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La Quinta Inns & Suites Charleston Riverview 11 Ashley Point Dr 174 Room Hotel Charleston, SC 29407 For Sale
INVESTMENT HIGHLIGHTS
- Opportunity to acquire a corporate-owned, 174- room, La Quinta Inn & Suites that is strategically located by the Ashley River, minutes from downtown.
- Due to the current operator's global scale and overhead, this project presents significant potential upside for a more hands-on operator to cut costs.
- The hotel will be delivered with no PIP required for the new ownership until January 2027.
EXECUTIVE SUMMARY
CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the corporate-owned La Quinta Inn & Suites in Charleston, South Carolina. Conveniently located off the James Island Expressway by the Ashley River, the hotel provides easy access to the College of Charleston, The Citadel, Charleston International Airport, and the historic downtown Charleston, including the French Quarter, Charleston City Market, and Waterfront Park. Thanks to its prime location, the 174-room hotel receives business from a diverse population of both business, college, and leisure segments.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 174 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1987/2015 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.79 AC | Corridor | Interior |
| Building Size | 69,996 SF | ||
| Zoning | GB - General Business | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.79 AC |
| Building Size | 69,996 SF |
| No. Rooms | 174 |
| No. Stories | 4 |
| Year Built/Renovated | 1987/2015 |
| Tenancy | Single |
| Corridor | Interior |
| Zoning | GB - General Business |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 5 | $139.00 | - |
| Guest Room | 169 | $96.00 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $634,630 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$634,630
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La Quinta Inns & Suites Charleston Riverview | 11 Ashley Point Dr
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