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450 Warren Mason Boulevard - M-Star Brunswick, Brunswick, GA

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450 Warren Mason Boulevard - M-Star Brunswick

Brunswick, GA 31520-1227

Property Type:Hospitality Number of Rooms:116 Status:Existing Year Built:1985
Stories:1 Building Size:37,000 SF Land Area:4.6 AC (200,376 SF)
For Sale Price:$895,000 Price/Room:$7,716 Cap Rate:13.00 %

Parking:3.94 Parking Spaces / 1,000 SF

Sale Notes:
Great value-add mote investment at heavily-traveled I-95 interchange. This property is 116 units and formerly operated as a Knights Inn, now know as the M Star Brunswick Hotel. The property is adjacent to a large full-service gas station, KFC restaurant, and many other nearby supporting food & beverage venues. Owner has recently invested over $200,000 in renovation to lobby, roof, and 20 guestrooms located in front building. Remaining buildings ready for renovation, with demand already in place.

Guestrooms feature 32-inch flat screen TVs, coffee maker, and hair dryer.

20 Room Renovation Just Completed
Great Location at Heavily-Traveled I-95 Interchange
Convenient Ingress/Egress with ample parking
Proximate to Restaurants Great Value-Add Motel
Nearly $200k in Assumable Financing

Brown Brothers Realty
Adam Brown
(904) 517-9494

Ian A Brown
(904) 203-4133 x11

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