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Holiday Inn Spartanburg Northwest 160 Simuel Rd 89 Room Hotel Spartanburg, SC 29303 $10,850,000 ($121,910/Room) 9.60% Cap Rate
Executive Summary
Holiday Inn investment opportunity in Spartanburg, South Carolina. This 89 room hotel offers investors the chance to acquire a branded hospitality asset with upside potential through improved operations and management. Well located within an active lodging market, the property benefits from access to business, transient, and regional travel demand.
This is a confidential offering. Additional information, including financials and due diligence materials, will be provided to qualified purchasers upon signing a confidentiality agreement.
Please do not disturb guests, employees, or on-site management.
This is a confidential offering. Additional information, including financials and due diligence materials, will be provided to qualified purchasers upon signing a confidentiality agreement.
Please do not disturb guests, employees, or on-site management.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $10,850,000 | Building Size | 72,779 SF |
| Price Per Room | $121,910 | No. Rooms | 89 |
| Sale Type | Investment | No. Stories | 4 |
| Cap Rate | 9.60% | Year Built | 1997 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 1.92/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 2.05 AC | ||
| Zoning | Commercial | ||
| Price | $10,850,000 |
| Price Per Room | $121,910 |
| Sale Type | Investment |
| Cap Rate | 9.60% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.05 AC |
| Building Size | 72,779 SF |
| No. Rooms | 89 |
| No. Stories | 4 |
| Year Built | 1997 |
| Tenancy | Single |
| Parking Ratio | 1.92/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Bar
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 9 | $131.00 | - |
| Guest Room | 80 | $111.00 | - |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 6-13-02-009.02 | Improvements Assessment | $191,730 (2025) |
| Land Assessment | $24,204 (2025) | Total Assessment | $215,934 (2025) |
Property Taxes
Parcel Number
6-13-02-009.02
Land Assessment
$24,204 (2025)
Improvements Assessment
$191,730 (2025)
Total Assessment
$215,934 (2025)
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Smit Patel
Holiday Inn Spartanburg Northwest | 160 Simuel Rd
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