Project Description

The 112-key Holiday Inn Express & Suites Bluffton at Hilton Head is located in Bluffton, South Carolina. The hotel was constructed in 2002, consists of 4-stories, and features 1248 square feet of meeting space, complimentary breakfast, a fitness center, outdoor pool, business center, and high-speed WIFI Internet. The hotel benefits from being positioned in a thriving tourism destination, Hilton Head Island. Hilton Head is home to several championship golf courses including the most notable Harbour Town PGA Championship course. Just a short drive to local beaches, restaurants, and shopping destinations, the hotel thrives off of sustainable tourism and t ransient business travel.

LOCATION: Bluffton, South Carolina

YEAR BUILT: 2005

NUMBER OF ROOMS: 112

AQUISTION DATE: June 2014

PROJECTED IRR: 26%

PROJECTED EQUITY MULTIPLE: 2.47

BUSINESS PLAN: Renovation/Management Realignment