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Hotel-Motel

Hampton Inn & Suites Southport

4820 Port Loop Rd SE, Southport, NC 28461

Listing Price: $15,150,000

Cap Rate
7.11%
Number of Rooms
88
RevPAR
$107
Gross SF
58,484
Price/Room
$172,159
Price/Gross SF
$259.05
Year Built
2019

Investment Overview

Marcus & Millichap have been exclusively retained to offer for sale the fee simple interest in the 88-room Hampton Inn & Suites located in Southport, North Carolina, a city in the southeastern portion of the state in the Cape Fear Region. The hotel is a four-story property built in 2019. It was built to replace the older Hampton Inn in the market, which was converted to Fairfield Inn & Suites.

Hampton Inn & Suites Southport provides the opportunity for a new owner to acquire a recently constructed, premium, core-branded Hilton hotel with potential to realize significant RevPAR growth through revitalized operations and continued utilization of the Hilton name, reservation system, and loyal base of guests.

Investment Highlights

  • Newest Hotel in the Market (2019 Build)
  • Positive Trailing 12-Month RevPAR Trend ($138.22 RevPAR)
  • Historically Strong and Stable Net Operating Income
  • Located in Brunswick County, the Fastest Growing County in North Carolina
  • Proximate to US Military Ocean Terminal Sunny Point, Dosher Memorial Hospital, Brunswick Nuclear Plant, Archer Daniels Midland, and North Carolina Maritime Museum of Southport

Exclusively Listed By

  • Robert S. Hunter

    Senior Managing Director Investments

    (954) 245-3473

    Email Robert

    License(s): FL: SL3241692, AL: 00091540, NC: LC738

    Fort Lauderdale

  • Jack Davis

    Senior Managing Director Investments

    (843) 952-2253

    Email Jack

    License(s): SC: 92795, NC: LC896

    Charleston

  • McLean Hicklin

    Senior Director Investments

    (864) 626-3163

    Email McLean

    License(s): SC: 96287, NC: LC 740, AL: 000149965-0

    Columbia

  • Chase Dewese

    Senior Director Investments

    (704) 831-4636

    Email Chase

    License(s): NC: 293623, WV: WVS240303513

    Charlotte Uptown

Broker of Record

  • Donald Gilchrist

    Senior Director Investments

    (919) 674-1104

    License(s) NC: 241055

    North Carolina

Hotel-Motel

Hampton Inn & Suites Southport

Listing Price: $15,150,000

Cap Rate
7.11%
Number of Rooms
88
RevPAR
$107
Gross SF
58,484
Price/Room
$172,159
Price/Gross SF
$259.05
Year Built
2019

Investment Highlights

  • Newest Hotel in the Market (2019 Build)
  • Positive Trailing 12-Month RevPAR Trend ($138.22 RevPAR)
  • Historically Strong and Stable Net Operating Income
  • Located in Brunswick County, the Fastest Growing County in North Carolina
  • Proximate to US Military Ocean Terminal Sunny Point, Dosher Memorial Hospital, Brunswick Nuclear Plant, Archer Daniels Midland, and North Carolina Maritime Museum of Southport

Investment Overview

Marcus & Millichap have been exclusively retained to offer for sale the fee simple interest in the 88-room Hampton Inn & Suites located in Southport, North Carolina, a city in the southeastern portion of the state in the Cape Fear Region. The hotel is a four-story property built in 2019. It was built to replace the older Hampton Inn in the market, which was converted to Fairfield Inn & Suites. Hampton Inn & Suites Southport provides the opportunity for a new owner to acquire a recently constructed, premium, core-branded Hilton hotel with potential to realize significant RevPAR growth through revitalized operations and continued utilization of the Hilton name, reservation system, and loyal base of guests.

Exclusively Listed By

  • Robert S. Hunter

    Senior Managing Director Investments

    (954) 245-3473

    Email Robert

    License(s): FL: SL3241692, AL: 00091540, NC: LC738

    Fort Lauderdale

  • Jack Davis

    Senior Managing Director Investments

    (843) 952-2253

    Email Jack

    License(s): SC: 92795, NC: LC896

    Charleston

  • McLean Hicklin

    Senior Director Investments

    (864) 626-3163

    Email McLean

    License(s): SC: 96287, NC: LC 740, AL: 000149965-0

    Columbia

  • Chase Dewese

    Senior Director Investments

    (704) 831-4636

    Email Chase

    License(s): NC: 293623, WV: WVS240303513

    Charlotte Uptown

Broker of Record

  • Donald Gilchrist

    Senior Director Investments

    (919) 674-1104

    License(s): NC: 241055

    North Carolina

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