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

705 Washington St
Darlington, SC 29532
Raceway Inn Darlington - Re-Brand Opportunity · Hospitality Property For Sale · 21,522 SF

INVESTMENT HIGHLIGHTS

  • Fee Simple Interest in the 56-Unit, Two-Story, Limited-Service, Interior-Corridor, Non-Franchised Hotel in Darlington, SC
  • 1.61-Acre Site located 10 Miles Northwest of Florence, SC with Frontage on US-52 Towards Charlotte, NC
  • Hotel Available in As-Is Condition with a Pro-Forma Valuation Based on Room Revenue Projections After Renovation and Stabilization
  • Potential Conversion Opportunities from Choice Hotels, Wyndham Worldwide, or Best Western Hotels May be Offered with Incentives
  • Closest Hotel to Darlington Raceway, Which is Home to Five Professional NASCAR Events in 2023
  • Projection-based SBA 7A Loan or Seller Financing May be Available to Qualified Purchaser with 25%-30% Down Payment

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.61 AC
Building Size 21,522 SF
No. Stories 2
Year Built 1980
Parking Ratio 0.19/1,000 SF
Corridor Interior

AMENITIES

  • Pool
  • High Speed Internet Access
  • Public Access Wifi

PROPERTY TAXES

  • Listing ID: 27294675

  • Date on Market: 12/12/2022

  • Last Updated:

  • Address: 705 Washington St, Darlington, SC 29532