233 Birchtree DrGreenwood, SC 29649

  • Hospitality properties
  • 22,158 SF
For Sale
$1,900,000 View listing

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
233 Birchtree Dr, Greenwood, South Carolina

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$31,788
-
-
$88,800
-
$242,200
$1,237,800
$1,480,000

FAQs

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