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Browse More Listings in Hotel & Motel For Sale, Walterboro, SC or South Carolina

Hotel / Motel For Sale

South Carolina Sleep Inn

3043 Hiers Corner Rd, Walterboro, SC 29488

Price:
$2,750,000
No. Rooms:
56
Building Size:
50,000 SF
Price/Room:
$49,107.14
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Commission Split:
1%
Cap Rate:
10%
Average Daily Rate:
$75
Average Occupancy:
75%
Find Out More...

Last Verified 10/29/2009 Listing ID 16082453

Description

Well Located and visible from main Highway I-95
Hwy 95 Corridor stable property,
Great upside for an owner operator!

Number One Rated Sleep Inn in South Carolina!
Exit does not have competition, all other properties exterior corridors, this hotel is the best and cleanest on the exit.

Jan- May 2009 Numbers are better than same period in 2008.
SBA Loan possible with 25% down.

56 Rooms, (set up for expansion) Built in 2001.
2 Lots of record
In top tier of Sleep Inns nationally (Number 1 in SC)

Please email or fax the attached confidentiality for full financials.

Located on exit 57, I-95 north bound, appx 40 miles west of Charleston SC, 50 miles north of Savannah,

Map of 3043 Hiers Corner Rd, Walterboro, SC 29488 (Colleton County)

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Presented by

Florida Property Group Associates

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Contact Listing Broker

KJ Singh (321) 438-5001

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Created 1/30/2009

Additional Information for 3043 Hiers Corner Road, Walterboro, SC 29488

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - South Carolina Sleep Inn

3043 Hiers Corner Rd, Walterboro, SC, 29488