1094 Chris Dr
West Columbia, SC 29169
Hampton Inn Columbia I-26 Airport · Hospitality Property For Sale · 49,708 SF

The Hotel opened in 1985 and the Property underwent extensive renovations from 2017-2018 with ownership investing $2.5+ million ($20,800+/key) of capital expenditures over that period of time. The Hotel is in excellent physical condition and therefore is expected to require minimal capital expenditure to maintain brand standards. The Property features complimentary breakfast, a business center, fitness center, an outdoor pool, high speed internet, and an airport shuttle. The Property is bound by I-26 to its west and Sunset Boulevard to its north affording the hotel excellent visibility from the interstate and direct access to downtown Columbia as well as the metro’s suburban loop. The Property is approximately four miles from Colonial Life Arena, five miles from the South Carolina Statehouse, five miles from the University of South Carolina, six miles from Williams-Brice Stadium, and six miles from the Columbia Metropolitan Airport. The Hampton Inn is located adjacent to I-26, the primary north-south thoroughfare for South Carolina, in West Columbia, just five miles from the University of South Carolina. Perhaps most known for healthcare, West Columbia is home to the state-of-the-art Lexington Medical Center that employs over 6,500 healthcare professionals and recently opened a 545,000-square-foot patient care tower, solidifying the submarket as one of the preeminent healthcare hubs in the state. The Property is positioned in a high growth area within 5-mile radius; Population Growth from 2010-2019 was ±14.58% and anticipated to continuing growing ±5.85% from 2019-2024. The Property’s 2019 demographics show approximately ±143,616 individuals residing within a five-mile radius of the property and an average household income of ±$59,907. In 2019, the total estimated specified consumer spending within a 5-mile radius of the Property accounts for ±$1,225,249,000 and there are ±10,252 businesses and ±130,643 employees. The Hampton Inn Columbia I-26 offers investors the opportunity to purchase a cash flowing hospitality asset with minimal capital expenditures required to maintain brand standards.