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Wingate by Wyndham Southport 1511 N Howe St 84 Room Hotel Southport, NC 28461 $11,809,538 CAD ($140,590 CAD/Room)
Investment Highlights
- Renovated in 2020 with a Property Refresh Completed in 2022
- Strategically Located Along North Howe Street (NC-211), a Major Commercial Corridor in Southport with Strong Year-Round Visibility
- Coastal Location Just Minutes from Oak Island, Bald Head Island Ferry Terminal, and the Historic Downtown Southport Waterfront
- Wingate by Wyndham Offers Immediate Operational Stability with Optionality for Rebranding to Marriott, Hilton, or IHG Select-Service Flags
- Situated Near Key Demand Generators Including Southport-Fort Fisher Ferry Terminal, Dosher Memorial Hospital, and Brunswick Community College
- Strong Tourism-Driven Market with Seasonal Demand Bolstered by Local Events Such as the North Carolina 4th of July Festival and Year-Round Beach Trave
Executive Summary
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. Other brand available to convert such as Spark, City Studio, Garner, ALoft, HIEXP and many more. Very limited PIP to keep as a Wingate Brand to maximize the return on the investment.
Contact Akshat Patel at yourprimesource@aol.com to learn more about the Property and to get access to the offering memorandum.
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. Other brand available to convert such as Spark, City Studio, Garner, ALoft, HIEXP and many more. Very limited PIP to keep as a Wingate Brand to maximize the return on the investment.
Contact Akshat Patel at yourprimesource@aol.com to learn more about the Property and to get access to the offering memorandum.
Property Facts
| Price | $11,809,538 CAD | Lot Size | 1.10 AC |
| Price Per Room | $140,590 CAD | Building Size | 56,768 SF |
| Sale Type | Investment | No. Rooms | 84 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 2009/2021 |
| Building Class | B | Corridor | Interior |
| Zoning | HC | ||
| Price | $11,809,538 CAD |
| Price Per Room | $140,590 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.10 AC |
| Building Size | 56,768 SF |
| No. Rooms | 84 |
| No. Stories | 4 |
| Year Built/Renovated | 2009/2021 |
| Corridor | Interior |
| Zoning | HC |
Amenities
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 9 | $237.53 CAD | - |
| Guest Room | 75 | $189.75 CAD | - |
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Property Taxes
| Parcel Number | 221MA03303 | Improvements Assessment | $9,202,163 CAD |
| Land Assessment | $473,021 CAD | Total Assessment | $9,675,184 CAD |
Property Taxes
Parcel Number
221MA03303
Land Assessment
$473,021 CAD
Improvements Assessment
$9,202,163 CAD
Total Assessment
$9,675,184 CAD
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Wingate by Wyndham Southport | 1511 N Howe St
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