160 Simuel Rd - Hospitality FOR SALE


Spartanburg, SC 29303- Cleveland Park
$10,850,000 USD
470-580-9113
160 Simuel Rd, Spartanburg, SC for Sale
$10,850,000 USD
Hospitality - FOR SALE
1/4
null | 9.6% Cap Rate

160 Simuel Rd
Spartanburg, SC 29303
Cleveland Park


OVERVIEW

Holiday Inn investment opportunity in Spartanburg, South Carolina. This 89 room hotel offers investors the chance to acquire a branded hospitality asset with upside potential through improved operations and management. Well located within an active lodging market, the property benefits from access to business, transient, and regional travel demand. This is a confidential offering. Additional information, including financials and due diligence materials, will be provided to qualified purchasers upon signing a confidentiality agreement. Please do not disturb guests, employees, or on-site management.

FOR SALE DETAILS

PRICE

$10,850,000 USD

PRICE/SF

$149 USD /SF

# OF ROOMS

89

PRICE/ROOM

$121,910 {currency}

CAP RATE

9.6%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Spartanburg Northwest

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1997

PARKING SPACES

140

LAND DETAILS

LAND ACRES

2.05 AC

LAND SF

89,298 SF

ZONING

Commercial

APN/PARCEL ID

6-13-02-009.02

ASK ABOUT THIS PROPERTY

smit patelSmit PatelMore Info
470-580-9113

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smit patelSmit PatelMore Info
470-580-9113

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