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3536 Point South Dr
Yemassee, SC 29945
Best Western Point South - Ridgeland · Hospitality Property For Sale · 42,588 SF
Investment Highlights
- 108 guestrooms, well-maintained facility, renovated lobby, and on-site lounge, very easy to operate & ideal size for an owner-operator
- Hotel is well-located along the highly trafficked corridor of I-95 with over 53,000 interstate motorists passing daily
- The Hotel has strong in-place cash flow with an average of $1,650,000 in annual revenue
- Two-story, exterior corridor building with Indoor heated swimming pool and on-site restaurant
- Convenient access to the Parris Marine Corps Academy, Palm Key, and many other key area attractions
- Very easy to operate and ideal size for an Owner-Operator; provides a great opportunity for upside potential in top-line growth and expense management
PROPERTY FACTS
| Property Type | Hospitality | Number of Floors | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1973/2014 |
| Building Class | B | Parking Ratio | 4.27/1,000 SF |
| Lot Size | 6.65 AC | Corridor | Exterior |
| Building Size | 42,588 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 6.65 AC |
| Building Size | 42,588 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1973/2014 |
| Parking Ratio | 4.27/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Centre
- Pool
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wi-Fi
- Smoke-Free
About 3536 Point South Dr , Yemassee, SC 29945
This Hotel is ideally located along a highly trafficked corridor of I-95 in Yemassee, South Carolina at the intersection of I-95 & US-17 (Exit 33). Located in scenic Lowcountry, the Hotel provides convenient access into nearby Beaufort, Charleston, Hilton Head, and Savannah. The hotels in this region enjoy significant demand generated from all the north and southbound travelers along Interstate 95, where the average daily traffic volumes exceeded 53,000 in 2018. The Best Western Point South is located between two of the busiest deep-water ports in the world, Charleston and Savannah. This hotel is also conveniently located a short distance from the Parris Marine Corps Academy, ideal for guests visiting family and friends in school. The Best Western South Point is a well-maintained facility and is highly ranked in the Ridgeland area by TripAdvisor. Other Hotel amenities include an on-site lounge, indoor heated swimming pool, guest laundry, business center, 3 electric car charging stations (Tesla & ClipperCreek), and a picnic area. The Hotel also contains an on-site 4,700 SF newly renovated full-service restaurant that can be leased to a local or regional operator to generate additional monthly revenue. Guestroom amenities include free high-speed internet access, refrigerators, microwaves, coffee makers, hairdryers, irons, ironing boards, and cable television. UPSIDE POTENTIAL This property offers significant upside potential with more hands-on management and direct sales efforts. The ideal buyer will be an owner-operator who takes the opportunity to drive top-line revenue while remaining focused on improving operational efficiencies and achieving stronger bottom-line flow-through. The Hotel contains an on-site 4,700 SF newly renovated full-service restaurant and additional opportunities exist to lease this facility to a local or regional operator to generate additional monthly revenue.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £112,745 | |
| Land Assessment | £13,164 | Total Assessment | £125,909 |
PROPERTY TAXES
zoning
| Zoning Code | GC |
| GC |
