Baymont Inn & Suites Florence

  • Pricing Guidance
    $4,725,000
  • Room Count
    112
  • Approximate Revenue (2021)
    $1.5MM
  • Approximate NOI (2021
    $565k
  • Year Built
    1989
  • Property Type
    Select Service
  • Acreage
    2.17
  • Estimated Return
    36.7%

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. Some commonarea amenities include a business center, meeting room, fitness center, guest  laundry facilities, and 24-hour reception desk. Apremium amenity included at the hotel is an outdoor swimming pool, which offers lounge chairs for guests to relax and  enjoy theoutdoors. Available at no extra cost, guest can enjoy complimentary breakfast and on-site parking during their stay. Each guestroom 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 theproperty. Florence, South Carolina is  historically known for its agriculture, but the town boasts Southern hospitality with plentyof entertainment, dining, and shopping options. The area features two large  medical centers, the MUSC Health Florence MedicalCenter 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 78miles outside of downtown  Columbia, SC, which features many high demand generators, including the University of South Carolina.

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Contact Agent

agent

Joe Simpson

Associate - Hospitality Division

151 Meeting Street
Suite 450
Charleston, SC 29401

843-952-2263

joe.simpson@marcusmillichap.com

contact agent

    Contact Agent

    agent

    Jack Davis

    First Vice President - Hospitality Division

    151 Meeting Street
    Suite 450
    Charleston, SC 29401

    843-952-2253

    jack.davis@marcusmillichap.com

    contact agent

      Contact Agent

      agent

      Eric Webster

      Associate - Hospitality Division

      151 Meeting Street
      Suite 450
      Charleston, SC 29401

      843-952.2271

      eric.webster@marcusmillichap.com

      contact agent

        Contact Agent

        agent

        Joce Messinger

        First Vice President - Hospitality Division

        151 Meeting Street
        Suite 450
        Charleston, SC 29401

        843-952-2255

        joce.messinger@marcusmillichap.com

        contact agent