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Hotel-Motel

Sleep Inn Beaufort

2523 Boundary St, Beaufort, SC 29906

Listing Price: $5,375,000

Cap Rate
2.33%
Number of Rooms
85
RevPAR
$23
Gross SF
40,642
Price/Room
$63,235
RRM
7.35
Price/Gross SF
$132.25
Year Built
1999

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Sleep Inn Beaufort, located in historical Beaufort, South Carolina. The hotel consists of 85 interior corridor rooms with excellent visibility from the city's main thoroughfare US Bus 21. The hotel is located less than five miles from the University of South Carolina Beaufort and Naval Hospital-Beaufort and is in close proximity to several premier vacation destinations that include Charleston SC, Hilton Head SC, and Savannah GA. Amenities include a heated outdoor pool, fitness center, complimentary breakfast buffet and guest laundry facilities. Business amenities include a business center and a meeting room accommodating 25 people. Each newly renovated guest room is equipped with a flat screen television, armoire, work desk with lamp, refrigerator and microwave.

The Sleep Inn Beaufort is located on US Bus 21 and is situated in one of the most historical cities in South Carolina.

Investment Highlights

  • Fee-simple interest in the 85-unit interior corridor, Sleep Inn
  • Excellent condition with the Designed to Dream renovation completed in 2016
  • Roof under warranty through 2026
  • Thriving military market with multiple tourism demand drivers

Exclusively Listed By

Listing Price: $5,375,000

Cap Rate
2.33%
Number of Rooms
85
RevPAR
$23
Gross SF
40,642
Price/Room
$63,235
RRM
7.35
Price/Gross SF
$132.25
Year Built
1999

Investment Highlights

  • Fee-simple interest in the 85-unit interior corridor, Sleep Inn
  • Excellent condition with the Designed to Dream renovation completed in 2016
  • Roof under warranty through 2026
  • Thriving military market with multiple tourism demand drivers

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Sleep Inn Beaufort, located in historical Beaufort, South Carolina. The hotel consists of 85 interior corridor rooms with excellent visibility from the city's main thoroughfare US Bus 21. The hotel is located less than five miles from the University of South Carolina Beaufort and Naval Hospital-Beaufort and is in close proximity to several premier vacation destinations that include Charleston SC, Hilton Head SC, and Savannah GA. Amenities include a heated outdoor pool, fitness center, complimentary breakfast buffet and guest laundry facilities. Business amenities include a business center and a meeting room accommodating 25 people. Each newly renovated guest room is equipped with a flat screen television, armoire, work desk with lamp, refrigerator and microwave.

The Sleep Inn Beaufort is located on US Bus 21 and is situated in one of the most historical cities in South Carolina.

Exclusively Listed By

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