Investment Overview

• Mazili Hotel Group is pleased to offer qualified investors the fee-simple interest in the premium branded Marriott TownePlace Suites. The TownePlace Suites by Marriott is an excellent Investment opportunity in a fast-growing Columbia South Carolina hotel market.

Property Overview

• The asset was built in 2015. It features 99 all suites. Guest rooms in the TownePlace Suites are furnished with comfortable amenities and modern décor. Guest rooms include premier linens, iron and ironing board, work desk, chair, and complimentary Wi-Fi. Suites feature 32-inch HD TV for each living space. It is ideally suited for business and leisure travelers and extended stays.
• Amenities: Kitchens All Suites Outdoor Pool
• Marriott Affiliation: Marriott’s TownePlace Suites brand is one of the strongest brands in the Marriott family. Premium branded assets have distinct competitive advantages compared to the rest of the market due to their large rewards and reservation systems as well as name recognition. All Marriott properties are backed by the Marriott Bonvoy rewards program, which boasts over 120 million members across 30 brands and more than 7,900 hotels worldwide.
• Management and Debt: The Asset is being offered unencumbered of current management and debt.
• Property Improvement Plan: Upon the change of ownership, it is anticipated Marriott will require the new owner to complete a change of ownership PIP.