8929 Old Number Six Hwy | Santee, SC 29142
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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 | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1968/2022 |
| Building Class | B | Tenancy | Single |
| Lot Size | 4.85 AC | Parking Ratio | 1.84/1,000 SF |
| Building Size | 48,000 SF | Corridor | Exterior |
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.85 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
| Parcel Number | 0324-17-01-006.000 | Improvements Assessment | $69,342 |
| Land Assessment | $32,358 | Total Assessment | $101,700 |
PROPERTY TAXES
Parcel Number
0324-17-01-006.000
Land Assessment
$32,358
Improvements Assessment
$69,342
Total Assessment
$101,700
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