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Hotel-Motel

Pace Landing (Conversion Opportunity)

3640 Dorchester Road, North Charleston, SC 29405

Listing Price: $6,750,000

Cap Rate
10.04%
RevPAR
$63
Year Built
1977

Investment Overview

Fee simple interest in the 128-unit PACE LANDING property located in North Charleston, South Carolina

Investment Highlights

  • Fee simple interest in the 128 unit Pace Landing with multiple conversion opportunities available
  • Ideally located just minutes from downtown Charleston
  • Proximity to major demand generators including Boeing, Volvo, BMW, beaches, golf courses, and more
  • Approximately 15 minutes to Downtown Charleston which attracted over 7.68 million visitors in 2023, popular for its historic charm, art scene, southern dining options, boutiques, and more
  • Minutes to Roper St. Francis $1.2B medical campus expected to be completed in 2029 and replace the current downtown location

Exclusively Listed By

  • Jack Davis

    Senior Managing Director Investments

    (843) 952-2253

    Email Jack

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

    Charleston

  • Joce Messinger

    Senior Director Investments

    (843) 952-2255

    Email Joce

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

    Charleston

Financing By

Hotel-Motel

Pace Landing (Conversion Opportunity)

Listing Price: $6,750,000

Cap Rate
10.04%
RevPAR
$63
Year Built
1977

Investment Highlights

  • Fee simple interest in the 128 unit Pace Landing with multiple conversion opportunities available
  • Ideally located just minutes from downtown Charleston
  • Proximity to major demand generators including Boeing, Volvo, BMW, beaches, golf courses, and more
  • Approximately 15 minutes to Downtown Charleston which attracted over 7.68 million visitors in 2023, popular for its historic charm, art scene, southern dining options, boutiques, and more
  • Minutes to Roper St. Francis $1.2B medical campus expected to be completed in 2029 and replace the current downtown location

Investment Overview

Fee simple interest in the 128-unit PACE LANDING property located in North Charleston, South Carolina

Exclusively Listed By

  • Jack Davis

    Senior Managing Director Investments

    (843) 952-2253

    Email Jack

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

    Charleston

  • Joce Messinger

    Senior Director Investments

    (843) 952-2255

    Email Joce

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

    Charleston

Financing By

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