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Hotel-Motel

Sleep Inn Sumter

2510 Broad Street, Sumter, SC 29510

Listing Price: $3,575,000

Cap Rate
8.10%
Number of Rooms
63
RevPAR
$39
Gross SF
69,684
Price/Room
$56,746
RRM
4.17
Price/Gross SF
$51.30
Year Built
1997

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 63-unit Sleep Inn Sumter located in Sumter, South Carolina. The interior corridor property features three floors of well-maintained guest rooms. Premium amenities include an on-site, outdoor swimming pool. Common area amenities available to guests are complimentary breakfast, fitness center, business center, free on-site parking, 24-hour front desk, and vending machines. Each guest room is equipped with free Wi-Fi, flat-screen TV, minifridge, microwave, wardrobe, and private bathroom.


The Sleep Inn Sumter is strategically located in between Interstate-20 and Interstate-95 and is situated just 39 miles outside of Columbia, South Carolina. Sumter is historically known for its industrial, agricultural and manufacturing facilities which remain prevalent in the current economy but heavily supported by the Shaw Air Force base just 13 minutes from the property. The Shaw Air Force Base is home to over 8,200 active-duty military members, 1,200 civilian employees, and approximately 12,000 family members. Demand Generators for the area include Continental Tires, Pilgrim’s Inc., Thompson
Industrial, Nova Molecular Technologies, Prisma Health Tuomey Hospital, and University of South Carolina- Sumter. Visitors can enjoy nearby local attractions including the Swan Lake Iris Gardens, Sumter Gallery of Art, multiple golf courses, Thomas Sumter Memorial Park, and the Sumter Opera House. Columbia Metropolitan Airport serves over one million passengers on an annual basis and has service from major airlines. In March of 2023, the airport received a federal grant of $5 million to expand the current terminal and modernize security checkpoints. CAE is located approximately 45 miles from the subject property.

Investment Highlights

  • Fee simple interest in the 63-unit, Sleep Inn Sumter, located in Sumter, South Carolina
  • Located in between Interstate-20 & Interstate-95 | Close proximity to demand generators
  • Shaw Air Force Base | Approximately 7 miles away
  • Prisma Health-Midlands Tuomey Hospital, 283-bed Joint-Commission-accredited medical center | Approximately 5 miles away
  • Columbia Metropolitan Airport | Approximately 45 miles away
  • Nearby Attractions | Swan Lake Iris Gardens, Sumter Gallery of Art, Sumter Opera House, and multiple golf courses

Exclusively Listed By

Financing By

Hotel-Motel

Sleep Inn Sumter

Listing Price: $3,575,000

Cap Rate
8.10%
Number of Rooms
63
RevPAR
$39
Gross SF
69,684
Price/Room
$56,746
RRM
4.17
Price/Gross SF
$51.30
Year Built
1997

Investment Highlights

  • Fee simple interest in the 63-unit, Sleep Inn Sumter, located in Sumter, South Carolina
  • Located in between Interstate-20 & Interstate-95 | Close proximity to demand generators
  • Shaw Air Force Base | Approximately 7 miles away
  • Prisma Health-Midlands Tuomey Hospital, 283-bed Joint-Commission-accredited medical center | Approximately 5 miles away
  • Columbia Metropolitan Airport | Approximately 45 miles away
  • Nearby Attractions | Swan Lake Iris Gardens, Sumter Gallery of Art, Sumter Opera House, and multiple golf courses

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 63-unit Sleep Inn Sumter located in Sumter, South Carolina. The interior corridor property features three floors of well-maintained guest rooms. Premium amenities include an on-site, outdoor swimming pool. Common area amenities available to guests are complimentary breakfast, fitness center, business center, free on-site parking, 24-hour front desk, and vending machines. Each guest room is equipped with free Wi-Fi, flat-screen TV, minifridge, microwave, wardrobe, and private bathroom. The Sleep Inn Sumter is strategically located in between Interstate-20 and Interstate-95 and is situated just 39 miles outside of Columbia, South Carolina. Sumter is historically known for its industrial, agricultural and manufacturing facilities which remain prevalent in the current economy but heavily supported by the Shaw Air Force base just 13 minutes from the property. The Shaw Air Force Base is home to over 8,200 active-duty military members, 1,200 civilian employees, and approximately 12,000 family members. Demand Generators for the area include Continental Tires, Pilgrim’s Inc., Thompson Industrial, Nova Molecular Technologies, Prisma Health Tuomey Hospital, and University of South Carolina- Sumter. Visitors can enjoy nearby local attractions including the Swan Lake Iris Gardens, Sumter Gallery of Art, multiple golf courses, Thomas Sumter Memorial Park, and the Sumter Opera House. Columbia Metropolitan Airport serves over one million passengers on an annual basis and has service from major airlines. In March of 2023, the airport received a federal grant of $5 million to expand the current terminal and modernize security checkpoints. CAE is located approximately 45 miles from the subject property.

Exclusively Listed By

Financing By

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