Hodges Ward Elliott ("HWE") is pleased to present the opportunity to acquire the Hampton Inn Rock Hill ("Property" or "Hotel"), situated just outside of Charlotte, one of the largest metropolitan areas in the Southeastern United States.
The Hotel enjoys a highly-visible location on I-77 and located within five miles of nearly 23 million square feet of office and industrial space, as well as key demand drivers such as Winthrop University, Piedmont Medical Center, Giti Tire, and Rock Hill's vibrant Downtown Historic District.
The Hotel is offered fee simple and unencumbered of management.
| 2111 Tabor Dr, Rock Hill, SC 29730 | |
| YEAR OPENED | 1992 |
| KEYS | 163 |
| STORIES | 5 |
| SITE AREA | ± 2.81 Acres |
| Meeting Space | 777 SF |
| AMENITIES |
|
| Interest Conveyed | Fee Simple |
| Management | Unencumbered |
| Labor | Non-Union |
Investment Highlights
INCREDIBLE ACCESSIBILITY and VISIBILITY
The Property is conveniently located just off I-77 with an average daily traffic count exceeding 163,000 vehicles in York County. Positioned less than 30 minutes from Charlotte—ranked as the third fastest-growing city in the United States, adding nearly 16,000 new residents in 2023—this location offers exceptional accessibility and connectivity to one of the region's most dynamic urban centers.
IDEAL LOCATION WITH HEALTHY BUSINESS/LEISURE MIX
The Property boasts an ideal location near major employers like Giti Tire and is proximate to 3D Systems and Atlas Copco, a leading air compressor supplier with approximately 1,000 employees in Rock Hill and the greater Charlotte region. It is also within minutes of Rock Hill’s Downtown Historic District, home to attractions such as the Main Street Children’s Museum, Glencairn Garden, and Winthrop University, making it a popular destination for tourists. Additionally, Carowinds, a 407-acre amusement park just over the North Carolina border, draws nearly two million visitors annually.
York County’s Unprecedented Growth: Over 4,000 New Jobs and $1.6 Billion in Investments
Over the past five years, York County has experienced a surge in economic growth, with more than 50 major new projects and expansions announced, resulting in the creation of over 4,000 new jobs. In 2023 alone, the county successfully completed eight projects, contributing approximately $1.6 billion in capital investments. Looking ahead, Rock Hill is poised for a transformative economic boom over the next five years, driven by an unprecedented pipeline of new developments and investments that are set to reshape the region’s economic landscape.
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Southbridge
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4 million square feet of Class A office space
400,000 square feet of retail space
600+ residential units
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Ballantyne Reimagined
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300,000 square feet of retail space
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$200 million mixed-use development
23-acre site
1.3 million square feet
I-77 Megasite
1,500+ acres
9 million square feet of proposed space
Estimated 2,000 jobs
Waterford Business Park Rock Hill
25-acre site
Two 120,000-square-foot buildings
Approximately one mile from the Hampton Inn Rock Hill
ROCK HILL’S 365-DAY SPORTS DEMAND
The Hampton Inn Rock Hill is conveniently located within 10 minutes of premier sports facilities, including Manchester Meadows Park, Rock Hill Tennis Center, Cherry Park, Rock Hill Velodrome, and the Rock Hill BMX Supercross Track, offering unparalleled access to the city's top recreational and competitive venues. The Hampton's convenient location and complementary breakfast makes the Hotel popular with young athletes and their families.
NO NEW SUPPLY
There are currently no hotels currently under construction in the Monroe/Rock Hill submarket, which should allow for increased occupancy and ADR in the coming years.
Rock Hill BMX Supercross Track
ASCENDING OPERATING PERFORMANCE / STRONG SUBMARKET TRENDS
For the year-end 2024, RevPAR for the Hampton Inn and the overall Monroe/Rock Hill submarket rose by 10.7% and 8.2%, respectively. Supported by a steady influx of new developments, the area's recession-proof "eds and meds" foundation, and proximity to numerous blue-chip employers, the Hampton Inn is well-positioned to maintain strong momentum and capture outsized growth opportunities.
ATTRACTIVE ACQUISITION BASIS
The anticipated transaction price places a new owner’s all-in basis significantly below replacement cost allowing an investor to benefit substantially from a combination of location in a growing economy and upside opportunity.
POWER OF HILTON
Hilton is one of the most recognized and respected names in the hospitality industry. With over 100 years of experience, Hilton has established a reputation for delivering top guest experiences. With a collection of 22 distinct brands, Hilton provides exceptional stays in more than 7,500 worldwide locations, providing a vast network that attracts both leisure and business travelers. Its rewards program, Hilton Honors, is a powerful loyalty tool that boasts nearly 190 million members globally, driving repeat business and customer loyalty.
