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Hotel-Motel

Baymont Inn & Suites Florence

1826 W Lucas St, Florence, SC 29501

Listing Price: $4,725,000

Cap Rate
10.90%
Number of Rooms
112
RevPAR
$37
Price/Room
$42,188
RRM
3.15
Year Built
1989

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 112-unit, Baymont Inn & Suites, located in Florence, South Carolina. The subject property is situated on 2.17 acres and encompasses 40,376 SF of Gross Buildable Area. Common area amenities include a business center, meeting room, fitness center, guest laundry facilities, and 24-hour reception desk. A premium amenity included at the hotel is an outdoor swimming pool, which offers lounge chairs for guests to relax and enjoy the outdoors. Available at no extra cost, guest can enjoy complimentary breakfast and on-site parking during their stay. Each guest room comes equipped with free Wi-Fi, flat-screen TV, in-room coffee & tea maker, microwave, minifridge, and desk with chair. Some guest rooms offer kitchenettes, to provide a larger preparation and cooking area. The Baymont Inn & Suites, is situated directly off Interstate-95 at exit 164, providing high visibility and accessibility for the property. Florence, South Carolina is historically known for its agriculture, but the town boasts Southern hospitality with plenty of entertainment, dining, and shopping options. The area features two large medical centers, the MUSC Health Florence Medical Center and the McLeod Regional Medical Center. Located less than 6 miles from the hotel is the Florence Regional Airport, which offers American Eagle flights to the Charlotte Douglas International Airport. The town of Florence is situated about 78 miles outside of downtown Columbia, SC, which features many high demand generators, including the University of South Carolina.

Investment Highlights

  • Fee simple interest in the 112-unit, Baymont Inn & Suites, located in Florence, South Carolina
  • Situated directly off Interstate-95 at Exit 164 | High Visibility & Accessibility
  • Florence Regional Airport is located less than 6 miles from the hotel
  • Two major medical centers are located in Florence | McLeod Regional Medical Center and the MUSC Health Florence Medical Center
  • Florence is situated 78 miles outside of Columbia, South Carolina, which features many high demand generators

Exclusively Listed By

Hotel-Motel

Baymont Inn & Suites Florence

Listing Price: $4,725,000

Cap Rate
10.90%
Number of Rooms
112
RevPAR
$37
Price/Room
$42,188
RRM
3.15
Year Built
1989

Investment Highlights

  • Fee simple interest in the 112-unit, Baymont Inn & Suites, located in Florence, South Carolina
  • Situated directly off Interstate-95 at Exit 164 | High Visibility & Accessibility
  • Florence Regional Airport is located less than 6 miles from the hotel
  • Two major medical centers are located in Florence | McLeod Regional Medical Center and the MUSC Health Florence Medical Center
  • Florence is situated 78 miles outside of Columbia, South Carolina, which features many high demand generators

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 112-unit, Baymont Inn & Suites, located in Florence, South Carolina. The subject property is situated on 2.17 acres and encompasses 40,376 SF of Gross Buildable Area. Common area amenities include a business center, meeting room, fitness center, guest laundry facilities, and 24-hour reception desk. A premium amenity included at the hotel is an outdoor swimming pool, which offers lounge chairs for guests to relax and enjoy the outdoors. Available at no extra cost, guest can enjoy complimentary breakfast and on-site parking during their stay. Each guest room comes equipped with free Wi-Fi, flat-screen TV, in-room coffee & tea maker, microwave, minifridge, and desk with chair. Some guest rooms offer kitchenettes, to provide a larger preparation and cooking area. The Baymont Inn & Suites, is situated directly off Interstate-95 at exit 164, providing high visibility and accessibility for the property. Florence, South Carolina is historically known for its agriculture, but the town boasts Southern hospitality with plenty of entertainment, dining, and shopping options. The area features two large medical centers, the MUSC Health Florence Medical Center and the McLeod Regional Medical Center. Located less than 6 miles from the hotel is the Florence Regional Airport, which offers American Eagle flights to the Charlotte Douglas International Airport. The town of Florence is situated about 78 miles outside of downtown Columbia, SC, which features many high demand generators, including the University of South Carolina.

Exclusively Listed By

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