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Hotel-Motel

Baymont by Wyndham Ridgeland I-95

511 James L Taylor Rd, Ridgeland, SC 29936

Listing Price: $2,900,000

Cap Rate
12.61%
Number of Rooms
65
RevPAR
$37
Gross SF
22,000
Price/Room
$44,615
RRM
3.30
Price/Gross SF
$131.82
Year Built
1997

Investment Overview

The Baymont is centrally located in Ridgeland, South Carolina between many tourist destinations including Savannah in Georgia and Hilton Head Island and Charleston in South Carolina. These tourism intensive destinations draw in a large number of travelers from all over the country along Interstate-95, which runs directly next to the subject property. Interstate-95 is the primary access road for those traveling the east coast as it extends from the Canadian and United States border, all the way down to Miami, Florida. The Parris Island Marine Corps Base, 26 miles away, is an 8,000+ acre military base home to the recruit training program for the U.S. Marine Corps. Every year, more than 20,000 recruits travel to Parris Island for basic training. Additionally, the Marine Corps Air Station Beaufort, which accompanies the Parris Island base in training and transporting military individuals, is located 24 miles away. For traveling to the area, the Savannah Hilton Head International Airport is located 31 miles away and offer ?ights from many major airlines, including United and Delta Airlines.

Savannah, 30 miles away is a coastal Georgia city known for manicured parks, horse-drawn carriages and antebellum architecture. Its historic district is ?lled with cobblestoned squares and parks such as Forsyth Park shaded by oak trees covered with Spanish moss. Demand generators in the area include the Savannah Civic Center, Savannah College of Art & Design (SCAD) City Market, and Tybee Island which offers access to the beaches and Atlantic ocean. Local corporations include IKEA, Target Distribution Center, Home Depot, Dollar Tree Distribution Center, Gulfstream, SheltAir, Flight Safety, and Pier 1 Distribution Center. Corporate travelers enjoy the proximity to of?ces of Gulfstream Aerospace, Georgia Ports Authority, Norfolk Southern, Memorial Health University Medical Center, St Joseph’s/Candler Hospital, and Brasseler USA.

Investment Highlights

  • Fee simple interest in the 65-unit, Baymont by Wyndham Ridgeland I-95, located in Ridgeland, South Carolina
  • Strategically located directly off I-95 | Close proximity to all demand generators
  • Centrally located between Savannah, Hilton Head, Charleston, and Columbia
  • Downtown Savannah, 30 miles away, features historic, leisure and tourist attractions Walking distance to many retail and restaurants

Exclusively Listed By

Hotel-Motel

Baymont by Wyndham Ridgeland I-95

Listing Price: $2,900,000

Cap Rate
12.61%
Number of Rooms
65
RevPAR
$37
Gross SF
22,000
Price/Room
$44,615
RRM
3.30
Price/Gross SF
$131.82
Year Built
1997

Investment Highlights

  • Fee simple interest in the 65-unit, Baymont by Wyndham Ridgeland I-95, located in Ridgeland, South Carolina
  • Strategically located directly off I-95 | Close proximity to all demand generators
  • Centrally located between Savannah, Hilton Head, Charleston, and Columbia
  • Downtown Savannah, 30 miles away, features historic, leisure and tourist attractions Walking distance to many retail and restaurants

Investment Overview

The Baymont is centrally located in Ridgeland, South Carolina between many tourist destinations including Savannah in Georgia and Hilton Head Island and Charleston in South Carolina. These tourism intensive destinations draw in a large number of travelers from all over the country along Interstate-95, which runs directly next to the subject property. Interstate-95 is the primary access road for those traveling the east coast as it extends from the Canadian and United States border, all the way down to Miami, Florida. The Parris Island Marine Corps Base, 26 miles away, is an 8,000+ acre military base home to the recruit training program for the U.S. Marine Corps. Every year, more than 20,000 recruits travel to Parris Island for basic training. Additionally, the Marine Corps Air Station Beaufort, which accompanies the Parris Island base in training and transporting military individuals, is located 24 miles away. For traveling to the area, the Savannah Hilton Head International Airport is located 31 miles away and offer ?ights from many major airlines, including United and Delta Airlines. Savannah, 30 miles away is a coastal Georgia city known for manicured parks, horse-drawn carriages and antebellum architecture. Its historic district is ?lled with cobblestoned squares and parks such as Forsyth Park shaded by oak trees covered with Spanish moss. Demand generators in the area include the Savannah Civic Center, Savannah College of Art & Design (SCAD) City Market, and Tybee Island which offers access to the beaches and Atlantic ocean. Local corporations include IKEA, Target Distribution Center, Home Depot, Dollar Tree Distribution Center, Gulfstream, SheltAir, Flight Safety, and Pier 1 Distribution Center. Corporate travelers enjoy the proximity to of?ces of Gulfstream Aerospace, Georgia Ports Authority, Norfolk Southern, Memorial Health University Medical Center, St Joseph’s/Candler Hospital, and Brasseler USA.

Exclusively Listed By

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