511 James L Taylor RdRidgeland, SC 29936

Property Details for 511 James L Taylor Rd

Lot size

2.36 AC

Property size (Sq ft)

980 SF

Property type

Other commercial real estate

APN

063-31 -02-007

APU

633102007

Description

This exceptional 65-unit Baymont by Wyndham hotel presents a lucrative investment opportunity. Situated directly on Interstate 95 in Ridgeland, South Carolina, this two-story, 22,000 square foot property enjoys high visibility and convenient access to major tourist destinations, including Savannah, Georgia (30 miles south), Hilton Head Island, and Charleston, South Carolina. Completely renovated in the first quarter of 2022, following a full conversion from a SureStay by Best Western, the hotel boasts updated guest rooms and minimal to no transfer PIP requirements. Built in 1997, the property features exterior corridors and offers a strong revenue stream, generating $719,342 in revenue during 2023. The asking price is $2,950,000, representing an attractive price per key of $45,385. This well-positioned hotel offers significant potential for continued growth and profitability in a thriving tourism market. The property's location on I-95 ensures high traffic visibility and easy access for travelers. This is a turnkey operation ready for a new owner to step in and capitalize on its established success.

• Alternative Use

  Use

  Valuation

  Residential

  $232,437

  Hospitality

  $212,911

  Educational

  $177,139

  Medical

  $183,231

  Retail

  $275,550

Location Insight

City

Ridgeland

County

Jasper

State

South Carolina

Latitude

32.4807

Longitude

-80.9716

CBSA code

25940

CBSA name

HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].