Hospitality Business for Sale in Southport, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Southport, NC 28461
  • Year built: 2019

Description

Marcus & Millichap have been exclusively retained to offer for sale the fee simple interest in the 88-room Hampton Inn & Suites located in Southport, North Carolina, a city in the southeastern portion of the state in the Cape Fear Region. The hotel is a four-story property built in 2019. It was built to replace the older Hampton Inn in the market, which was converted to Fairfield Inn & Suites. Hampton Inn & Suites Southport provides the opportunity for a new owner to acquire a recently constructed, premium, core-branded Hilton hotel with potential to realize significant RevPAR growth through revitalized operations and continued utilization of the Hilton name, reservation system, and loyal base of guests. Investment Highlights: • Newest Hotel in the Market (2019 Build) • Positive Trailing 12-Month RevPAR Trend ($107.39 RevPAR) • Historically Strong and Stable Net Operating Income • Located in Brunswick County, the Fastest Growing County in North Carolina • Proximate to US Military Ocean Terminal Sunny Point, Dosher Memorial Hospital, Brunswick Nuclear Plant, Archer Daniels Midland, and North Carolina Maritime Museum of Southport

Market Context

This hospitality in Southport, NC is listed for sale. The building dates to 2019. It has been on the market for 54 days. Compare it against other hospitality listings for sale in Southport, NC — <a href="/search/sale/hospitality/north-carolina/southport">view the full market</a>.

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