The La Quinta Inn & Suites Charleston Riverview is out there for acquisition, providing potential consumers a strategic location and operational alternatives..
CBRE Motels has introduced the sale of the La Quinta Inn & Suites Charleston Riverview, a corporate-owned lodge situated in Charleston, South Carolina. The property is located off the James Island Expressway, adjoining to the Ashley River, offering entry to key areas such because the Faculty of Charleston, The Citadel, Charleston Worldwide Airport, and historic downtown Charleston. The lodge options 174 rooms and attracts a various vary of enterprise, faculty, and leisure guests.
Funding Particulars
The lodge is out there for acquisition with no Property Enchancment Plan (PIP) required till January 2027. Wyndham might difficulty a brand new PIP at the moment, with a two-year completion window for the franchisee. The property will probably be offered with out administration obligations, permitting new homeowners to implement native operational methods and price controls.
Location Benefits
The lodge’s location offers direct entry to a number of key demand drivers, together with instructional establishments such because the Faculty of Charleston and The Citadel, in addition to the Charleston Worldwide Airport and the Medical College of South Carolina (MUSC). Its proximity to the Port of Charleston Cruise Terminal and the historic downtown space, which incorporates points of interest such because the French Quarter, Charleston Metropolis Market, and Waterfront Park, ensures a gentle stream of leisure demand.
Financial and Cultural Context
Charleston serves as a serious financial and cultural hub within the Carolinas, positioned alongside the Atlantic Ocean on the junction of three main rivers. The town advantages from deepwater ports, main interstate highways, and international commerce routes, making it a key gateway for commerce within the Southeast. Charleston’s infrastructure, financial progress, and cultural choices contribute to its attractiveness as a marketplace for funding and improvement.
Inquire at CBRE.