RICHMOND, VA, March 2023 – Colliers is pleased to announce the sale of Holiday Inn Express & Suites, located at 145 Independence Boulevard in Hardeeville, SC for $10,425,000.
The property is a 3-story, selective-service hotel comprised of 77 guest rooms, and sits on 1.70 acres in the Hardeeville market with frontage on Interstate-95 and Independence Boulevard. The asset caters to clientele from the Hilton Head and Savannah markets and enjoys especially strong demand in the summer months from beachgoers and golfers. With a robust set of amenities and recent renovations, the hotel is well-positioned in the market alongside its competitors.
David Lockwood, Colliers South Carolina Executive Vice President and COO, along with Colliers’ Merchant Hotel Group, consisting of Prashant Merchant, Executive Vice President, Nic Wade, First Vice President, and Ben Browndorf, Associate, handled the transaction on behalf of the seller.