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Fairfield Inn Columbia Northwest/Harbison 320 Columbiana Dr

84 Room Hotel Columbia, SC 29212 For Sale

Investment Highlights

  • Lender-Owned (REO)
  • City Express PIP has been Ordered
  • Proximate to University of South Carolina, Downtown Columbia, Fort Jackson Military Base, Prisma Health Baptist Parkridge Hospital, Lexington Medical
  • Anticipated to be Eligible for a Long-Term Marriott Agreement as a City Express Conversion
  • Stable Competitive Set RevPAR

Executive Summary

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale by auction the fee simple interest in the 84-room Fairfield Inn located in Columbia, South Carolina. The hotel is currently owned by the lender who took title in December 2022. It is a four-story structure built in 1998 and located directly off Interstate 26. Fairfield Inn Columbia Northwest-Harbison is anticipated to convert to City Express by Marriott in the near future, providing the opportunity for a new owner to acquire a select-service hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Marriott name, reservation system, and loyal base of guests.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.19 AC
Building Size 43,068 SF
No. Rooms 84
No. Stories 4
Year Built/Renovated 1997/2011
Tenancy Single
Parking Ratio 1.81/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Digital key

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 84 $115.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04904-01-04
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,520,800

zoning

Zoning Code PD (Planned Development zoning is intended to encourage mixed-use development that is well-planned and integrated)
PD (Planned Development zoning is intended to encourage mixed-use development that is well-planned and integrated)
  • Listing ID: 33769574

  • Date on Market: 11/6/2024

  • Last Updated:

  • Address: 320 Columbiana Dr, Columbia, SC 29212

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