200 Zimalcrest DrColumbia, SC 29210

Property Details for 200 Zimalcrest Dr

Year built

1966

Lot size

2.01 AC

Property size (Sq ft)

34,841 SF

Property type

Hospitality properties

Property subtype

Other hospitality properties

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.

Location Insight

City

Columbia

County

Lexington

State

South Carolina

Latitude

34.0315

Longitude

-81.1079

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