561-227-2677
3604 Market St, Wilmington, NC for Sale
Hospitality - FOR SALE
1/8
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3604 Market St
Wilmington, NC 28403


HIGHLIGHTS

  • Prime Market Street location with easy commuter access
  • Minutes from downtown Wilmington & Wrightsville Beach
  • Strong demand from leisure, business & UNCW guests
  • 62-room independent hotel with growth potential

OVERVIEW

Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 62-room Coastal Suites, located in Wilmington, North Carolina. The property is an independent, 2-story, limited-service hotel that is situated directly off of Market Street, providing ease of access to commuters along one of Wilmington’s main thoroughfares. Positioned just minutes from historic downtown Wilmington, Wrightsville Beach, and the University of North Carolina Wilmington (UNCW), the property benefits from strong year-round demand driven by leisure travelers, business guests, and university-related activity. The Coastal Suites offers investors the opportunity to acquire a 62-room, independent property in an established and growing market with exceptional upside opportunity.

FOR SALE DETAILS

PRICE

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# OF ROOMS

62

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coastal Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

O&I

APN/PARCEL ID

R04913-010-004-001

ASK ABOUT THIS PROPERTY

Christopher PasseggiataCushman & WakefieldMore Info
561-227-2677

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Christopher PasseggiataCushman & WakefieldMore Info
561-227-2677

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