233 Birchtree DrGreenwood, SC 29649
- Hospitality properties
- 22,158 SF
Property Details for 233 Birchtree Dr
- Year built
- 1986
- Lot size
- 1.40 AC
- Property size (Sq ft)
- 22,158 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
- APN
- 6846-480-735
- APU
- 6846480735
Description
This exceptional investment opportunity presents the chance to acquire a thriving Days Inn hotel in the vibrant city of Greenwood, South Carolina. Strategically located within easy walking distance of numerous popular restaurants, this property enjoys a prime position for attracting guests. The hotel boasts 55 fully furnished rooms, ensuring immediate revenue generation. A comfortable lobby and breakfast area provide added amenities for guests. The property sits on a sizable 1.4-acre lot, offering potential for future expansion or development. This turnkey operation is ideal for experienced hospitality investors seeking a well-established and profitable business. The Days Inn in Greenwood represents a rare chance to enter the lucrative hospitality market in a desirable location. The existing infrastructure and established clientele provide a solid foundation for continued success and growth. Financial records are available upon request to qualified buyers. This is a unique opportunity to acquire a proven income-generating asset with significant upside potential. Serious inquiries only. The property is being offered at $1,900,000. Don't miss this chance to own a piece of Greenwood's thriving hospitality scene. Contact us today to schedule a viewing and explore this exciting investment prospect.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,743,336
- 6.5%
- $5,301,540
- 7%
- $4,922,859
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,287,030
- Geo Method
- $4,287,030
-
Alternative Use
- Use
- Valuation
- Residential
- $5,787,742
- Hospitality
- $5,301,540
- Educational
- $4,410,820
- Medical
- $4,562,514
- Retail
- $6,861,274
Location Insight
- City
- Greenwood
- County
- Greenwood
- State
- South Carolina
- Latitude
- 34.2117
- Longitude
- -82.175
- CBSA code
- 24940
- CBSA name
- GREENWOOD, SC MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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