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Hotel-Motel

Quality Inn & Suites Hardeeville

19000 Whyte Hardee Blvd, Hardeeville, SC 29927

Listing Price: $6,250,000

Cap Rate
9.98%
Number of Rooms
99
RevPAR
$38
Gross SF
66,632
Price/Room
$63,131
RRM
3.72
Price/Gross SF
$93.80
Year Built
1973

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee-simple interest in the two-story, 99-unit, Quality Inn & Suites located in Hardeeville, South Carolina. The subject property has been recently updated providing guests a well-maintained, modern look and feel. The hotel features room amenities including direct dial phone, desk & chair, free Wi-Fi, flat screen TVs, coffee & tea maker, mini-fridge, microwave, and iron/ironing board. Common area amenities include a business center, a meeting/event space, free weekday newspaper, and guest laundry facilities. Complimentary full breakfast is available for guests as well as free parking. Premium amenities include a seasonal outdoor pool as well as an updated lounge/bar with a new roof that will generate additional revenue moving forward.

The Quality Inn & Suites is located directly off Interstate-95 with close-proximity to the major tourist destinations, Savannah and Charleston. Located just minutes from the best resorts and beaches in the country, and some of the most historic and scenic cities in the world, Hardeeville, South Carolina, doubles as one of the fastest growing communities in the Southeast. The costal South Carolina/Georgia area offers many attractions and activities to explore close to the subject property, including the Savannah National Wildlife Refuge, Savannah International Trade and Convention Center, and the Island West Golf Club. About 30 miles from the hotel is the Parris Island Marine Corps Recruiting & Training base which routinely generates high volumes of visitors with training graduations occurring monthly. The Savannah/Hilton Head international Airport is located just over 20 minutes from the hotel, making it easily accessible for travelers.

Investment Highlights

  • Fee Simple interest in the 99-unit, Quality Inn & Suites located in Hardeeville, South Carolina
  • Great location and accessibility directly off Highway 17 and I-95
  • Recent renovations include a new Bar/Restaurant space with new roofs installed in 2020, minimal PIP requirements expected for new investor
  • Close- proximity to high volume tourist destinations | Savannah, GA (17 mi) - Charleston, SC (95 mi) - Hilton Head, SC (23 mi)
  • Conveniently located within 20 minutes to Savannah/Hilton Head International Airport
  • Near many colleges, including Savannah College of Art & Design (SCAD) and University of South Carolina - Beaufort

Exclusively Listed By

Hotel-Motel

Quality Inn & Suites Hardeeville

Listing Price: $6,250,000

Cap Rate
9.98%
Number of Rooms
99
RevPAR
$38
Gross SF
66,632
Price/Room
$63,131
RRM
3.72
Price/Gross SF
$93.80
Year Built
1973

Investment Highlights

  • Fee Simple interest in the 99-unit, Quality Inn & Suites located in Hardeeville, South Carolina
  • Great location and accessibility directly off Highway 17 and I-95
  • Recent renovations include a new Bar/Restaurant space with new roofs installed in 2020, minimal PIP requirements expected for new investor
  • Close- proximity to high volume tourist destinations | Savannah, GA (17 mi) - Charleston, SC (95 mi) - Hilton Head, SC (23 mi)
  • Conveniently located within 20 minutes to Savannah/Hilton Head International Airport
  • Near many colleges, including Savannah College of Art & Design (SCAD) and University of South Carolina - Beaufort

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee-simple interest in the two-story, 99-unit, Quality Inn & Suites located in Hardeeville, South Carolina. The subject property has been recently updated providing guests a well-maintained, modern look and feel. The hotel features room amenities including direct dial phone, desk & chair, free Wi-Fi, flat screen TVs, coffee & tea maker, mini-fridge, microwave, and iron/ironing board. Common area amenities include a business center, a meeting/event space, free weekday newspaper, and guest laundry facilities. Complimentary full breakfast is available for guests as well as free parking. Premium amenities include a seasonal outdoor pool as well as an updated lounge/bar with a new roof that will generate additional revenue moving forward. The Quality Inn & Suites is located directly off Interstate-95 with close-proximity to the major tourist destinations, Savannah and Charleston. Located just minutes from the best resorts and beaches in the country, and some of the most historic and scenic cities in the world, Hardeeville, South Carolina, doubles as one of the fastest growing communities in the Southeast. The costal South Carolina/Georgia area offers many attractions and activities to explore close to the subject property, including the Savannah National Wildlife Refuge, Savannah International Trade and Convention Center, and the Island West Golf Club. About 30 miles from the hotel is the Parris Island Marine Corps Recruiting & Training base which routinely generates high volumes of visitors with training graduations occurring monthly. The Savannah/Hilton Head international Airport is located just over 20 minutes from the hotel, making it easily accessible for travelers.

Exclusively Listed By

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