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Holiday Inn Spartanburg Northwest 160 Simuel Rd 89 Room Hotel Spartanburg, SC 29303 $14,802,005 CAD ($166,315 CAD/Room) 9.60% Cap Rate
Executive Summary
Holiday Inn investment opportunity in Spartanburg, South Carolina. This 89 room hotel offers investors the chance to acquire a branded hospitality asset with upside potential through improved operations and management. Well located within an active lodging market, the property benefits from access to business, transient, and regional travel demand.
This is a confidential offering. Additional information, including financials and due diligence materials, will be provided to qualified purchasers upon signing a confidentiality agreement.
Please do not disturb guests, employees, or on-site management.
This is a confidential offering. Additional information, including financials and due diligence materials, will be provided to qualified purchasers upon signing a confidentiality agreement.
Please do not disturb guests, employees, or on-site management.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $14,802,005 CAD | Building Size | 72,779 SF |
| Price Per Room | $166,315 CAD | No. Rooms | 89 |
| Sale Type | Investment | No. Stories | 4 |
| Cap Rate | 9.60% | Year Built | 1997 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 1.92/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 2.05 AC | ||
| Zoning | Commercial | ||
| Price | $14,802,005 CAD |
| Price Per Room | $166,315 CAD |
| Sale Type | Investment |
| Cap Rate | 9.60% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.05 AC |
| Building Size | 72,779 SF |
| No. Rooms | 89 |
| No. Stories | 4 |
| Year Built | 1997 |
| Tenancy | Single |
| Parking Ratio | 1.92/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Bar
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 9 | $178.72 CAD | - |
| Guest Room | 80 | $151.43 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 6-13-02-009.02 | Improvements Assessment | $261,566 CAD (2025) |
| Land Assessment | $33,020 CAD (2025) | Total Assessment | $294,586 CAD (2025) |
Property Taxes
Parcel Number
6-13-02-009.02
Land Assessment
$33,020 CAD (2025)
Improvements Assessment
$261,566 CAD (2025)
Total Assessment
$294,586 CAD (2025)
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Photos
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Map
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Presented by
Smit Patel
Holiday Inn Spartanburg Northwest | 160 Simuel Rd
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