$5,900,000

1819 W Lucas St.

Florence SC, 29501

Description

Subject property is a 204 key full service Exterior Corridor hotel located at Exit 164 on Interstate 95, and Highway 52 in Florence SC Property is Situated on 10 acres of land. Hotel Renovations Since 2018: 76 Keys including Suites totaling 80 rooms have been fully renovated. Full renovation of the entrance and Lobby. New paint on the entire exterior of the building. Complete renovation of the Kitchen with new equipment New signage out front Renovation of the pool and pool pumps Established Food and Beverage License Guest Laundry Hotel Laundry New stair cases to access the second floor New entryway to the conference Center Repaired the roof and replaced the flashing around all units. Florence is a growing community, thriving with industry it is considered the industrial hub of the Pee Dee. The McLeod and Carolinas Hospital systems are based out of Florence with an outstanding Medical hub. Darlington Raceway, the Santee Lakes, and being the Center point for travelers commuting between Florida and New York Makes this property a Viable Cash Flow Investment.

Details

MLS#2001038
Listing TypeFor Sale
StyleIQWeb_Other Business Opportunity
Sub-TypeResale
StatusActive
Days On Site9

Features

Story(s)2
Units204
ZoningB3

Market Activity 29501

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Area Information

StateSC
CountyFlorence
CityFlorence
Zip Code29501
Area31A Other counties in South Caro
Listing VS Median (in 29501)
Price:
$5,900,000
low | high
Med:
$789,950
100% of Average
On Site:
9
low | high
Med:
84.5
10.650887573964% of Average
Listing Updated: 01/24/2020
MLS Number: 2001038
Listing Provided By:
Heyes Goldfinch  of  Tradd Commercial LLC