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Hotel-Motel

Holiday Inn Express

1031 Hyatt St, Gaffney, SC 29341

Listing Price: $9,150,000

Cap Rate
9.00%
Number of Rooms
81
Gross SF
59,677
Price/Room
$112,963
Price/Gross SF
$153.33
Year Built
2021

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 81-room Holiday Inn Express located in Gaffney, South Carolina. The Holiday Inn Express is a 2021-built, 5-story property located near Interstate 85, providing ease of access for commerce and tourism. Holiday Inn Express Gaffney provides the opportunity for a new owner to acquire a brand-new, 81-room hotel with potential to realize significant RevPAR growth through a complete rebranding and utilization of the IHG name, reservation system, and loyal base of guests.

Investment Highlights

  • Property Constructed to Conform to Formula Blue 2.0 Standard
  • 5-Story New Construction
  • It is Expected the Buyer Will Obtain a 20-Year Franchise License

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Listing Price: $9,150,000

Cap Rate
9.00%
Number of Rooms
81
Gross SF
59,677
Price/Room
$112,963
Price/Gross SF
$153.33
Year Built
2021

Investment Highlights

  • Property Constructed to Conform to Formula Blue 2.0 Standard
  • 5-Story New Construction
  • It is Expected the Buyer Will Obtain a 20-Year Franchise License

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 81-room Holiday Inn Express located in Gaffney, South Carolina. The Holiday Inn Express is a 2021-built, 5-story property located near Interstate 85, providing ease of access for commerce and tourism. Holiday Inn Express Gaffney provides the opportunity for a new owner to acquire a brand-new, 81-room hotel with potential to realize significant RevPAR growth through a complete rebranding and utilization of the IHG name, reservation system, and loyal base of guests.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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