Holiday Inn Express & Suites Walterboro

  • Pricing Guidance
    $10,500,000
  • Room Count
    81
  • Total Revenue
    $2,637,155
  • NOI
    $940,408
  • Year Built
    2005
  • Property Type
    Select Service
  • Acreage
    2.9
  • Franchise
    IHG

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 81-unit Holiday Inn Express & Suites located in Walterboro, South Carolina. This well-  appointed property was renovated in 2021, with updates to common areas and all guest rooms. The subject property’samenities include complimentary  breakfast, fitness center, business center, guest laundry facilities, and free on-site parking. A conference space isalso available and well equipped to hold corporate  meetings or small special events. Each guest room offers free Wi-Fi, flat-screen TV withpremium channels, in-room coffee & tea maker, microwave, minifridge, and  desk with chair. Available to guests is a complimentary newspaper for them to enjoy in their rooms.

Walterboro was founded in 1783, as a summer retreat for local planters. It quickly flourished with its progressive developments, such as becomingcountry seat in 1821,  establishing a railroad line connecting Columbia and Charleston in 1900s, and the emergence of Interstate-95. The evolvement ofInterstate-95 brought travelers to  Walterboro as an overnight stop on their way to Florida or New York. Today Walterboro is dotted with historic homesdating back to 1820, and a downtown that has kept  many of its historic buildings. The city has become increasingly known as an antiquing destinationand is a popular day trip from surrounding areas, including  Charleston, Beaufort, and Hilton Head. Walterboro has many attractions of its own,including the annual Rice Festival, Walterboro Wildlife Sanctuary, South Carolina  Artisan Center, and nearby Middleton Place. Less than 5 miles fromthe Holiday Inn Express & Suites is the Colleton Medical Center, one of the main demand generators  in this marketing. Colleton Medical Center (CMC)has a longstanding history of being the leader in commitment to patient-centered care in the community. The subject  property’s location is ideal fortravelers as it’s situated less than a mile off Interstate-95 with close-proximity to restaurants.

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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