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Hotel-Motel

WoodSpring Suites Brunswick

5323 New Jesup Hwy, Brunswick, GA 31523

Listing Price: $13,800,000

Cap Rate
2.70%
Number of Rooms
122
RevPAR
$26
Gross SF
60,000
Price/Room
$113,115
RRM
12.07
Price/Gross SF
$230.00
Year Built
1974

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 122-unit, interior corridor, WoodSpring Suites Brunswick, located in Georgia. The subject property was recently constructed and delivered at the end December in 2020.  Common area amenities at the hotel include a lobby lounge area, complimentary coffee & tea, fitness center, guest-laundry facilities, free on-site parking, and vending machines. The subject property offers nightly, weekly, and monthly rates for guests. Each guest rooms is equipped with free Wi-Fi, flat-screen TV with cable & satellite channels, microwave, refrigerator, cooktop, dining table & chair, and private bathroom. 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 with 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 122-unit, WoodSpring Suites, located in Brunswick, Georgia
  • Benefits from strategic location less than 1 mile off Interstate-95
  • College of Coastal Georgia, a public 4-year college with over 20 degree programs, is located 5 mile away
  • Close Proximity to coastal tourist destinations St. Simons Island and Jekyll Island
  • Brunswick Golden Isles Airport, located just over 5 miles away, provides daily flights to the Atlanta Hartsfield Jackson International Airport

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Hotel-Motel

WoodSpring Suites Brunswick

Listing Price: $13,800,000

Cap Rate
2.70%
Number of Rooms
122
RevPAR
$26
Gross SF
60,000
Price/Room
$113,115
RRM
12.07
Price/Gross SF
$230.00
Year Built
1974

Investment Highlights

  • Fee simple interest in the 122-unit, WoodSpring Suites, located in Brunswick, Georgia
  • Benefits from strategic location less than 1 mile off Interstate-95
  • College of Coastal Georgia, a public 4-year college with over 20 degree programs, is located 5 mile away
  • Close Proximity to coastal tourist destinations St. Simons Island and Jekyll Island
  • Brunswick Golden Isles Airport, located just over 5 miles away, provides daily flights to the Atlanta Hartsfield Jackson International Airport

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 122-unit, interior corridor, WoodSpring Suites Brunswick, located in Georgia. The subject property was recently constructed and delivered at the end December in 2020.  Common area amenities at the hotel include a lobby lounge area, complimentary coffee & tea, fitness center, guest-laundry facilities, free on-site parking, and vending machines. The subject property offers nightly, weekly, and monthly rates for guests. Each guest rooms is equipped with free Wi-Fi, flat-screen TV with cable & satellite channels, microwave, refrigerator, cooktop, dining table & chair, and private bathroom. 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 with 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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