1062 Crossroads Church Rd
Manning, SC 29102
Super 8 Manning · Hospitality Property For Sale · 10,964 SF

Please do not disturb the hotel guests or employees. Please contact the listing broker with any inquires. Property tours are available April 5th. Please contact the listing broker to schedule. Investment Highlights: Recent renovation in 2017 T12 Occupancy 63.8%, ADR $60.45, RevPAR $38.58 (as of 12-31-17) 3 Bedroom onsite owner suite Wyndham branding Direct access to Interstate 95 Investment Overview: Ten-X and Marcus & Millichap are pleased to present a 37-room Super 8 hotel located in Manning, South Carolina. The property is a 2-story interior corridor hotel, which includes a three-bedroom / two-bathroom apartment. The property sits on a 1.6 acre site with additional land available for future development. This hotel has excellent visibility and is adjacent to Interstate 95. The current seller recently completed extensive renovations in 2017, leaving a new owner with a minimal change of ownership PIP. The hotel is currently the comp set leader in RevPAR penetrating 111.4%, with trailing twelve revenues in excess of $530K. The property represents a great opportunity for an owner / operator to manage a recently renovated hotel with low overhead and live onsite. Manning is loca The property represents a great opportunity for an owner / operator to manage a recently renovated hotel with low overhead and live onsite. Manning is located in central South Carolina in Clarendon County about 48 miles south of Florence, South Carolina and 35 miles north of Interstate 26. As the Clarendon County Seat, not only is Manning celebrated for its rich history and small town charm, but it also boasts year round moderate climate, modern day services and conveniences, easy access to local government agencies, endless outdoor recreation opportunities, boutique shops and restaurants, great health care facilities, low property taxes, and low cost of living. As the home of the newly restored Weldon Auditorium, Manning is also the cultural center of the region. Its convenient access to the Interstate-95 corridor, to the South Carolina's four largest cities (Charleston, Columbia, Florence and Myrtle Beach), and to many other attractions.