Clarion Inn Airport West Columbia | Value-Add 500 Chris Dr 142 Hotel Rooms Online Auction Sale West Columbia, SC 29169
INVESTMENT HIGHLIGHTS
- Choice-branded, 142-key hotel investment enjoys a prime location located just minutes from downtown Columbia with easy access to demand generators.
- Value-add opportunity w/ significant upside by increasing revenues and profit margins by driving RevPAR growth and improving operational efficiencies.
- Multiple brand conversions available (Clarion Pointe, SureStay, Days Inn, or Baymont), explore workforce housing, or redevelop the large 7.1-acre site
- Opportunity Zone location enhances after-tax returns for qualified investors.
EXECUTIVE SUMMARY
Lodging Partners, LLC is pleased to present for sale the fee simple interest in the 142-room Clarion Inn West Columbia (the “Hotel”), strategically located in West Columbia, South Carolina, immediately off Interstate 26. This property offers direct access to Columbia Metropolitan Airport (CAE), downtown Columbia, and the University of South Carolina (USC)—placing it in the heart of a dynamic corporate, government, and leisure-driven lodging market.
The Clarion Inn enjoys proximity to major employers, government offices, and high-profile attractions such as Riverbanks Zoo & Garden, Colonial Life Arena, and the South Carolina State House. It is also minutes from Lexington Medical Center, one of the state’s largest hospitals, and Fort Jackson, the U.S. Army’s premier basic training facility. This central location and diverse demand base make the Hotel an attractive option for business travelers, government employees, sports teams, and leisure guests alike.
Notably, the Hotel is located within a designated Opportunity Zone, providing significant tax advantages for qualified investors—including capital gains deferral and long-term tax exclusions.
The acquisition of Clarion Inn West Columbia offers investors the rare chance to acquire a cash-flowing asset with immediate upside potential through repositioning, rebranding, or adaptive reuse, all within a growing market with strong economic fundamentals.
The Clarion Inn enjoys proximity to major employers, government offices, and high-profile attractions such as Riverbanks Zoo & Garden, Colonial Life Arena, and the South Carolina State House. It is also minutes from Lexington Medical Center, one of the state’s largest hospitals, and Fort Jackson, the U.S. Army’s premier basic training facility. This central location and diverse demand base make the Hotel an attractive option for business travelers, government employees, sports teams, and leisure guests alike.
Notably, the Hotel is located within a designated Opportunity Zone, providing significant tax advantages for qualified investors—including capital gains deferral and long-term tax exclusions.
The acquisition of Clarion Inn West Columbia offers investors the rare chance to acquire a cash-flowing asset with immediate upside potential through repositioning, rebranding, or adaptive reuse, all within a growing market with strong economic fundamentals.
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Purchase Agreement
- Operating and Financial Statements
- Franchise Agreement
- Title
- Assignable Contracts
- Offering Memorandum
- Third Party Reports
- Financing
MARKET ANALYTICS Click Here to Access
$99,999
Asset Value
$99,999
12 Month Sales Volume
12 Month Sales Volume
Total
Lowest
Highest
Transactions
999
-
-
Sales Volume
$99,999
$99,999
$99,999
Properties Sold
999
-
-
Transacted Rooms
999
999
999
Average Rooms
999
999
999
9.9%
Market Cap Rate
9.9%
Market Sale Price/Room Change (YOY)
12 Month Sales Price
Average
Lowest
Highest
Market
Cap Rate
9.9%
9.9%
9.9%
9.9%
Sale Price/Room
$99,999
$99,999
$99,999
$99,999
Sale Price
$99,999
$99,999
-
-
Sale vs Asking Price
-9.9%
-9.9%
-9.9%
-
Months to Sale
9.9%
9.9%
9.9%
-
Market Sale Price per Room
Columbia - SC USA
Market Cap Rate
Columbia - SC USA
Market Sale Price per Room by Class
Luxury & Upper Upscale
Upscale & Upper Midscale
Midscale & Economy
Market Cap Rate by Class
Luxury & Upper Upscale
Upscale & Upper Midscale
Midscale & Economy
Market Sale Price per Room Distribution
Market Cap Rate Distribution
PROPERTY FACTS
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 7.10 AC |
| Building Size | 43,648 SF |
| No. Rooms | 142 |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 4.67/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- On-Site Bar
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 142 | $107.46 CAD | - |
ABOUT COLUMBIA
Columbia is the capital of South Carolina and second-largest city in the state. Visitors are drawn to Columbia by the local charm, southern hospitality, and natural beauty. Popular attractions include the Riverbanks Zoo and Garden, the South Carolina State Museum, and nearby Congaree National Park.
