123 Mall St Santee, SC 29142
The Santee Inn, a 105-key hotel located at 123 Mall St, Santee, SC 29142, presents a compelling investment opportunity. This established hospitality property boasts 52,000 square feet on a 4-acre lot, strategically situated directly on I-95. Built in 1975 and extensively renovated in 2017, the two-story building currently enjoys 100% occupancy (as of December 30, 2022). The asking price is $5,000,000, translating to $96.15 per square foot. The Inn's revenue streams are diversified, including hotel rooms, a restaurant, and a bar, contributing to its strong financial performance. Projections indicate a substantial gross income, justifying a higher purchase price, yet the seller is motivated to sell at the listed price. The property is zoned for commercial use and the owner is willing to assist with financing. This represents a rare opportunity to acquire a highly profitable hotel in a prime location with significant upside potential. The property's strong performance and diverse revenue streams make it an attractive investment for owner-users seeking a turnkey operation. Further financial details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.