This Hospitality Property is no longer advertised on LoopNet.com.

2 Broad St
Sumter, SC 29150
Mount Vernon Inn · Hospitality Property For Sale · 86 Rooms

Investment Highlights

  • Fee Simple Interest in the 84-Room, Limited-Service, Exterior-Corridor Hotel
  • Revenue Upside Achievable Upon Completion of Property Improvement Plan to Convert to Franchise Hotel
  • Expansive 2.56-Acre Site in Downtown Sumter with Frontage on State Route 76/378 (12,500 Vehicles Per Day)
  • Ideal Opportunity for Owner-Operator with Manager’s Apartment On-Site | SBA Financing Available
  • Potential Franchise Opportunities May Include Rodeway Inn, Howard Johnson, Travelodge, or SureStay
  • Proven Historical Room Revenue of $600K+ Pre-Renovation & Pre-Franchise Affiliation

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.56 AC
Building Size 36,113 SF
No. Rooms 86
No. Stories 2
Year Built 1950
Parking Ratio 1.66/1,000 SF
Corridor Exterior
Zoning GC

Amenities

  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 86 $37.00 -

Property Taxes

Property Taxes

Parcel Number
228-05-04-010
Land Assessment
$38,810
Improvements Assessment
$66,660
Total Assessment
$105,470
  • Listing ID: 26286517

  • Date on Market: 7/29/2022

  • Last Updated:

  • Address: 2 Broad St, Sumter, SC 29150

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