3986 Byrnes Dr | Saint Stephen, SC 29479
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3986 Byrnes Dr
Saint Stephen, SC 29479
Econo Lodge St Stephen · Hospitality Property For Sale
·
19,921 SF
INVESTMENT HIGHLIGHTS
- Fee Simple Interest in the 50-Unit, Interior-Corridor, Limited-Service Hotel
- $140K Spent on Renovations Recently | Minimal PIP Expected for Purchaser
- Conveniently Located on N Highway 52 with Quick Access to Charleston (48 Miles), Myrtle Beach (84 Miles), and Columbia (101 Miles)
- Rare Opportunity to Purchase Interior-Corridor Asset in Proximity to Charleston SC at a Fraction of Replacement Cost
- Potential USDA or SBA Financing Candidate
- Underperforming Property with 62.5% RevPAR Penetration Index | Opportunity for Hands-On Operator to Increase Revenues
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1999/2004 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.39 AC | Parking Ratio | 3.06/1,000 SF |
| Building Size | 19,921 SF | Corridor | Interior |
| Zoning | ST STEPHEN - commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.39 AC |
| Building Size | 19,921 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1999/2004 |
| Tenancy | Single |
| Parking Ratio | 3.06/1,000 SF |
| Corridor | Interior |
| Zoning | ST STEPHEN - commercial |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 026-10-02-039 | Improvements Assessment | $1,423,700 |
| Land Assessment | $84,800 | Total Assessment | $1,508,500 |
PROPERTY TAXES
Parcel Number
026-10-02-039
Land Assessment
$84,800
Improvements Assessment
$1,423,700
Total Assessment
$1,508,500
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