Wingate by Wyndham - Southport, NC
Well below Replacement Cost and Turn Key Operations - Great Real Estate Investment in Coastal Market
Marketing description
Prime Source Properties is pleased to offer for sale the fee simple interest in the 84-room Wingate by Wyndham located in Southport, North Carolina. The property is a four-story, limited-service hotel positioned along North Howe Street (NC-211), a key commercial corridor providing direct access to Oak Island, Downtown Southport, and other major regional demand drivers. The hotel benefits from convenient proximity to the Southport-Fort Fisher Ferry Terminal, Dosher Memorial Hospital, and Brunswick Community College—three of the market’s primary sources of consistent year-round demand.
The asset is further supported by strong visibility, ample parking, and access to the area’s robust leisure and healthcare-driven travel base. With its location just minutes from beaches, historic waterfront attractions, and ferry routes, the hotel attracts a diverse mix of transient leisure travelers, medical visitors, and extended-stay guests.
Currently operating under the Wingate by Wyndham brand, the property presents investors with flexibility to continue under the existing flag or pursue a strategic rebrand to a higher-tier select service franchise within the Marriott, Hilton, or IHG families. The hotel was renovated in 2020/2021 with a subsequent refresh in 2024/2025 and is offered unencumbered by management, enabling operational upside and immediate value creation through repositioning or improved revenue management.
The Wingate by Wyndham Southport represents a rare opportunity to acquire a well-maintained, 84-room asset in a high-growth coastal market with strong fundamentals and brand conversion potential. Very limited PIP to keep as a Wingate Brand to maximize the return on the investment.
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Investment highlights
Renovated in 2020 with a Property Refresh Completed in 2022 and 2024/25
Wingate by Wyndham Offers Immediate Operational Stability with Optionality for Rebranding to Marriott, Hilton, or IHG Select-Service Flags
Very limited PIP to keep as a Wingate Brand to maximize the return on the investment.
Strategically Located Along North Howe Street (NC-211), a Major Commercial Corridor in Southport with Strong Year-Round Visibility
Situated Near Key Demand Generators Including Southport-Fort Fisher Ferry Terminal, Dosher Memorial Hospital, and Brunswick Community College
Coastal Location Just Minutes from Oak Island, Bald Head Island Ferry Terminal, and the Historic Downtown Southport Waterfront
Strong Tourism-Driven Market with Seasonal Demand Bolstered by Local Events Such as the North Carolina 4th of July Festival and Year-Round Beach Travel
Offered Unencumbered by Management, Providing Flexibility for a New Owner to Implement Operational Efficiencies or Brand Conversion
Ample Parking, Excellent Access, and Visibility to Passing Traffic Along NC-211, Which Has an Average Annual Daily Traffic (AADT) Count of Over 21,000 Vehicles Per Day
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