Red Roof Inn Florence — Sale in Florence, SC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Florence, SC 29501

Photos

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Investment Figures

Cap rate
8.73%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the opportunity to acquire the 112-room Red Roof Inn Florence–Civic Center, a well-maintained, two-story hotel located in Florence, South Carolina. Strategically positioned along David H. McLeod Boulevard just off I-20 and minutes from I-95, the property offers convenient access to the Florence Center, Magnolia Mall, Florence Veterans Park and a dense concentration of restaurants, retailers and entertainment. The hotel benefits from a diversified mix of interstate, corporate, healthcare, sports-tourism and leisure demand generated throughout the Pee Dee region. Additional demand is supported by Florence’s expanding manufacturing economy, major regional healthcare systems, nearby athletic facilities and Darlington Raceway. This combination of national brand affiliation, interstate connectivity and proximity to established demand generators positions the Red Roof Inn as an attractive hospitality investment within one of Florence’s primary commercial corridors. Investment Highlights: • Fee-simple interest in the 112-room, two-story Red Roof Inn located in Florence, South Carolina • Prime commercial location just off I-20 and minutes from I-95, providing connectivity throughout the East Coast • Steps to the Florence Center, a 10,000-seat venue hosting concerts, conventions, and sporting events • Walking distance to Magnolia Mall, Florence Veterans Park and a dense concentration of restaurants, retailers and entertainment • 4 miles to Florence Sports Complex, Florence has emerged as one of the top sports tourism markets in the Southeast

Market Context

This hospitality in Florence, SC is listed for sale. It is offered at an approximate 8.7% capitalization rate, a key benchmark for income-producing hospitality assets. Compare it against other hospitality listings for sale in Florence, SC — view the full market.

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