2115 N MARINE BLVD

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2115 N MARINE BLVD

JACKSONVILLE, NC 28546-6918
Asking Price
$6.75M
Cap Rate
5.83%
Asset Type
Hotel Hospitality
Class
Class B

What's Special

Value-Add Military Market Hotel with Upside <p><strong style="color: rgba(0, 0, 0, 1)"><u>Property Highlights: </u></strong></p><ul><li>​<span style="color: rgba(0, 0, 0, 1)">Clarion Pointe Jacksonville Near Camp Lejeune, A Choice Hotel </span></li><li>​<span style="color: rgba(0, 0, 0, 1)">115 Rooms | 4 Stories | Interior Corridor </span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Year Built - 1985 </span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Fully Renovated (Completed in 2022) </span></li><li>​<span style="color: rgba(0, 0

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NOI
$80,000
Cap Rate
1.19%
DSCR
0.20
Underwater
Cash-on-Cash
-15.84%
Monthly Payment
$33,395.317
Annual Cash Flow
$-320,743.805

Location & Travel Times