For Sale
$5,000,000

123 Mall StSantee, SC 29142

105-Room Hotel, High Occupancy, Great ROI

Overview

Added:
Dec 11, 2024
Days on market:
115
The Santee Inn, a 105-key hotel located at 123 Mall St, Santee, SC 29142, presents a compelling investment opportunity. This established hospitality property boasts 52,000 square feet on a 4-acre lot, strategically situated directly on I-95. Built in 1975 and extensively renovated in 2017, the two-story building currently enjoys 100% occupancy (as of December 30, 2022). The asking price is $5,000,000, translating to $96.15 per square foot. The Inn's revenue streams are diversified, including hotel rooms, a restaurant, and a bar, contributing to its strong financial performance. Projections indicate a substantial gross income, justifying a higher purchase price, yet the seller is motivated to sell at the listed price. The property is zoned for commercial use and the owner is willing to assist with financing. This represents a rare opportunity to acquire a highly profitable hotel in a prime location with significant upside potential. The property's strong performance and diverse revenue streams make it an attractive investment for owner-users seeking a turnkey operation. Further financial details are available upon request.

Highlights

  • 105-key hotel in Santee, SC, on a 4-acre lot.
  • 52,000 square foot building, directly on I-95.
  • Recently renovated (2017), currently 100% occupancy (as of 12/30/2022).
  • Asking price: $5,000,000 ($96.15/SF).
  • Diverse revenue streams (hotel rooms, restaurant, bar).
  • Commercial zoning; seller financing assistance available.

Property Details for 123 Mall St

Property type
Hospitality properties, Hotels
Square Feet
52,000 SF
Year Built/Renovated
1975/2017
Stories
2
Lot Size (sq. ft)
174,240 SF

Location Insight

City
Santee
County
Orangeburg
State
South Carolina
Latitude
33.48314892
Longitude
-80.46953916
123 Mall St, Santee, South Carolina

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123 Mall St
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