The Embassy Suites Columbia Greystone Lodge, situated in Columbia, South Carolina, is at present listed on the market. This 218-room property is introduced by JLL’s Accommodations & Hospitality Group, providing a charge easy curiosity. Located on the intersection of I-126 and Greystone Boulevard, the lodge is strategically positioned close to key points of interest such because the Riverbanks Zoo and Gardens, downtown Columbia, and the College of South Carolina.
Property Overview
In-built 1988, the Embassy Suites Columbia Greystone sits on a 6.61-acre parcel and is a freehold property. The lodge is being supplied unencumbered of administration and debt, offering potential consumers with the pliability to implement their very own operational methods. The property is obtainable at a major low cost to substitute value, making it a beautiful choice for traders in search of to amass a premium branded lodge with institutional high quality.
Strategic Location
The lodge’s location is one in every of its key promoting factors. It’s lower than 4 miles from the College of South Carolina and the South Carolina State Home, making it an excellent lodging alternative for guests to those establishments. Moreover, it is just 10 miles from Fort Jackson, a serious U.S. Military set up, additional enhancing its enchantment to a various vary of company. The proximity to I-126 ensures quick access to and from the lodge, enhancing its comfort for vacationers.
Funding Potential
The Embassy Suites Columbia Greystone presents vital upside potential for traders. The property requires renovations below a Property Enchancment Plan (PIP), which may result in improved money move and elevated property worth. These upgrades, mixed with centered, hands-on administration, can capitalize on the enhancing market fundamentals within the space. The lodge’s sale at a reduction to substitute value offers an extra monetary incentive for traders seeking to maximize returns.
Inquire at JLL.