233 Birchtree DrGreenwood, SC 29649

Property Details for 233 Birchtree Dr

Year built

1986

Lot size

1.40 AC

Property size (Sq ft)

22,158 SF

Property type

Hotels

Property subtype

Motels

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.

• CAP approach

  CAP return

  Valuation

  6%

  $4,251,640

  6.5%

  $3,924,590

  7%

  $3,644,270

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,550,630

  Geo Method

  $1,550,630

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $10,166,700

  Retail / Commercial

  $5,261,940

  Mixed-Use / Specialty

  $5,281,420

  Office

  $5,289,870

  Institutional / Educational

  $5,504,210

  Residential Income

  $6,439,930

  Multifamily

  $7,511,720

  Automotive / Energy

  $4,717,900

  Parking / Income-Based Land

  $1,590,310

  Restaurant / Food Service

  $2,828,510

  Healthcare / Senior Housing

  $5,376,780

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

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