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
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!