New Luxury Boutique Hotel
5 Room Hotel | Beaufort, SC 29902 | $1,900,000 ($380,000/Room) | 7% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,900,000
- Property Type
-
Hospitality
- Square Feet
- 2,737 SF
Listing Contacts
Richard Callari
Verified Profile
- Property Info
Property Overview
Here is your chance to own a piece of history originally constructed in 1785 and extensive renovation completed in 2024, with Intercostal water views from the back porch. This brand new boutique hotel is located in the heart of Downtown Beaufort, SC historic district. The hotel has undergone a complete renovation with attention to every detail, and is now in operation. The property is being sold fully furnished as a operational & turn-key boutique hotel with professional website and branding package. Take advantage of a passive investment opportunity with the option for full service local management by All Hospitality Group, LLC .
The historic mansion has been expertly restored, including a full retrofit for commercial use, complete with a sprinkler system, monitored fire alarm, wireless wifi mesh system with smart door locks, an ADA lift, and hard-wired video camera system. Enjoy luxurious amenities such as three grand covered porches, 10+ foot ceilings, original plaster walls, vintage millwork, grand marble bathrooms and wide plank hardwood floors. Don't miss out on the chance to own a piece of history and invest in a unique boutique hotel in one of the most sought-after destinations in SC.
This property is on a corner lot with great visibility. It is directly across the street from USCB's downtown campus, and just a short walk from the historic districts shopping and dining.
Property was professionally designed and being offered for sale as a turn key investment opportunity.
Self manage or use professional management company currently in place.
Great opportunity for a passive investment opportunity and full service management in place and significant room for additional growth.
Financial projections available upon request. Please reach out for more information. Listing broker has an ownership interest in the property.
Turn key Boutique Hotel
Brand New hotel in a iconic historic building
Full Service Management offering passive investor return
5 Luxury Guest Suites with private baths
Grand covered porches for guest gathering
Candidate for Bonus Depreciation
The historic mansion has been expertly restored, including a full retrofit for commercial use, complete with a sprinkler system, monitored fire alarm, wireless wifi mesh system with smart door locks, an ADA lift, and hard-wired video camera system. Enjoy luxurious amenities such as three grand covered porches, 10+ foot ceilings, original plaster walls, vintage millwork, grand marble bathrooms and wide plank hardwood floors. Don't miss out on the chance to own a piece of history and invest in a unique boutique hotel in one of the most sought-after destinations in SC.
This property is on a corner lot with great visibility. It is directly across the street from USCB's downtown campus, and just a short walk from the historic districts shopping and dining.
Property was professionally designed and being offered for sale as a turn key investment opportunity.
Self manage or use professional management company currently in place.
Great opportunity for a passive investment opportunity and full service management in place and significant room for additional growth.
Financial projections available upon request. Please reach out for more information. Listing broker has an ownership interest in the property.
Turn key Boutique Hotel
Brand New hotel in a iconic historic building
Full Service Management offering passive investor return
5 Luxury Guest Suites with private baths
Grand covered porches for guest gathering
Candidate for Bonus Depreciation
Property Details
- Class
- B
- Year Built/Renovated
- 1785/2024
- Stories
- 2
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 28,750 SF
- Units
- 5
Highlights
- Central Downtown Location
- Candidate for Bonus Depreciation and other tax benefits
- 5 Luxury suites- fully automated operation with no on site staff
- Exceptional guest reviews
- Full Service management in place offering passive income
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