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Property Available
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Property Under Contract
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Recent Transaction
INVESTMENT HIGHLIGHTS
INVESTMENT OVERVIEW
Marcus & Millichap is pleased to offer for sale a fee simple interest in the 116-unit, Baymont Jacksonville, located in North Carolina. The subjectproperty is ideally located on 3.87 acres and features 2 floors of well maintained guest rooms. Common area amenities include complimentarycontinental breakfast, fitness center, seasonal outdoor swimming pool, meetings rooms, free on-site parking, guest laundry facilities, and a 24-hourfront desk as well as business center. Each guest room is equipped with free Wi-Fi, private bathroom, microwave, refrigerator, flat-screen TV, anddesk with chair.
The Baymont is centrally located off U.S. Business Highway-17, providing visitors to the hotel direct access to all major attractions withinJacksonville as well as major cities as far south as Orlando, Florida and as far north as Winchester, Virginia. Additionally, the hotel is less than 6miles 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 fromthe Jacksonville Mall, the largest shopping mall in Onslow County and Coastal Carolina Community College, which currently enrolls nearly 5,000students. 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, undevelopedbarrier 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 andMorehead City, allows for fast deployments.
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