The University of South Carolina (USC) is home to 35,000 students, which makes it the largest university in the state. USC generates lodging demand with events such as parents’ weekend, homecoming, and athletic events from its 19 varsity teams in the Southeastern Conference and Conference USA.
Room demand is also generated by Fort Jackson, the U.S. Army’s largest training post, and other large employers in the area such as Nephron Chemical, Wells Fargo, Colonial Life, and a large Amazon distribution center.
The Columbia Metropolitan Airport provides the region with direct access to a dozen major cities including Miami, New York City, and Dallas. Interstates 20, 26, and 77 connect the area to Atlanta, Charleston, and Charlotte, respectively.
PROPERTY TAXES
| Parcel Number | 004534-05-010 | Improvements Assessment | $215,600 CAD |
| Land Assessment | $34,496 CAD | Total Assessment | $250,095 CAD |
ZONING
| Zoning Code | C-2 |
SALE ADVISORS
SALE ADVISORS
Erin Zitelli-Davis, VP
(704) 989-3500
Contact
Erin Zitelli-Davis has worked with hotel developers and operators for over 7 years and specializes in hotel brokerage, site selection and development. She has completed nearly $100 million in lease transactions and has closed over $50 million in land transaction sales. Erin has negotiated terms and pricing for complex land transactions ranging from $3 – $12 million in value, and she assists in multiple aspects of the development process including acquisition, zoning/entitlements, design, and permitting.
Ford Barton, Principal
(704) 906-4630
Contact
Ford C. Barton is a 37-year hotel industry veteran, including more than 24 years at the executive level with Marriott Hotels, Manor Care Hotels / Sunburst Hospitality, and Choice Hotels International. Mr. Barton has acted in hundreds of hotel transactions, and his multi-dimensional experience includes senior level real estate acquisition and disposition, asset management, franchise development, and new project development.
Mr. Barton's hospitality real estate experience includes single asset and portfolio acquisitions, sales, and franchise development in the select and full service market segments. During his career, Mr. Barton has acted in hundreds of hotel transactions, with an aggregate value exceeding $2.1 billion and has extensive experience in hotel dispositions resulting from and related to bankruptcy, foreclosure, short-sales, auctions, and traditional market sales. Mr. Barton has been involved in recent hotel sales across most major hotel brands, including: Marriott, Hilton, IHG, Choice Hotels, Best Western, Wyndham, Radisson Hotel Group, and independently flagged properties.
His multi-dimensional experience includes senior-level real estate acquisition and disposition, asset management, franchise development, and new project development. Mr. Barton's experience in hotel acquisition and franchising has been evidenced by his participation in over 780 property transactions involving independent and franchised hotels, land sites, and other forms of commercial real estate. He has also owned, operated, and developed hotels, and truly understands the perspective of owners, franchisors, management companies, and lenders from his experience as an owner.
Specialties: Hotel real estate expertise including acquisitions, transaction and contract negotiations, strategic valuation analyses, development, asset management, franchise development, brand recommendations, and feasibility and market analyses.
Mr. Barton's hospitality real estate experience includes single asset and portfolio acquisitions, sales, and franchise development in the select and full service market segments. During his career, Mr. Barton has acted in hundreds of hotel transactions, with an aggregate value exceeding $2.1 billion and has extensive experience in hotel dispositions resulting from and related to bankruptcy, foreclosure, short-sales, auctions, and traditional market sales. Mr. Barton has been involved in recent hotel sales across most major hotel brands, including: Marriott, Hilton, IHG, Choice Hotels, Best Western, Wyndham, Radisson Hotel Group, and independently flagged properties.
His multi-dimensional experience includes senior-level real estate acquisition and disposition, asset management, franchise development, and new project development. Mr. Barton's experience in hotel acquisition and franchising has been evidenced by his participation in over 780 property transactions involving independent and franchised hotels, land sites, and other forms of commercial real estate. He has also owned, operated, and developed hotels, and truly understands the perspective of owners, franchisors, management companies, and lenders from his experience as an owner.
Specialties: Hotel real estate expertise including acquisitions, transaction and contract negotiations, strategic valuation analyses, development, asset management, franchise development, brand recommendations, and feasibility and market analyses.
ABOUT THE AUCTION PLATFORM
Ten-X Commercial is the leading end-to-end digital transaction platform for commercial real estate. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
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AUCTION CONTACT
Kevin Loudy
Contact
Auctioneer License:
Ten-X Samantha Kristine Corbat RE Brkr 21233. Ten-X Auction Firm 4085. Arlene Richardson Auctioneer 4820
