70 Wallace Martin Dr - Hospitality FOR SALE


Hinesville, GA 31313
$3,750,000 USD
561-227-2676
70 Wallace Martin Dr, Hinesville, GA for Sale
$3,750,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

70 Wallace Martin Dr
Hinesville, GA 31313


HIGHLIGHTS

  • 65 Rooms
  • ~2.02 Acres
  • Fully renovated in 2023, leaving minimal Property Improvement Plan (PIP) costs expected for new ownership.
  • Opportunity to significantly increase revenue and reduce expenses through hands-on operations.
  • Property is located ~3 miles to Fort Stewart, one of the biggest demand generators in the area, so there’s a steady flow of guests: military personnel
  • Located approximately 45 minutes away from Savannah, GA

OVERVIEW

Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 65-room Clarion Pointe, located in Hinesville, Georgia. The property is a two-story, limited-service, hotel that is directly off of Wallace Martin Drive and conveniently located within close proximity to East Oglethorpe Highway, providing ease of access to commuters along one of Hinesville’s main thoroughfares. The property benefits from consistent occupancy demand fueled by its close proximity to Fort Stewart, regional military personnel, and business travelers. Its central Hinesville location also offers convenient access to local dining, shopping, and entertainment options, positioning it as an appealing option for both transient travelers and long-term guests. The Clarion Pointe Hinesville Near Fort Stewart offers investors the opportunity to acquire a 65-room property in an established and growing market. The sellers are encouraging all offers!

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$104 USD /SF

# OF ROOMS

65

PRICE/ROOM

$57,692 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clarion Pointe Hinesville near Fort Stewart

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1998

PARKING SPACES

76

LAND DETAILS

LAND ACRES

2.08 AC

LAND SF

90,605 SF

ZONING

B2

APN/PARCEL ID

069C-034

ASK ABOUT THIS PROPERTY

Ely SilversteinCushman & WakefieldMore Info
561-227-2676

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Ely SilversteinCushman & WakefieldMore Info
561-227-2676

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