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Hotel-Motel

Country Inn & Suites Orangeburg

71 Citadel Rd, Orangeburg, SC 29118

Listing Price: $6,750,000

Cap Rate
12.34%
Number of Rooms
81
RevPAR
$88
Price/Room
$83,333
RRM
3.05
Year Built
2007

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 81 unit, Country Inn & Suites Orangeburg located in Orangeburg, South Carolina. The interior corridor property features four floors of well-maintained guest rooms. Premium amenities include an on-site, indoor swimming pool and hot tub as well as a meeting space. Common area amenities available to guests include complimentary continental breakfast, fitness center, business center, free on-site parking, guest-laundry facilities, 24-hour front desk, and vending machines. Each guest room is equipped with free Wi-Fi, flat-screen TV, minifridge, microwave, and private bathroom.

Located directly off of Interstate-26 and within 29 miles of I-95, the Country Inn & Suites Orangeburg is well positioned within the state of South Carolina. From the hotel, you can easily travel to multiple nearby tourist destinations: Columbia, located 45 miles away; Charleston, located 80 miles away; and also Augusta, Georgia, located 75 miles away. Orangeburg is at the center of South Carolina’s Logistics Triangle (GLT). The GLT is a vision to transform South Carolina's Low Country into a regional gateway for the United States. Early projections show the triangular area encompassed by I-95, I-26, and U.S. 301 will become a regional inter-modal transportation center over the next decade. The GLT presents an ideal location for distribution centers and other transportation-related businesses that will drive economic development and job growth. It also is in close proximity to the Port of Charleston and the Port of Savannah. Higher education and medical centers also serve as demand generators. The hotel is conveniently located 4 miles from South Carolina State University and Claflin State University and is less than one mile from Orangeburg-Calhoun Technical College, bringing in a collective student body of 6,000 people. Less than two miles from the hotel is the Regional Medical Center of Orangeburg which is the only hospital hospital in the counties of Orangeburg and Calhoun. The University of South Carolina is a 40 minute drive as well as the Columbia Metropolitan Airport.

Investment Highlights

  • Fee simple interest in the 81-Unit, Country Inn & Suites Orangeburg, located in Orangeburg, South Carolina conveniently located off I-26
  • Zeus Industrial Products, an international manufacturing business generating 870M annually is headquartered in Orangeburg, SC, 5 miles from the property
  • Downtown Columbia, 45 minutes away, offers major attractions including hospitals, retail, entertainment & more | Columbia Metropolitan area is located 36 minutes away
  • Orangeburg is the center of South Carolina's Logistics triangle (GLT) as it is located at the intersection of 5 major interstates | I-20, 1- 26, 1-77, 1-85, 1-95 and close proximity to the Port of Charleston and Port of Savannah
  • Regional Medical Center Orangeburg (1.3 mi) is a283-bed hospital, and the only hospital in the counties of Orangeburg & Calhoun
  • Colleges & Universities | Orangeburg-Calhoun Technical College (1 mi) | South Carolina State University (4 mi) | Claflin University (4 mi) | University of South Carolina (37 mi)

Exclusively Listed By

Financing By

Hotel-Motel

Country Inn & Suites Orangeburg

Listing Price: $6,750,000

Cap Rate
12.34%
Number of Rooms
81
RevPAR
$88
Price/Room
$83,333
RRM
3.05
Year Built
2007

Investment Highlights

  • Fee simple interest in the 81-Unit, Country Inn & Suites Orangeburg, located in Orangeburg, South Carolina conveniently located off I-26
  • Zeus Industrial Products, an international manufacturing business generating 870M annually is headquartered in Orangeburg, SC, 5 miles from the property
  • Downtown Columbia, 45 minutes away, offers major attractions including hospitals, retail, entertainment & more | Columbia Metropolitan area is located 36 minutes away
  • Orangeburg is the center of South Carolina's Logistics triangle (GLT) as it is located at the intersection of 5 major interstates | I-20, 1- 26, 1-77, 1-85, 1-95 and close proximity to the Port of Charleston and Port of Savannah
  • Regional Medical Center Orangeburg (1.3 mi) is a283-bed hospital, and the only hospital in the counties of Orangeburg & Calhoun
  • Colleges & Universities | Orangeburg-Calhoun Technical College (1 mi) | South Carolina State University (4 mi) | Claflin University (4 mi) | University of South Carolina (37 mi)

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 81 unit, Country Inn & Suites Orangeburg located in Orangeburg, South Carolina. The interior corridor property features four floors of well-maintained guest rooms. Premium amenities include an on-site, indoor swimming pool and hot tub as well as a meeting space. Common area amenities available to guests include complimentary continental breakfast, fitness center, business center, free on-site parking, guest-laundry facilities, 24-hour front desk, and vending machines. Each guest room is equipped with free Wi-Fi, flat-screen TV, minifridge, microwave, and private bathroom. Located directly off of Interstate-26 and within 29 miles of I-95, the Country Inn & Suites Orangeburg is well positioned within the state of South Carolina. From the hotel, you can easily travel to multiple nearby tourist destinations: Columbia, located 45 miles away; Charleston, located 80 miles away; and also Augusta, Georgia, located 75 miles away. Orangeburg is at the center of South Carolina’s Logistics Triangle (GLT). The GLT is a vision to transform South Carolina's Low Country into a regional gateway for the United States. Early projections show the triangular area encompassed by I-95, I-26, and U.S. 301 will become a regional inter-modal transportation center over the next decade. The GLT presents an ideal location for distribution centers and other transportation-related businesses that will drive economic development and job growth. It also is in close proximity to the Port of Charleston and the Port of Savannah. Higher education and medical centers also serve as demand generators. The hotel is conveniently located 4 miles from South Carolina State University and Claflin State University and is less than one mile from Orangeburg-Calhoun Technical College, bringing in a collective student body of 6,000 people. Less than two miles from the hotel is the Regional Medical Center of Orangeburg which is the only hospital hospital in the counties of Orangeburg and Calhoun. The University of South Carolina is a 40 minute drive as well as the Columbia Metropolitan Airport.

Exclusively Listed By

Financing By

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