Holiday Inn Select

Location: South Carolina

Units: 89

NEW LISTING

Property Overview:

The property is a 89 unit Holiday Inn Select. The facility, consist of (1) four-story structure; featuring a spacious lobby, a well appointed F&B facility, meeting space, outdoor swimming pool, guest laundry as well as a fitness room, all of which is situated on +/- 2.05 acres of land with excellent interstate / roadside visibility.

Physical Features:

  1. Recent renovations
  2. Four stories
  3. Meeting space
  4. Spacious lobby
  5. Outdoor pool
  6. Guest laundry

Investment Considerations:

  • Absentee ownership
  • The property has recently undergone a significant renovation / rebranding and should convey to a new owner with a minimal PIP
  • Located in close proximity to a number of demand generators and eateries
  • Located just off a major Interstate
  • Significant upside for a focused Owner / Management Team – based on the current Star Report findings the Subject Property trails its competitive set in Occupancy / ADR and is only archiving a 67.3% RevPAR penetration.

Historical Revenues:

Financial information is available upon request after completion of the required Confidentiality Agreement

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