Landmark Inn


Price:
  $2,450,000   
$2,400,000

Address :
1301 S 4th St.
Hartsville, SC 29550


  •  Solid revenue and cash flow
  •  Concrete structure with numerous recent upgrades
  •  Limited PIP for several conversion opportunities
  •  Onsite managers quarters
  •  Large tract of land may offer spinoff opportunity
  •  Convenience to larger cities
  •  The hotel is currently operated as an independent. Brands available may include: Clarion, Days Inn, Econo Lodge, Super 8, Red Lion, America’s Best Value and others.
    View Map    View Aerial
  •  Hartsville is the population center of Darlington County, which is home to 67,620 people.
  •  Only a short drive to Darlington Raceway, which hosts two NASCAR races over Labor Day weekend, as well as special events throughout the year
  •  Close to Regional Demand Generators, Including...
    •  1.6 Miles to South Carolina Governor’s School for Science Mathematics
    •  1.7 Miles to Coker College
    •  2.2 Miles to Sonoco Products Company Headquarters
    •  2.5 Miles to Lawton Park and Prestwood Lake
    •  2.8 Miles to Byerly Park
    •  4.1 Miles to Carolina Pines Regional Medical Center
    •  4.1 Miles to Kalmia Gardens
  •  125 Rooms (137 Keyed Units)
  •  Continental Breakfast Area (Seats 46)
  •  Meeting Space (Subdivides into 3 Rooms)
  •  Business Center
  •  Guest Laundry
  •  Seasonal Outdoor Pool with Sundeck
  •  Wireless Internet
  •  2 Stories
  •  Exterior Corridors
  •  Concrete Block Structure
  •  Brick Facade
  •  Flat, Rubberized Roof
  •  Asphalt Parking Lot
  •  Built 1973
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2016
2017
T-12Mos 7/18
Occupancy
25.77%
28.74%
21.08%
Average Daily Rate
$61.51
$62.66
$64.00
Room Revenue
$794,803
$829,944
$617,082
Net Operating Income
$299,473
$310,090
N/A
• Occupancy Statistics for 2016 were calculated on a 137-unit basis. There are only 125 units on property that are in inventory. • Monthly operating statistics are calculated on a cash basis and will not match completely with sales figures presented in the income statement.
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!