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8929 Old Number Six Hwy
Santee, SC 29142
Quality Inn & Suites Santee · Hospitality Property For Sale · 48,000 SF

INVESTMENT HIGHLIGHTS

  • Fee Simple Interest in the 2-Property Portfolio of the Quality Inn & Suites and a Vacant Non-Franchised Motel (Total 146 Keys)
  • 106-Room, 2-Building, L-Shaped Quality Inn & Suites Closed Down in 2020 and can Re-Open with Minimal Renovations | Still in Choice Hotels System
  • Expected to Trade at a Fraction of Replacement Cost | Low-Basis with Unparalleled Upside
  • Contiguous Parcels of 4.76 Acres + 1.95 Acres for a Total of an Expansive 6.81-Acre Site
  • 40/43-Room, 1-Building, I-Shaped Independent Rear Building can Re-Open as Rodeway Inn, Howard Johnson, SureStay or Motel 6 upon Comprehensive Reno
  • Historical Comp Set RevPAR Exceeds $49 with Pre-COVID Revenue of $1,300,000+ and 2023 Revenue Projections of $1,700,000+

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 6.84 AC
Building Size 48,000 SF
No. Stories 2
Year Built/Renovated 1968/2022
Tenancy Single
Parking Ratio 1.84/1,000 SF
Corridor Exterior
Zoning Commercial

AMENITIES

  • Business Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Multi-Room Suites

PROPERTY TAXES

  • Listing ID: 26286533

  • Date on Market: 7/29/2022

  • Last Updated:

  • Address: 8929 Old Number Six Hwy, Santee, SC 29142