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Hotel-Motel

Baymont Cheraw

710 Market St, Cheraw, SC 29520

Listing Price: $3,100,000

Cap Rate
8.88%
Number of Rooms
72
RevPAR
$28
Gross SF
27,257
Price/Room
$43,056
RRM
4.15
Price/Gross SF
$113.73
Year Built
1952

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 72-unit, Baymont Cheraw, located in Cheraw, South Carolina. The subject property is located on 2.15 acres and features 2 floors of well-maintained guest rooms. Common area amenities include complimentary continental breakfast, fitness center, 24-Hour front desk, free on-site parking, shared lounge area with TV, and guest-laundry facilities. Each guest room is equipped with free Wi-Fi, cable TV, microwave, refrigerator, desk with chair, and private bathroom. The Baymont is ideally located along Highway-52, with easy access to all demand generators in historic Cheraw, which has been nicknamed “The Prettiest Town in Dixie.” Cheraw is centrally located with ease of access to larger metros, including Columbia and Myrtle Beach in South Carolina, and Wilmington, Fayetteville, and Charlotte in North Carolina. Visitors can easily access nearby demand generators including Lyceum Museum, Riverside Park, Northeastern Technical College, Cheraw Community Center, Cheraw State Park Golf Course, and McLeod Health Cheraw. The subject property is a short drive to the Cheraw historic district where you can follow in jazz legend, Dizzy Gillespie’s footsteps. Situated in Cheraw, this motel is within 20 miles of Marlboro Country Club, Marlboro County Historical Museum, and Lake Wallace. National Railroad Museum and Coker College are also within 32 miles.

Investment Highlights

  • Fee Simple Interest in the 72-unit, Baymont Cheraw, Located in Cheraw, South Carolina
  • Located Along US-Highway 1 & US-Highway 52 | Close Proximity to All Demand Generators
  • Centrally Located | Columbia (89 mi), Charlotte (74 mi), Fayetteville (74 mi), & Myrtle Beach (102 mi)
  • Nearby Attractions | Cheraw Municipal Airport, Northeastern Technical College, H. Cooper Black Jr. Memorial Field Trial & Recreation

Exclusively Listed By

Hotel-Motel

Baymont Cheraw

Listing Price: $3,100,000

Cap Rate
8.88%
Number of Rooms
72
RevPAR
$28
Gross SF
27,257
Price/Room
$43,056
RRM
4.15
Price/Gross SF
$113.73
Year Built
1952

Investment Highlights

  • Fee Simple Interest in the 72-unit, Baymont Cheraw, Located in Cheraw, South Carolina
  • Located Along US-Highway 1 & US-Highway 52 | Close Proximity to All Demand Generators
  • Centrally Located | Columbia (89 mi), Charlotte (74 mi), Fayetteville (74 mi), & Myrtle Beach (102 mi)
  • Nearby Attractions | Cheraw Municipal Airport, Northeastern Technical College, H. Cooper Black Jr. Memorial Field Trial & Recreation

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 72-unit, Baymont Cheraw, located in Cheraw, South Carolina. The subject property is located on 2.15 acres and features 2 floors of well-maintained guest rooms. Common area amenities include complimentary continental breakfast, fitness center, 24-Hour front desk, free on-site parking, shared lounge area with TV, and guest-laundry facilities. Each guest room is equipped with free Wi-Fi, cable TV, microwave, refrigerator, desk with chair, and private bathroom. The Baymont is ideally located along Highway-52, with easy access to all demand generators in historic Cheraw, which has been nicknamed “The Prettiest Town in Dixie.” Cheraw is centrally located with ease of access to larger metros, including Columbia and Myrtle Beach in South Carolina, and Wilmington, Fayetteville, and Charlotte in North Carolina. Visitors can easily access nearby demand generators including Lyceum Museum, Riverside Park, Northeastern Technical College, Cheraw Community Center, Cheraw State Park Golf Course, and McLeod Health Cheraw. The subject property is a short drive to the Cheraw historic district where you can follow in jazz legend, Dizzy Gillespie’s footsteps. Situated in Cheraw, this motel is within 20 miles of Marlboro Country Club, Marlboro County Historical Museum, and Lake Wallace. National Railroad Museum and Coker College are also within 32 miles.

Exclusively Listed By

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