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Hotel-Motel

Econo Lodge Georgetown

600 Church St, Georgetown, SC 29440

Listing Price: $3,250,000

Cap Rate
10.17%
Number of Rooms
54
RevPAR
$77
Gross SF
40,860
Price/Room
$60,185
RRM
4.11
Price/Gross SF
$79.54
Year Built
1980

Investment Overview

Fee simple interest in the two-story Econo Lodge in Georgetown, South Carolina. The subject property features 54 well-maintained right off the idyllic marshes of South Carolina. Each room is equipped with free wi-fi, a private bathroom, and desk with chair. Guests can take advantage of the free parking in the heart of one of South Carolina's oldest cities known for its recreational activities such as boating, fishing, golfing and more. Popular vacation destinations such as Pawley's Island, Myrtle Beach, and Debordieu are just a short drive away.

Investment Highlights

  • Fee simple interest in the 59-unit Econo Lodge located in Georgetown, South Carolina
  • Georgetown is the third oldest city in the state of South Carolina, known for its historical significance & recreational activities such as fishing, boating, and more
  • High visibility | On U.S. Highway 17, section of highway experiences an Annual Average Daily Traffic (AADT) count of 27,900 vehicles
  • Ideally located near area's attractions & demand generators: Historic Georgetown (.6 mi), Tidelands Georgetown Memorial Hospital (1 mi), Pawleys Island (11.9 mi), Myrtle Beach (34 mi)
  • Golf Tourism | Myrtle Beach is premier golf destination, boasting over 100 championship courses designed by world-class architects
  • Myrtle Beach's economy is driven by tourism with more than 19 million annual visitors drawn to its beautiful beaches, entertainment venues, and recreational activities.

Exclusively Listed By

  • Jack Davis

    Senior Vice President Investments

    (843) 952-2253

    Email Jack

    License(s): SC: 92795, NC: LC896

    Charleston

  • Joce Messinger

    First Vice President Investments

    (843) 952-2255

    Email Joce

    License(s): SC: 80481, GA: 375018, NC: LC810

    Charleston

Financing By

Hotel-Motel

Econo Lodge Georgetown

Listing Price: $3,250,000

Cap Rate
10.17%
Number of Rooms
54
RevPAR
$77
Gross SF
40,860
Price/Room
$60,185
RRM
4.11
Price/Gross SF
$79.54
Year Built
1980

Investment Highlights

  • Fee simple interest in the 59-unit Econo Lodge located in Georgetown, South Carolina
  • Georgetown is the third oldest city in the state of South Carolina, known for its historical significance & recreational activities such as fishing, boating, and more
  • High visibility | On U.S. Highway 17, section of highway experiences an Annual Average Daily Traffic (AADT) count of 27,900 vehicles
  • Ideally located near area's attractions & demand generators: Historic Georgetown (.6 mi), Tidelands Georgetown Memorial Hospital (1 mi), Pawleys Island (11.9 mi), Myrtle Beach (34 mi)
  • Golf Tourism | Myrtle Beach is premier golf destination, boasting over 100 championship courses designed by world-class architects
  • Myrtle Beach's economy is driven by tourism with more than 19 million annual visitors drawn to its beautiful beaches, entertainment venues, and recreational activities.

Investment Overview

Fee simple interest in the two-story Econo Lodge in Georgetown, South Carolina. The subject property features 54 well-maintained right off the idyllic marshes of South Carolina. Each room is equipped with free wi-fi, a private bathroom, and desk with chair. Guests can take advantage of the free parking in the heart of one of South Carolina's oldest cities known for its recreational activities such as boating, fishing, golfing and more. Popular vacation destinations such as Pawley's Island, Myrtle Beach, and Debordieu are just a short drive away.

Exclusively Listed By

  • Jack Davis

    Senior Vice President Investments

    (843) 952-2253

    Email Jack

    License(s): SC: 92795, NC: LC896

    Charleston

  • Joce Messinger

    First Vice President Investments

    (843) 952-2255

    Email Joce

    License(s): SC: 80481, GA: 375018, NC: LC810

    Charleston

Financing By

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