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Hotel-Motel

Fairfield Inn Orangeburg

663 Citadel Rd, Orangeburg, SC 29118

Listing Price: $6,300,000

Cap Rate
2.69%
Number of Rooms
64
RevPAR
$61
Gross SF
89,249
Price/Room
$98,438
Price/Gross SF
$70.59
Year Built
1998

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 64-room Fairfield Inn located in Orangeburg, South Carolina. The hotel is a three-story property built in 1998 located directly off Interstate 26, providing ease of access for commerce and tourism. Fairfield Inn Orangeburg provides the opportunity for a new owner to acquire a select-service hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Marriott name, reservation system, and loyal base of guests.

Investment Highlights

  • Marriott Brand Affiliation
  • 2022 RevPAR is $7 Higher than 2021
  • Proximate to Major Demand Drivers Including: South Carolina State University, Claflin University, Regional Medical Center, Allied Air Enterprises, Zeus Industrial Products, and More

Exclusively Listed By

  • McLean Hicklin

    Senior Associate

    (864) 626-3163

    Email McLean

    License(s): SC: 96287, NC: LC 740, AL: 000149965-0

    Columbia

  • Robert S. Hunter

    Senior Vice President Investments

    (954) 245-3473

    Email Robert

    License(s): FL: SL3241692, AL: 00091540, NC: LC738

    Fort Lauderdale

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Hotel-Motel

Fairfield Inn Orangeburg

Listing Price: $6,300,000

Cap Rate
2.69%
Number of Rooms
64
RevPAR
$61
Gross SF
89,249
Price/Room
$98,438
Price/Gross SF
$70.59
Year Built
1998

Investment Highlights

  • Marriott Brand Affiliation
  • 2022 RevPAR is $7 Higher than 2021
  • Proximate to Major Demand Drivers Including: South Carolina State University, Claflin University, Regional Medical Center, Allied Air Enterprises, Zeus Industrial Products, and More

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 64-room Fairfield Inn located in Orangeburg, South Carolina. The hotel is a three-story property built in 1998 located directly off Interstate 26, providing ease of access for commerce and tourism. Fairfield Inn Orangeburg provides the opportunity for a new owner to acquire a select-service hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Marriott name, reservation system, and loyal base of guests.

Exclusively Listed By

  • McLean Hicklin

    Senior Associate

    (864) 626-3163

    Email McLean

    License(s): SC: 96287, NC: LC 740, AL: 000149965-0

    Columbia

  • Robert S. Hunter

    Senior Vice President Investments

    (954) 245-3473

    Email Robert

    License(s): FL: SL3241692, AL: 00091540, NC: LC738

    Fort Lauderdale

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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