-
La Quinta Inn & Suites Charleston Riverview Hotel Listed for Sale – Image Credit CBRE
The La Quinta Inn & Suites Charleston Riverview is available for acquisition, offering potential buyers a strategic location and operational opportunities..
CBRE Hotels has announced the sale of the La Quinta Inn & Suites Charleston Riverview, a corporate-owned hotel located in Charleston, South Carolina. The property is situated off the James Island Expressway, adjacent to the Ashley River, providing access to key locations such as the College of Charleston, The Citadel, Charleston International Airport, and historic downtown Charleston. The hotel features 174 rooms and attracts a diverse range of business, college, and leisure visitors.
Investment Details
The hotel is available for acquisition with no Property Improvement Plan (PIP) required until January 2027. Wyndham may issue a new PIP at that time, with a two-year completion window for the franchisee. The property will be sold without management obligations, allowing new owners to implement local operational strategies and cost controls.
Location Advantages
The hotel’s location provides direct access to several key demand drivers, including educational institutions such as the College of Charleston and The Citadel, as well as the Charleston International Airport and the Medical University of South Carolina (MUSC). Its proximity to the Port of Charleston Cruise Terminal and the historic downtown area, which includes attractions such as the French Quarter, Charleston City Market, and Waterfront Park, ensures a steady flow of leisure demand.
Economic and Cultural Context
Charleston serves as a major economic and cultural hub in the Carolinas, positioned along the Atlantic Ocean at the junction of three major rivers. The city benefits from deepwater ports, major interstate highways, and global trade routes, making it a key gateway for commerce in the Southeast. Charleston’s infrastructure, economic growth, and cultural offerings contribute to its attractiveness as a market for investment and development.
Inquire at CBRE.
