211 Palisade Dr - Hospitality FOR SALE


Brunswick, GA 31523
$2,500,000 USD
732-910-6722
211 Palisade Dr, Brunswick, GA for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/8
null | 7% Cap Rate

211 Palisade Dr
Brunswick, GA 31523


HIGHLIGHTS

  • • Built in 1997 / Renovated in 2024
  • • $215,000+/- in Recent Renovations
  • • 4-Room Manager’s Apartment
  • • Minimal PIP
  • • Located in the Brunswick Metropolitan Statistical Area
  • • Ideal Room Count for an Owner Operator

OVERVIEW

OFFERING OVERVIEW: DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Super 8 by Wyndham Brunswick South, located in Brunswick, Georgia, is a two-story, 52-room exterior-corridor hotel strategically positioned directly off Interstate 95, providing immediate access to the primary north–south travel corridor serving the Southeast. Originally constructed in 1997, the property is situated on approximately 1.25+/- acres and benefits from strong visibility and proximity to multiple regional demand generators. Hotel guest types include leisure and business travelers, healthcare professionals, travelers on I-95, construction workers, snowbirds, and sports teams. This offering presents a unique opportunity to acquire a recently renovated cash-flowing hotel asset with significant upside for a new owner. PROPERTY OVERVIEW: The subject property remains in good condition, supported by recent renovations and an ongoing capital improvement plan. A change-of-ownership Property Improvement Plan (PIP) is estimated to cost approximately $125,000+/-, though this figure is only a preliminary estimate. *The actual PIP requirements must be verified directly with Wyndham, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership. The Recipient is solely responsible for independently verifying all such matters. All information is deemed reliable but not guaranteed, and DSH Hotel Advisors has not inspected the property; no representations are made regarding the asset’s physical condition or the accuracy of financials or documents. DEMAND GENERATORS & TOURISM: The subject property located in Brunswick, GA is conveniently located adjacent to Interstate-95 roughly halfway between Savannah, GA and Jacksonville, FL. Situated along the southeastern coast of Georgia, Glynn County is comprised of the city of Brunswick, and a series of barrier islands known as the “Golden Isles,” Jekyll Island, Sea Island, St. Simmons Island, and Little St. Simons Island. Between historic downtown Brunswick, the quiet white sand beaches of Jekyll Island, vibrant boutiques and restaurants of St. Simons Island, virtually untouched natural beauty of Little St. Simons Island, and the luxurious and private Sea Island, there is something for all kinds of vacationers. Tourism to the Golden Isles is up 110% in the past decade and continues to bring over 4 million annual visitors. Aside from tourism, other major demand generators include the Brunswick Port and Federal Law Enforcement Training Centers (FLETC). Property Highlights: • 52-Room Super 8 by Wyndham Brunswick South/I-95 • Built in 1997 / Renovated in 2024 • Multiple Diverse Demand Generators • Situated on 1.25+/- Acres of Land • $215,000+/- in Recent Renovations • Ideal Room Count for an Owner Operator • 4-Room Manager’s Apartment • Amenities Include: Outdoor Pool, Pet Friendly, Free WiFi, Truck Parking Location Highlights: • 4 Miles to Port of Brunswick • 6 Miles from Jekyll Island (Entrance) • 9 Miles from College of Coastal Georgia • 10 Miles from St. Simons Island (Entrance) • 11 Miles from FLETC Campus • Located in the Brunswick Metropolitan Statistical Area Financial Highlights: • YE 2024 Room Revenue of $598,641 • YE 2024 Net Operating Income of $174,920 • YE 2025 Room Revenue of $569,186 • Year 1 Room Revenue Projection of $719,335 • Year 1 Projected NOI of $229,057 • Year 1 Projected Occupancy / ADR / RevPAR of 59.60% / $63.59 / $37.90 • Minimal PIP

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$104 USD /SF

# OF ROOMS

52

PRICE/ROOM

$48,077 {currency}

CAP RATE

7%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 Brunswick/South I95

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1997

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

PD-G

APN/PARCEL ID

03-12642

ASK ABOUT THIS PROPERTY

Dylan AminDSH Hotel AdvisorsMore Info
732-910-6722

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Dylan AminDSH Hotel AdvisorsMore Info
732-910-6722

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.