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Hotel-Motel

Spark by Hilton Hilton Head Island

11 Lemoyne Ave, Hilton Head Island, SC 29928

Listing Price: $8,750,000

Cap Rate
8.94%
RevPAR
$91
RRM
3.98
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.

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

Hotel-Motel

Spark by Hilton Hilton Head Island

Listing Price: $8,750,000

Cap Rate
8.94%
RevPAR
$91
RRM
3.98
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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