1301 4th St - Hospitality FOR SALE


Hartsville, SC 29550
$2,950,000 USD
843-642-8541
1301 4th St, Hartsville, SC for Sale
$2,950,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

1301 4th St
Hartsville, SC 29550


HIGHLIGHTS

  • Property sits on approximately 10.80 acres of land presenting development opportunity
  • Independent hotel – unencumbered by the strict operating requirements and annual fees associated with franchising
  • Located directly off South 4th Street & South Marquis Highway, two main thoroughfares that travel through the city of Hartsville
  • Property benefits from being centrally located and equidistant from a variety of large cities/markets that include Charlotte, Columbia, Charleston...
  • Located directly off South 4th Street & South Marquis Highway, providing ease of access and displaying excellent signage to commuters
  • The section of South 4th Street closest to the property has an Average Annual Daily Traffic (AADT) count of approximately 14,000 vehicles per day

OVERVIEW

Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 136-room Landmark Inn, located in Hartsville, South Carolina. The property is a 2-story, limited-service hotel that is directly off of South 4th Street and conveniently located within close proximity US-15, providing ease of access to commuters along Hartsville’s main thoroughfare and expressway. Additionally, the property presents a variety of opportunities that range from developing, renovating/updating the asset, repositioning the asset, or flagging the asset under a reputable and nationally recognized brand. The Landmark Inn offers investors the opportunity to acquire a 136-room property in an established and growing market with exceptional upside opportunity.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$85 USD /SF

# OF ROOMS

136

PRICE/ROOM

$21,691 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Landmark Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1973

PARKING SPACES

250

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

B3

APN/PARCEL ID

057-00-03-001

ASK ABOUT THIS PROPERTY

Richard RedmondCushman & WakefieldMore Info
843-642-8541

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Richard RedmondCushman & WakefieldMore Info
843-642-8541

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.