Highway 17, a major north-south corridor connecting Jacksonville to Wilmington and New Bern, offering strong visibility and regional accessibility
  • Situated less than 10 minutes from Marine Corps Base Camp Lejeune, one of the largest military installations in the United States, employing more than 38,000 active duty personnel
  • Affordable entry point into a high-barrier, high-occupancy market supported by consistent year-round demand in a coastal military town

Investment Overview

Marcus & Millichap is pleased to present the fee-simple interest in the 117-room Motel 6, located at 603 North Marine Boulevard in Jacksonville, North Carolina. Ideally positioned just off U.S. Highway 17, a major north-south corridor through coastal North Carolina, the subject property offers convenient access to key demand drivers including Marine Corps Base Camp Lejeune, Naval Medical Center Camp Lejeune, Coastal Carolina Community College, Jacksonville Mall, and Albert J. Ellis Airport. The Motel 6 is situated on a 2.71 acre parcel and benefits from strong visibility, national brand affiliation, and proximity to both the Wilmington and New Bern markets. The Hotel features exterior corridors, on-site parking, guest laundry, and streamlined operational efficiencies consistent with the Motel 6 brand. Jacksonville is a military-driven coastal community anchored by one of the largest Marine Corps bases in the United States. The local economy is supported by stable government employment, a large healthcare presence, and consistent lodging demand from military personnel, contractors, government employees, and seasonal leisure traffic to nearby Topsail Island and the North Carolina coast.

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    Senior Director Investments

    (919) 674-1104

    License(s): NC: 241055

    North Carolina

Financing By

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