474 Western BlvdJacksonville, NC 28546

Property Details for 474 Western Blvd

Year built

1988

Lot size

3.88 AC

Property size (Sq ft)

53,478 SF

Zone code

CC

Property type

Industrial properties

APN

46839

APU

46839

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $14,837,359

  Hospitality

  $13,590,941

  Educational

  $11,307,503

  Medical

  $11,696,386

  Retail

  $17,589,450

Location Insight

City

Jacksonville

County

Onslow

State

North Carolina

Latitude

34.7773

Longitude

-77.391

CBSA code

27340

CBSA name

JACKSONVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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