Colliers, as an exclusive representation of the seller, is please to present to qualified investors for sale, the La Quinta Inn & Suites by Wyndham Greenville Haywood, located at 65 W Orchard Park Drive, Greenville, SC, 29615 (hereafter, the “hotel” or the “property”). The hotel is located on a 2.19-acre lot and is offered with fee-simple interest, unencumbered by third-party management, and unencumbered by debt. The hotel is a 125-unit, interior corridor, seven-story, limited-service asset, built in 1999. The hotel is well-located with frontage on Pelham Road/Haywood Road (23,200 Vehicles Per Day) and has convenient access to Interstate-385 (93,300 Vehicles Per Day). The property presents an opportunity for investors to complete a change-of-ownership PIP to position the property well within the competitive set. The La Quinta Inn & Suites Greenville Haywood is conveniently located near a variety of diverse demand generators including tourism/leisure, commerce, higher education, historic sites, medical, and transient.
Tourism: The hotel is located 10 minutes from the walkable, award-winning Downtown Greenville with restaurants, shops and Falls Park on the Reedy.
Commerce: Greenville has a vibrant commercial base with several major employers in the area including Michelin North America, GE Gas Power/GE Vernova, Fluor Corporation, BMW Manufacturing Plant, Prisma Health, and TD Bank.
Higher Education: The hotel is conveniently 2.3 miles from Bob Jones University (3,000 Students), and 4.1 miles from Greenville Technical College (4,192 Full-Time Students and 7,188 Part-Time Students), 8.5 miles from Furman University (2,500 Students), and 30 miles away from Clemson University (28,747 Students).
Historic Sites: Greenville is home to a number of historic sites which include the Historic West End, Reedy River Historic Park/Falls Park on the Reedy and the Downtown Greenville Historic District.
Medical: Prisma Health, which is located in Greenville is the largest health system in South Carolina and includes around 800 hospital beds with over 16,000 employees. The hotel is located 6.9 miles from the Prisma Health Greenville Memorial Hospital.
Transient: Greenville is located near the I-85/I-385 interchange (90,800 Vehicles Per Day) and between I-385 and SC 14 (110,800 Vehicles Per Day), offering exposure to travelers and ease of access. The hotel is also located 9.6 miles from the Greenville-Spartanburg International Airport which has an average of 60-70 commercial flights per day.