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.