Listed by Avison Young - Atlanta
Unpriced
Fairfield Inn Orangeburg
Details
Property Type Hospitality
Sub Type Hotel
Square Footage 30,450
Keys 64
Brand/Tenant Marriott Hotels
Year Built 1998
Year Renovated 2005
Stories 3
Acreage 1.980
Zoning 595
Parking Spaces 66 spaces
Parking Per SqFt 2.17
Investment Type Value Add
Ownership Fee Simple
Sale Condition For sale by owner
Hospitality | 64 Keys
Marketing description
Avison Young is pleased to exclusively offer the Fairfield Inn in Orangeburg, South Carolina, a well maintained, limited-service Hotel with 64 interior corridor guestrooms across three stories. Situated strategically just off Interstate 26, this Property benefits from its strategic location between the metropolitan areas of Columbia and Charleston, offering easy access to a variety of dining, shopping, and entertainment options.
This investment represents a unique opportunity to acquire a Property priced below replacement cost, with significant value potential. The Hotel is set to undergo a PIP to enhance its operations and maintain its Marriott Fairfield Inn franchise. We estimate the buyer will have minimal PIP to further upgrade the Property. The Property’s proven stability and opportunity for increased revenue through operational efficiencies make it an attractive acquisition for investors seeking a reliable asset with possible future growth.
Investment highlights
Discount to Replacement Cost
64 Non-smoking Guestrooms
Three-story, Interior Corridor
Adjacent to Interstate 26
Near local businesses including Husqvarna, Allied, Food Lion, MUSC Health, and others
Listing Contacts
Listed by Avison Young - Atlanta
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