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511 James L Taylor Road Ridgeland, SC 29936

Sponsored
For Sale
$2,950,000

65-unit hotel, prime I-95 location

Property size:
22,000 SF

Description

Added:
Jan 28, 2025
Days on Market:
364
This exceptional investment opportunity presents a 65-unit Baymont by Wyndham hotel situated directly on Interstate 95 in Ridgeland, South Carolina. Completely renovated in the first quarter of 2022, following a conversion from a SureStay by Best Western, this two-story, exterior corridor property boasts a prime location benefiting from high visibility and easy access for travelers. The hotel's strategic position along I-95 places it within convenient driving distance of major tourist destinations, including Savannah, Georgia, Hilton Head Island, and Charleston, South Carolina. These popular destinations attract a significant volume of tourists traveling the East Coast via I-95, a major artery extending from the US-Canada border to Miami, Florida. Furthermore, the property's proximity to Parris Island Marine Corps Base (26 miles) and Marine Corps Air Station Beaufort (24 miles) provides a consistent stream of clientele. With over 20,000 recruits annually training at Parris Island, and the supporting activities at the Air Station, this presents a reliable source of occupancy. The Savannah Hilton Head International Airport, offering flights from major airlines like United and Delta, is only 31 miles away, further enhancing the hotel's accessibility. The property features 22,000 square feet and is priced to sell at $45,385 per key. 2023 revenue totaled $644,746, and 2024 revenue is projected at $636,660. This represents a minimal to no transfer PIP situation. This is a rare opportunity to acquire a well-positioned, recently renovated hotel with strong revenue potential in a high-traffic area.

Property Features for 511 James L Taylor Road

General Information

Property type
Hotels
Square Feet
22,000 SF
Price / Square Foot
$134
Elevators
N/A

Building Details

Year Built/Renovated
1997/2022
Buildings
1
Stories
2
Units
65

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Listing Contact
Brendan “mac” Bleier

Learn more

Property Insight Report

HighLights

  • 65‑unit Baymont Wyndham hotel in Ridgeland, SC, fully renovated in 2022.
  • Prime I‑95 location near Savannah, Hilton Head, and Charleston, attracting significant tourism.
  • Close proximity to Parris Island Marine Corps Recruit Depot and Marine Corps Air Station Beaufort.
Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Ridgeland
State
South Carolina
Longitude
-80.971581
Latitude
32.480672

FAQs

What type of property is this?
Hotel - 65-unit hotel, prime I-95 location
Where is this hotel located?
The property is located at 511 James L Taylor Road Ridgeland, SC.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 65-unit Baymont Wyndham hotel in Ridgeland, SC, fully renovated in 2022.; Prime I-95 location near Savannah, Hilton Head, and Charleston, attracting significant tourism.; Close proximity to Parris Island Marine Corps Recruit Depot and Marine Corps Air Station Beaufort.
More about this property
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