South Carolina / Gaffney / 29341 / 1031 Hyatt Street

1031 Hyatt Street

Q: What is the asking price for 1031 Hyatt Street in Gaffney?

The asking price for 1031 Hyatt Street is $9,150,000

Q: What is the building size of this Specialty property in Gaffney, SC?

The size of the building/unit at 1031 Hyatt Street in Gaffney is 59,677 square feet.

Q: How much land does the Gaffney, SC property at 1031 Hyatt Street include?

1031 Hyatt Street in Gaffney includes 0.500 acres of land.

Q: What kind of Specialty is the property at 1031 Hyatt Street?

The property at 1031 Hyatt Street Gaffney, SC 29341 is listed as a Hotel/Motel/Resort Specialty property.

Q: What is the population within 1 mile of 1031 Hyatt Street?

The population within 1 mile of 1031 Hyatt Street Gaffney, SC 29341 is 723 people.

Q: Who do I contact for questions about 1031 Hyatt Street?

You should contact the listing agent, Robert Hunter , for any details regarding this commercial listing.

Gaffney, SC 29341

Listing ID: 275453

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Building Size: 59,677 SF

Lot Size: 0.500 AC

Land Size: 21,780 SF

Building $/SF: $153.33

Land $/SF: $420.11

Price

$9,150,000

Property Highlights

Property Constructed to Conform to Formula Blue 2.0 Standard

5-Story New Construction

It is Expected the Buyer Will Obtain a 20-Year Franchise License

Description

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 81-room Holiday Inn Express located in Gaffney, South Carolina. The Holiday Inn Express is a 2021-built, 5-story property located near Interstate 85, providing ease of access for commerce and tourism. Holiday Inn Express Gaffney provides the opportunity for a new owner to acquire a brand-new, 81-room hotel with potential to realize significant RevPAR growth through a complete rebranding and utilization of the IHG name, reservation system, and loyal base of guests.

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Listing Demographics for 1031 Hyatt Street Gaffney, SC 29341

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

Demographics Charts

Demographics Tables

Total Population		723	7,839	24,611
Population Median Age		39	38	39
Population by Age	0-9 Yrs	84 (11%)	1084 (13%)	3087 (12%)
	10-19 Yrs	106 (14%)	1130 (14%)	3509 (14%)
	20-29 Yrs	94 (13%)	1007 (12%)	3510 (14%)
	30-39 Yrs	126 (17%)	1037 (13%)	2849 (11%)
	40-49 Yrs	52 (7%)	797 (10%)	2924 (11%)
	50-59 Yrs	90 (12%)	916 (11%)	3151 (12%)
	60-69 Yrs	71 (9%)	866 (11%)	2762 (11%)
	70+ Yrs	100 (13%)	1002 (12%)	2819 (11%)

Median HH Income		$46,103	$38,184	$34,126
Total Household Income	< 24K	60 (23%)	882 (30%)	3307 (36%)
	25-49K	81 (31%)	920 (31%)	2750 (30%)
	50-74K	37 (14%)	371 (12%)	1182 (12%)
	75-99K	33 (12%)	308 (10%)	851 (9%)
	100-199K	36 (14%)	367 (12%)	961 (10%)
	200K+	7 (2%)	41 (1%)	83 (0%)

Highest Education Level	No Diploma	71	732	3063
	Diploma or GED	187	1860	5549
	Some College	89	1025	3569
	Assoc. Degree	66	606	1516
	Bachelors Degree	79	655	1574
	Higher Degree	23	368	1007

Total Housing Units		295	3,367	11,125
--Owner-Occupied		155	1,678	5,488
--Renter-Occupied		100	1,212	3,645
Owner-Occupied Values	< 100K	38	419	2191
	100-199K	101	961	2391
	200-299K	12	225	686
	300-399K	1	58	185
	400-499K	0	0	4
	500K+	3	15	31

Total Working Age Population		575	6,169	19,736
In Work Force		327	3,518	10,747
Not In Work Force		247	2,651	8,990
Workforce Employed		314	3,352	10,022
Workforce Unemployed		14	166	725
Civlian Workforce		327	3,518	10,747
Military Workforce		0	0	0

Total Households		255	2,890	9,134
Family Households		123	1,445	4,731
Non-Family Households		132	1,445	4,403
Married Couple		97	1,053	3,277
Other Family		26	392	1,454
Married w/Child		24	301	946
Single Male w/Child		7	74	168
Single Female w/Child		6	132	561

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
South Carolina	4,012,012	+15	4,625,364	+9	5,020,400	+9	5,488,460
Cherokee County	52,537	+5	55,342	+12	61,760	+9	67,350
Spartanburg County	253,791	+12	284,307	+9	310,220	+9	336,810

Common Questions and Answers

What is the asking price for 1031 Hyatt Street in Gaffney?

The asking price for 1031 Hyatt Street is $9,150,000

What is the building size of this Specialty property in Gaffney, SC?

The size of the building/unit at 1031 Hyatt Street in Gaffney is 59,677 square feet

How much land does the Gaffney, SC property at 1031 Hyatt Street include?

1031 Hyatt Street in Gaffney includes 0.500 acres of land

What kind of Specialty is the property at 1031 Hyatt Street?

The property at 1031 Hyatt Street Gaffney, SC 29341 is listed as a Hotel/Motel/Resort Specialty property

What is the population within 1 mile of 1031 Hyatt Street in Gaffney?

The population within 1 mile of 1031 Hyatt Street Gaffney, SC 29341 is 723 people.

Who do I contact for questions about 1031 Hyatt Street?

You should contact the listing agent, Robert Hunter , for any details regarding this commercial listing.

Other Listings for Sale Nearby

Closest Commercial Airports

Airport	Distance (mi)	Directions
Greenville Spartanburg International Airport (GSP)	32
Charlotte Douglas International Airport (CLT)	44
Asheville Regional Airport (AVL)	53

1031 Hyatt Street

Gaffney, SC 29341

Property Highlights

Description

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Gaffney Area Market Trends

Listing Demographics for 1031 Hyatt Street Gaffney, SC 29341

Common Questions and Answers

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Closest Commercial Airports

Robert Hunter

Marcus & Millichap

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