Best Western Plus & Conference Center Clemson

  • Pricing Guidance
    $11,250,000
  • Room Count
    148
  • Approximate Revenue (2021)
    $3.2MM
  • Approximate NOI (2021
    $1.66MM
  • Year Built
    1982
  • Projected CapRate
    14.75%
  • Acreage
    5.92
  • Projected Return
    19.63%

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 148-unit, interior corridor, Best Western Plus University Inn & Conference Center, located in Clemson, South Carolina. The subject property is situated 1 mile from Clemson University, affording it proximity to all campus and university demand generators. The property is well equipped to host corporate and special events with over 6,200 SF of event space and catering available. Other common area amenities include an outdoor swimming pool, business center, fitness center, 24-hour front desk, on-site restaurant, and a cocktail lounge. At no extra charge, guest can enjoy a complimentary full breakfast and on-site parking during their stay. Each guest room comes equipped with free Wi-Fi, flat screen TV, in-room coffee & tea marker, minifridge, desk with chair, and private bathrooms. Select rooms have balconies and/or sofa beds for additional seating areas and sleeping arrangements. The property currently has a contracted block of business with the University that will guarantee all guest suites will be occupied through April of 2022.

The Best Western Plus is strategically located within 1 mile of Clemson University, situated between Highway-76 and Highway-123. Clemson University is the largest demand generator for the area with over 20,000 enrolled students, and multiple high accomplished athletics programs. Memorial Stadium and the Littlejohn Coliseum are the football and basketball stadiums, respectively, for Clemson University. Other demand generators in the area include the South Carolina Botanical Gardens, Bob Campbell Geology Museum, and the Larry W. Abernathy Waterfront Park, all located within 5 miles of the hotel. The Greenville-Spartanburg International Airport, located 45 minutes from Clemson, is the second busiest airport in South Carolina, with over 2.6 million passengers in 2019. The Best Western is approximately 10 minutes to the Amtrak Clemson Train Station, home of the Crescent train which runs from New York City to New Orleans, LA. The Clemson area is situated in one of the nation’s emerging high-speed rail corridors, known as the Southeast High Speed Rail Corridor, or SEHSR. Additionally, the area offers more than fifteen golf courses, ten parks, and seven South Carolina State Park recreational areas. Within one hour, visitors can find the Blue Ridge Mountains which offer plenty of outdoor attractions and activities, such as hiking, fishing, and mountain biking.

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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

    Joce Messinger

    First Vice President - Hospitality Division

    151 Meeting Street
    Suite 450
    Charleston, SC 29401

    843-952-2255

    joce.messinger@marcusmillichap.com

    contact agent