Super 8 by Wyndham Harbison/Parkridge Hospital

411 Piney Grove Rd,
Columbia, SC 29210

 

$4,325,000
Price
$483,358
NOI
11.18%
Cap Rate
3.76
RRM
62
Total Rooms
$69,758
Price Per Key
$4,325,000
Price
$483,358
NOI
11.18%
Cap Rate
3.76
RRM
62
Total Rooms
$69,758
Price Per Key

Investment Highlights

  • Mazili Hotel Group is pleased to offer qualified investors the fee-simple interest in the Super 8 by Wyndham Harbison/Parkridge Hospital in Columbia, SC. The asset was built in 2000 and renovated 2022-2023. The hotel features 62 rooms & in addition an on-site apartment. The hotel is a 3-story interior corridor building located in Columbia, SC situated off I-26. and 15 min to the Columbia Airport, from Pensacola International Airport (PNS).
  • The hotel was remodeled in 2022-2023 and presents itself as a great Asset with great return potential for savvy investors. The hotel benefits from its proximity to major demand generators and local attractions. It is strategically positioned: *2 miles to the Prisma Health Baptist Partridge Hospital *6 miles to the Riverbanks;Columbia Zoo *9 miles to Downtown Columbia *11 miles to the Columbia Airport *9.5 miles to University of SC *14 miles to Fort Jackson Military Base

Property Overview

  • Guest rooms in Super 8 Harbison/Parkridge Hospital are all furnished with comfortable amenities and new modern décor. All guest room are featuring a flat-screen HDTV, free WiFi, mini-refrigerator, microwave, desk, and coffee maker. The private bathroom come equipped with a hairdryer and ironing amenities. The hotel offers included breakfast, laundry facilities, free parking, and a 24/7 front desk staff.

The Franchise

  • Wyndham Affiliation: Super 8 brand is one of the brands in the Wyndham portfolio. Super 8 describe itself as the world's largest budget hotel chain with over 2,000 locations worldwide. the branded assets have distinct competitive advantages compared to the rest of the market due to their large rewards and reservation systems as well as a name recognition. All Wyndham properties are backed by the Wyndham rewards program.
  • Current Franchise PIP & Franchise Opportunity: This current PIP is currently only lacking new signage. This newly renovated Super 8 has satisfied all other required PIPs. This property has been offered the opportunity to associate with a new franchise: Clarion by Choice Hotels. Choice Hotels have just been recently Recognized by Newsweek as One of the “Most Trustworthy Companies in America 2023’ For Second Year in a Row, as well as, Choice Hotels Recognized has been recognized as one of the best Franchises for Diversity, Equity, and Inclusion by Entrepreneur Magazine. This property offers a savy investor possibilities for continued growth.

Location:

  • Super 8 Columbia Harbison hotel off I-16, situated between Lake Murray and downtown attractions. Our location is only a short walk from Columbiana Centre for shopping and across the Broad River from Columbia International University for visiting students. Those traveling to see scholars at the University of South Carolina-Columbia only have a short drive to reach campus, and those traveling on business can easily visit corporations like Vulcan Materials Company and CMC Steel. Columbia Metropolitan Airport (CAE) and Columbia Metropolitan Convention Center are also nearby for your convenience.
FOR MORE DETAILS CONTACT
Julian Mazili
President
(813) 299-7045
jmazili@mazilihotelgroup.com