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Hotel-Motel

Super 8 by Wyndham Florence

1832 1/2 W Lucas St, Florence, SC 29501

Listing Price: $3,150,000

Cap Rate
10.41%
Number of Rooms
66
RevPAR
$37
Gross SF
37,168
Price/Room
$47,727
RRM
3.46
Price/Gross SF
$84.75
Year Built
1991

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the Super 8 by Wyndham Florence, located in Florence, South Carolina. The 66-unit property is ideally located directly off I-95, 4 miles north of the intersection of I-95 & I-20, which serves as the halfway point between New York and Miami. Common area amenities include complimentary on-site parking, 24-hour front desk, snack and travel essentials shop, complimentary breakfast, and a seasonal outdoor swimming pool. Each guest room is equipped with free Wi-Fi, ?at-screen TV, desk with chair, microwave, refrigerator, and private bathroom.

The Super 8 by Wyndham Florence is located in Florence, South Carolina, centrally located from major metros including Columbia (80 mi), Myrtle Beach (82 mi), Wilmington (131 mi), Charleston (133 mi), and Augusta (152 mi). Florence offers a southern city blossoming with entertainment and historical sites. Top local attractions include Florence County Museum, Magnolia Mall, Timrod Park, Florence Veterans Park, Woods Bay State Natural Area, among many golf courses and outdoor attractions. Darlington Raceway, 8.5 miles away, is home to the NASCAR Cup Series as well as the X?nity Series and seats 47,000 individuals. The raceway draws in thousands of fans to the area for the Southern 500 along with hosting events year-round. Located just 54 miles away, Shaw Air Force Base, a 3,466-acre base, home to the 20th Fighter Wing, 9th Air Force Headquarters, and the largest combat F-16 ?ghting wing. The Shaw Air Force Base is one of the largest single site employers in South Carolina and is home to more than 5,400 military members, as well as their family members, and hundreds of civilian employees. Colleges in the area include Francis Marion University, Florence-Darlington Technical College & Cocker University.

Investment Highlights

  • Fee-simple interested in the 66-unit, Super 8 by Wyndham Florence located in Florence, South Carolina
  • Conveniently right off the highly trafficked Interstate 95 at the intersection of Highway 52 | Close proximity to all demand generators
  • McLeod Regional Medical Center (3.4 mi) | Employs more than 15,000 individuals, 2,700 registered nurses, and 850 physicians
  • Shaw Air Force Base (51 mi) | 3,466-acre base and home to 17,000+ individuals including military members, families, and civilian employees
  • Higher Education | University of South Carolina - Sumter, Central Carolina Technical College, and Morris College
  • Attractions | Magnolia Mall (4 mi) |Florence Center (4.7 mi) | Darlington Raceway (8.5 mi) | Florence Motor Speedway (10 mi)
  • Nearby Major Metros | Columbia (80 mi) | Myrtle Beach (82) | Wilmington (131) | Charleston (133 mi) | Augusta (152 mi)

Exclusively Listed By

Financing By

Hotel-Motel

Super 8 by Wyndham Florence

Listing Price: $3,150,000

Cap Rate
10.41%
Number of Rooms
66
RevPAR
$37
Gross SF
37,168
Price/Room
$47,727
RRM
3.46
Price/Gross SF
$84.75
Year Built
1991

Investment Highlights

  • Fee-simple interested in the 66-unit, Super 8 by Wyndham Florence located in Florence, South Carolina
  • Conveniently right off the highly trafficked Interstate 95 at the intersection of Highway 52 | Close proximity to all demand generators
  • McLeod Regional Medical Center (3.4 mi) | Employs more than 15,000 individuals, 2,700 registered nurses, and 850 physicians
  • Shaw Air Force Base (51 mi) | 3,466-acre base and home to 17,000+ individuals including military members, families, and civilian employees
  • Higher Education | University of South Carolina - Sumter, Central Carolina Technical College, and Morris College
  • Attractions | Magnolia Mall (4 mi) |Florence Center (4.7 mi) | Darlington Raceway (8.5 mi) | Florence Motor Speedway (10 mi)
  • Nearby Major Metros | Columbia (80 mi) | Myrtle Beach (82) | Wilmington (131) | Charleston (133 mi) | Augusta (152 mi)

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the Super 8 by Wyndham Florence, located in Florence, South Carolina. The 66-unit property is ideally located directly off I-95, 4 miles north of the intersection of I-95 & I-20, which serves as the halfway point between New York and Miami. Common area amenities include complimentary on-site parking, 24-hour front desk, snack and travel essentials shop, complimentary breakfast, and a seasonal outdoor swimming pool. Each guest room is equipped with free Wi-Fi, ?at-screen TV, desk with chair, microwave, refrigerator, and private bathroom. The Super 8 by Wyndham Florence is located in Florence, South Carolina, centrally located from major metros including Columbia (80 mi), Myrtle Beach (82 mi), Wilmington (131 mi), Charleston (133 mi), and Augusta (152 mi). Florence offers a southern city blossoming with entertainment and historical sites. Top local attractions include Florence County Museum, Magnolia Mall, Timrod Park, Florence Veterans Park, Woods Bay State Natural Area, among many golf courses and outdoor attractions. Darlington Raceway, 8.5 miles away, is home to the NASCAR Cup Series as well as the X?nity Series and seats 47,000 individuals. The raceway draws in thousands of fans to the area for the Southern 500 along with hosting events year-round. Located just 54 miles away, Shaw Air Force Base, a 3,466-acre base, home to the 20th Fighter Wing, 9th Air Force Headquarters, and the largest combat F-16 ?ghting wing. The Shaw Air Force Base is one of the largest single site employers in South Carolina and is home to more than 5,400 military members, as well as their family members, and hundreds of civilian employees. Colleges in the area include Francis Marion University, Florence-Darlington Technical College & Cocker University.

Exclusively Listed By

Financing By

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