Baymont Inn & Suites Camp Lejeune

116 Room Hotel | Jacksonville, NC 28546 | $5,450,000 ($46,983/Room) | 9.60% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $5,450,000

Property Type
Hospitality
Square Feet
53,478 SF

Listing Contacts

Joce Messinger
Joce Messinger
Verified Profile
Jack Davis
Jack Davis
Verified Profile
Chase Dewese
Chase Dewese
Verified Profile
Joseph Simpson
Joseph Simpson
Verified Profile
  • Property Info

Property Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 116-unit, Baymont Jacksonville, located in North Carolina. The subject property is ideally located on 3.87 acres and features 2 floors of well maintained guest rooms. Common area amenities include complimentary continental breakfast, fitness center, seasonal outdoor swimming pool, meetings rooms, free on-site parking, guest laundry facilities, and a 24-hour front desk as well as business center. Each guest room is equipped with free Wi-Fi, private bathroom, microwave, refrigerator, flat-screen TV, and desk with chair. The Baymont is centrally located off U.S. Business Highway-17, providing visitors to the hotel direct access to all major attractions within Jacksonville as well as major cities as far south as Orlando, Florida and as far north as Winchester, Virginia. Additionally, the hotel is less than 6 miles to U.S. Route 258, a major north-south thoroughfare running adjacent to North Carolina's coast. The hotel is located less than 2 miles from the Jacksonville Mall, the largest shopping mall in Onslow County and Coastal Carolina Community College, which currently enrolls nearly 5,000 students. The hotel is within close-proximity to Onslow Memorial Hospital, Brynn Marr Hospital and Naval Hospital Camp Lejeune. Additionally, the Days Inn is a short drive to Hammocks Beach State Park, a North Carolina State Park situated on Bear Island, a three-mile long, undeveloped barrier island. The subject property is approximately 4 miles from the main entrance of Marine Corps Base Camp Lejeune, a 156,000-acre training facility. More than 170,00 military personnel, family, retired military, and civilian employees make up Camp Lejeune and surrounding area population. The base generates almost $3 billion in commerce each year. The location between two North Carolina deep-water ports, Wilmington and Morehead City, allows for fast deployments.

Property Details

Class
C
Year Built/Renovated
1988/2019
Stories
2
Property Subtype
Hotel
Lot Size (sq. ft)
168,577 SF
Units
116

Highlights

  • Fee simple interest in the 116-unit, Baymont Jacksonville Camp Lejeune, located in Jacksonville, North Carolina
  • Excellent location off Marine Boulevard and U.S. Route 17 Business | Proximity to all local demand generators
  • 4.1 miles to Camp Lejeune and Marine Corps Air Station, which comprises more than 170,000 individuals and over 156,000 acres of land
  • Less than 1.1 miles from Jacksonville Mall, an indoor shopping mall with a variety of retail and restaurants
  • Albert J Ellis Airport, 15 miles away, offers flights nationwide from major airlines, American and Delta

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