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Hotel-Motel

Travelodge by Wyndham Santee

9117 Old Number Six Hwy, Santee, SC 29142

Listing Price: $1,400,000

Cap Rate
8.18%
Number of Rooms
38
RevPAR
$29
Gross SF
28,883
Price/Room
$36,842
Price/Gross SF
$48.47
Year Built
2012

Investment Overview

Marcus & Millichap is please to offer for sale a fee simple interest in the 38-unit, Travelodge by Wyndham, located in Santee, South Carolina. The well-appointed property is conveniently located less than 1 mile from Interstate-95, which has a daily traffic rate of 75,000 VPD, providing the property high visibility and accessibility. Common area amenities include an outdoor swimming pool, business center, outdoor BBQ grills, and a 24-hour reception desk. Guests can enjoy complimentary breakfast and free on-site parking during their stay. Additionally, RV and bus parking is available. Each guest room is equipped with free wi-fi, flat screen TV, microwave, minifridge, in-room coffee & tea maker, desk with chair, and hair dryer. Local attractions in the area include Lake Marion, Santee State Park, Santee National Golf Club, and Lake Marion Golf Course. The hotel is centrally located between two major South Carolina cities, Charleston, which is 65 miles away, and Columbia, just 61 miles away. Charleston and Columbia provide an extensive amount of tourist attractions as well as universities, including but not limited to University of South Carolina, College of Charleston, Medical University of South Carolina, and The Citadel. With proximity to Interstate-95 and Interstate-26, visitors can easily travel to and from their destinations. Along Interstate-26, the Charleston International Airport is located 60 miles away, and the Columbia Metropolitan Airport is 62 miles away. Santee is in Orangeburg County, which is the second largest South Carolina County by area. The mild climate, quality of life amenities, and recreational opportunities make it an attractive place to visit. The county greatly benefits from its location along Interstate-26, Interstate-95, and Interstate-20. Manufacturing, retail trade, and transportation & warehousing are among the top industries in the county. In the last six years, Orangeburg County has had record industrial growth, which in turn has created over 5,000 new manufacturing jobs. The county's largest employer is Husqvarna which employs more than 2,000 people and manufactures a variety of Swedish made outdoor equipment, including mowers, trimmers, and garden tractors. Other large employers in the area include Koyo Corporation which manufactures ball bearings, Sara Lee Bakery, North American Container Corporation which manufactures bulk shipping containers, and Zeus Industrial Products, makers of Teflon tubing.

Investment Highlights

  • Fee simple interest in the 38-unit, Travelodge by Wyndham, located in Santee, South Carolina
  • Situated less than one mile off Interstate-95 | High Visibility & Accessibility
  • Centrally located between two major South Carolina cities: Charleston and Columbia | Direct access to tourist attractions and major airports via Interstate-26

Exclusively Listed By

Hotel-Motel

Travelodge by Wyndham Santee

Listing Price: $1,400,000

Cap Rate
8.18%
Number of Rooms
38
RevPAR
$29
Gross SF
28,883
Price/Room
$36,842
Price/Gross SF
$48.47
Year Built
2012

Investment Highlights

  • Fee simple interest in the 38-unit, Travelodge by Wyndham, located in Santee, South Carolina
  • Situated less than one mile off Interstate-95 | High Visibility & Accessibility
  • Centrally located between two major South Carolina cities: Charleston and Columbia | Direct access to tourist attractions and major airports via Interstate-26

Investment Overview

Marcus & Millichap is please to offer for sale a fee simple interest in the 38-unit, Travelodge by Wyndham, located in Santee, South Carolina. The well-appointed property is conveniently located less than 1 mile from Interstate-95, which has a daily traffic rate of 75,000 VPD, providing the property high visibility and accessibility. Common area amenities include an outdoor swimming pool, business center, outdoor BBQ grills, and a 24-hour reception desk. Guests can enjoy complimentary breakfast and free on-site parking during their stay. Additionally, RV and bus parking is available. Each guest room is equipped with free wi-fi, flat screen TV, microwave, minifridge, in-room coffee & tea maker, desk with chair, and hair dryer. Local attractions in the area include Lake Marion, Santee State Park, Santee National Golf Club, and Lake Marion Golf Course. The hotel is centrally located between two major South Carolina cities, Charleston, which is 65 miles away, and Columbia, just 61 miles away. Charleston and Columbia provide an extensive amount of tourist attractions as well as universities, including but not limited to University of South Carolina, College of Charleston, Medical University of South Carolina, and The Citadel. With proximity to Interstate-95 and Interstate-26, visitors can easily travel to and from their destinations. Along Interstate-26, the Charleston International Airport is located 60 miles away, and the Columbia Metropolitan Airport is 62 miles away. Santee is in Orangeburg County, which is the second largest South Carolina County by area. The mild climate, quality of life amenities, and recreational opportunities make it an attractive place to visit. The county greatly benefits from its location along Interstate-26, Interstate-95, and Interstate-20. Manufacturing, retail trade, and transportation & warehousing are among the top industries in the county. In the last six years, Orangeburg County has had record industrial growth, which in turn has created over 5,000 new manufacturing jobs. The county's largest employer is Husqvarna which employs more than 2,000 people and manufactures a variety of Swedish made outdoor equipment, including mowers, trimmers, and garden tractors. Other large employers in the area include Koyo Corporation which manufactures ball bearings, Sara Lee Bakery, North American Container Corporation which manufactures bulk shipping containers, and Zeus Industrial Products, makers of Teflon tubing.

Exclusively Listed By

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