Sleep Inn

Price: $3,550,000

Location: SC

Units: 75


Property Overview:

The Sleep Inn  is ideally located just of Interstate 95 in South Carolina and situated within close proximity to several area demand generators.

The property is a 75-unit limited-service Sleep Inn. The facility, built in 2001, is a three story structure consisting of 75 interior corridor guestrooms, large spacious lobby, breakfast room, business center, fitness center, meeting room, and guest laundry, all of which is situated on +/- 2.03 acres of land.

Physical Features: 

  1. Interior corridor
  2. +/- 2.03 acres of land
  3. 3 story building
  4. Bus parking
  5. Built in 2001 with recent renovations

Investment Considerations:

  1. Located within close proximity to several leisure, and educational demand generators
  2. Room revenue is trending upwards for the first (5) months of 2021
  3. Recent renovations
  4. The property is being offered without management encumbrances
  5. Excellent roadside visibility
  6. Significant discount to replacement cost – Priced at $47,333 per unit