200 Zimalcrest Dr Columbia, SC 29210
- Hospitality properties
- 34,841 SF
- 2.01 lot acres
Current Use by Public Records
- Carolina Lodge / Hotel / Extended Stay Hotel
Property Details for 200 Zimalcrest Dr
- Year built
- 1966
- Lot size
- 2.01 lot acres
- Property size
- 34,841 SF
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
This 70-key Hawthorn Suites by Wyndham in Columbia, South Carolina, presents a compelling investment opportunity. The two-story, 34,841 square foot hotel, built in 1966 and renovated in 2018, sits on a 2.01-acre lot (APN: 05900-02-03) and boasts convenient access to Interstates 26, 126, and 20, benefiting from high visibility and significant daily traffic (approximately 123,000 vehicles on the nearest section of I-26). All 70 rooms feature kitchenettes with stovetop burners, refrigerators, and microwaves, catering to extended-stay guests. The property's location near the Vista entertainment district offers further advantages. Its GC zoning permits potential for multifamily conversion. The asking price is $3,600,000 ($103.33/sq ft), presenting an excellent opportunity for first-time hotel buyers or owner-operators seeking to enhance operational efficiency and marketing strategies to increase revenue per available room (RevPAR) and surpass competitor performance. The property's potential for increased room operations and strategic management makes it a value-add asset in a thriving market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Lexington
- State
- South Carolina
- Longitude
- -81.1079
- Latitude
- 34.0315
