Property Overview
Price/Rent PSF $ 1,800,000.00
Asset Type Hospitality
Trade Type Sale
SQ. FT. Available 27,200
Date Available 04/03/2019
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Floors 2
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Description

Location
Located by Georgia's south east coast home of the Naval Submarine Base Kings Bay and just 25 miles north of Jacksonville FL. Off I-95, Exit 3. 2 miles to downtown Kingsland, 15 minutes from St Mary’s Historic District, and just 20 miles from Cumberland Island.

Sale
Newly renovated 2 story Super 8 by Wyndham. 74 rooms plus manager apartment.
The property sits on 1.64+ acres off busy E King Ave, within walking distance to restaurants.
Very well maintained and managed hotel renovated in 2017 (see full list in OM).
Manager apartment with 2 bedrooms/2 bath, living area and kitchen.
Half of the rooms with king bed and half with double rooms.
Being offered below replacement cost. Totally renovated (walls, electrical, roof, etc). Concrete block structure.
New developments taking place now: new technical college, Starbucks, Panera Bread, 2 new gas stations
Epic Adventures 480 acres development also in the works.

Location