Hotel-Motel
Spark by Hilton Hilton Head Island
11 Lemoyne Ave, Hilton Head Island, SC 29928
Listing Price: $8,750,000
Cap Rate
8.90%
RevPAR
$97
RRM
3.73
Year Built
1990
Investment Overview
Marcus & Millichap is pleased to offer a fee simple interest in the 63-unit Spark by Hilton in Hilton Head Island.
Spark by Hilton Hilton Head Island
Investment Highlights
- Fee simple interest in the 63-unit, recently renovated Spark by Hilton located in Hilton Head Island, South Carolina
- Current ownership recently completed an extensive renovation to bring the property up to Spark standards
- Highly desirable location, in one of America's most popular vacation destinations, attracting over 2.5 million visitors each year with over 30 golf courses
- Subject property is located just steps to the beach, Hilton Head Island is known for its pristine shoreline
- Strong year-round demand benefiting from leisure travel, golf tourism, tennis tourism, and group events
- Hilton Head Island Airport, just 20 minutes away, is undergoing a $30M renovation to nearly triple the size of the terminal to accommodate the growing number of visitors to the area
Exclusively Listed By
Listing Price: $8,750,000
Cap Rate
8.90%
RevPAR
$97
RRM
3.73
Year Built
1990
Investment Highlights
- Fee simple interest in the 63-unit, recently renovated Spark by Hilton located in Hilton Head Island, South Carolina
- Current ownership recently completed an extensive renovation to bring the property up to Spark standards
- Highly desirable location, in one of America's most popular vacation destinations, attracting over 2.5 million visitors each year with over 30 golf courses
- Subject property is located just steps to the beach, Hilton Head Island is known for its pristine shoreline
- Strong year-round demand benefiting from leisure travel, golf tourism, tennis tourism, and group events
- Hilton Head Island Airport, just 20 minutes away, is undergoing a $30M renovation to nearly triple the size of the terminal to accommodate the growing number of visitors to the area
Investment Overview
Marcus & Millichap is pleased to offer a fee simple interest in the 63-unit Spark by Hilton in Hilton Head Island.
Exclusively Listed By
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