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This Hotel is situated prominently on Marine Blvd. It is ready for some light rehab work to get the site prepared to either be reborn as a Hotel or to convert into Efficiency apartment units, providing affordable housing.
There are 114 Rooms, a well appointed lobby, 2 Ball rooms, restaurant space, Bar / nightclub by the pool and fitness center. The hotel has 4 floors of exterior corridor entry rooms, a central elevator area with two guest elevators and one service elevator.
This Hotel Sites on 2.48 acres of real estate in Downtown Jacksonville and minutes to the Base.
Excellent opportunity for Market Entry for a new hotelier or multifamily rehabilitation.
This 34,600 sf building located along Lejune Blvd / Highway 24 is a three unit building, one of which are leased at present. (Call for more information on leases, financials and maintenance history.) With the major tenant being a furniture retailer, and two vacancies this investment opportunity provides upside immediately.
Located in-between two of Camp Lejunes Entrances (From the corner of Western Blvd and 24 as well as Corbin Street and 24) this opportunity sits one lot from the intersection of Corbin Street and Highway 24. Highway 24 is a major road that heads to Moorhead City/Carteret County.
The rear of the property is accessible from Liberty Street and has a shared parking field for employees of the current tenants. The 7,000 sf is listed for lease at $7.00 gross which would add a net of $28,000.00 after NNN reimbursement as upside.
Our current offering DOES NOT ACCOUNT FOR POTENTIAL INCOME meaning that we are based on Actual NOI, therefore once leased this investment CAP will rise accordingly.
Landlord and Tenants are working to secure some extra term to provide a new owner with long term leases in place.
For further information on the property please contact us.
This 6.65 Acre tract of land is located at the corner of Western Blvd and Highway 17 in Jacksonville.
The property has no major topography issues, and is flat
The property has an entrance from Parkwood Drive and has the ability to have a right in / right out off of Highway 17. DOT is currently expanding the intersection of Highway 17 and Western. The property will not be adversely affected by this work.
Well Positioned and Highly Visible this property is ready to be redeveloped. It is located across from the Walmart Super Center, and Adjacent to the Baymont Inn.
Property is Zoned CC in Jacksonville’s most recent zoning update.
Owner is in receipt of a clean Phase 1 Environmental Assessment.