For Sale
$5,150,000

474 Western BlvdJacksonville, NC 28546

116-unit hotel, renovated 2022, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 116-unit Baymont Inn, located in Jacksonville, North Carolina, presents a lucrative investment opportunity. The fee-simple property boasts 53,478 square feet on a 3.87-acre lot and features two stories of well-maintained guest rooms. Built in 1998 and extensively renovated in 2022, the hotel offers a range of amenities including a complimentary continental breakfast, fitness center, seasonal outdoor pool, meeting rooms, free on-site parking, guest laundry facilities, and a 24-hour front desk and business center. Each guest room is equipped with free Wi-Fi, a private bathroom, microwave, refrigerator, flat-screen TV, and desk with chair. Its strategic location off US Business Highway-17 provides easy access to major attractions in Jacksonville and beyond, extending south to Orlando, Florida, and north to Winchester, Virginia. The hotel is less than 1.1 miles from the Jacksonville Mall and Coastal Carolina Community College, and within close proximity to Onslow Memorial Hospital, Brynn Marr Hospital, and Naval Hospital Camp Lejeune. Its proximity to Camp Lejeune (4.1 miles), a significant military base with over 170,000 personnel, ensures consistent demand. The hotel also benefits from its location near US Route 258 and Albert J Ellis Airport (15 miles), offering convenient access for both local and national travelers. The asking price is $5,150,000, translating to $96.30 per square foot. This represents a compelling investment in a thriving market with strong occupancy potential.

Highlights

  • Fee simple ownership of the 116-unit Baymont Jacksonville hotel in Jacksonville, NC.
  • $5,150,000 asking price; $96.30 per square foot.
  • 53,478 square feet on a 3.87-acre lot; built in 1998, renovated in 2022.
  • Excellent location near Camp Lejeune, Marine Corps Air Station, and Jacksonville Mall.
  • Convenient access to US Route 17 Business and major transportation arteries.

Property Details for 474 Western Blvd

Property type
Hospitality properties, Hotels
Square Feet
53,478 SF
Year Built/Renovated
1998/2022
Stories
2
Lot Size (sq. ft)
168,577 SF

Location Insight

City
Jacksonville
County
Onslow
State
North Carolina
Latitude
34.777261
Longitude
-77.3907892
474 Western Blvd, Jacksonville, North Carolina

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474 Western Blvd
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