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Hotel-Motel

Sleep Inn North Charleston Ashley Phosphate

7435 Northside Dr, North Charleston, SC 29420

Listing Price: $5,197,500

Cap Rate
4.13%
Number of Rooms
68
RevPAR
$43
Gross SF
29,442
Price/Room
$76,434
RRM
4.88
Price/Gross SF
$176.53
Year Built
2001

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee-simple interest in the 68-room, three-story, Sleep Inn North Charleston Ashley Phosphate located in South Carolina. This well-appointed hotel was constructed in 2001, is situated on approximately 0.82 acres and is being offered well below replacement cost with ability to retain the current franchise. The hotel is being offered unencumbered of debt and management. Guest rooms offer amenities such as free Wi-Fi, flats screen TVs, mini-refrigerator, and microwave. All suites have sleeper sofas, and connecting rooms are available. The hotel also offers accessible rooms, non-smoking rooms, and suites. The Sleep Inn North Charleston Ashley Phosphate features a 24-hour front desk, express check-in and check-out, baggage storage, and complimentary on-site parking. Additional amenities include a business center and a coin-operated laundry. An airport shuttle, parking and breakfast are available. Pets are welcome. The property also boasts free continental breakfast. Next to the I-26, this relaxed hotel is 7 miles from Charleston International Airport and 1 mile from Northwoods Mall. Whirlin' Waters Adventure Waterpark is 5 miles away.

The Sleep Inn is just off of Interstate-26 and is situated in close proximity to Historic Downtown Charleston, which is one of the most historical and most visited cities in the U.S. Charleston was rated as the Worlds Best City by Travel + Leisure Magazine, hosting over 5.1 million people visitors annually. Experiencing a 5.2% growth year over year, Charleston is a strong market with diverse demand generators.



Investment Highlights

  • Fee simple interest in the 68-unit, Sleep Inn North Charleston Ashley Phosphate
  • Close proximity to the Charleston International Airport, Downtown Charleston, the bea
  • Thriving coastal market with multiple tourist, business and leisure demand generators
  • Charleston is ranked as the #1 city in the United States to visit and #2 in world acc

Exclusively Listed By

Hotel-Motel

Sleep Inn North Charleston Ashley Phosphate

Listing Price: $5,197,500

Cap Rate
4.13%
Number of Rooms
68
RevPAR
$43
Gross SF
29,442
Price/Room
$76,434
RRM
4.88
Price/Gross SF
$176.53
Year Built
2001

Investment Highlights

  • Fee simple interest in the 68-unit, Sleep Inn North Charleston Ashley Phosphate
  • Close proximity to the Charleston International Airport, Downtown Charleston, the bea
  • Thriving coastal market with multiple tourist, business and leisure demand generators
  • Charleston is ranked as the #1 city in the United States to visit and #2 in world acc

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee-simple interest in the 68-room, three-story, Sleep Inn North Charleston Ashley Phosphate located in South Carolina. This well-appointed hotel was constructed in 2001, is situated on approximately 0.82 acres and is being offered well below replacement cost with ability to retain the current franchise. The hotel is being offered unencumbered of debt and management. Guest rooms offer amenities such as free Wi-Fi, flats screen TVs, mini-refrigerator, and microwave. All suites have sleeper sofas, and connecting rooms are available. The hotel also offers accessible rooms, non-smoking rooms, and suites. The Sleep Inn North Charleston Ashley Phosphate features a 24-hour front desk, express check-in and check-out, baggage storage, and complimentary on-site parking. Additional amenities include a business center and a coin-operated laundry. An airport shuttle, parking and breakfast are available. Pets are welcome. The property also boasts free continental breakfast. Next to the I-26, this relaxed hotel is 7 miles from Charleston International Airport and 1 mile from Northwoods Mall. Whirlin' Waters Adventure Waterpark is 5 miles away.

The Sleep Inn is just off of Interstate-26 and is situated in close proximity to Historic Downtown Charleston, which is one of the most historical and most visited cities in the U.S. Charleston was rated as the Worlds Best City by Travel + Leisure Magazine, hosting over 5.1 million people visitors annually. Experiencing a 5.2% growth year over year, Charleston is a strong market with diverse demand generators.



Exclusively Listed By

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