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Candleberry Inn 105 Marshland Ln 9 Room Bed and Breakfast Greer, SC 29650 $1,200,000 ($133,333/Room)
INVESTMENT HIGHLIGHTS
- Strong In-Place Income: Current full occupancy generates approximately $8,600 per month, with additional upside potential from the unused event space.
- Turnkey Operation: Fully furnished and currently operated as month-to-month rentals, providing immediate cash flow and flexibility for new ownership.
- High Average Household Income: Located in an area with an exceptional median household income of $122,000, the Candleberry Inn benefits from a demogra
- Value-Add Potential: Opportunity to activate and monetize the on-site event space to enhance revenue.
EXECUTIVE SUMMARY
- Flexible Layout: 9 total bedrooms offering multiple private and shared bath configurations:
- 3 units – 1 bed / 1 private bath
- 2 units – 1 bed / shared bath between
- 4 units – 1 bed sharing 1 full bath and 1 half bath
- High Average Household Income: Located in an area with an exceptional median household income of $122,000, the Candleberry Inn benefits from a demographic profile well above both state and national averages.
- Spacious Facility: Approximately ±7,000 square feet of total building area.
- Turnkey Operation: Fully furnished and currently operated as month-to-month rentals, providing immediate cash flow and flexibility for new ownership.
- Zoning: R-1 Residential, allowing for a variety of potential uses subject to local approval.
- Value-Add Potential: Opportunity to activate and monetize the on-site event space to enhance revenue.
PROPERTY FACTS
| Price | $1,200,000 | Lot Size | 1.60 AC |
| Price Per Room | $133,333 | Building Size | 7,000 SF |
| Sale Type | Investment | No. Rooms | 9 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 2002 |
| Property Subtype | Bed and Breakfast | Parking Ratio | 7.26/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | R-1 | ||
| Price | $1,200,000 |
| Price Per Room | $133,333 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 1.60 AC |
| Building Size | 7,000 SF |
| No. Rooms | 9 |
| No. Stories | 2 |
| Year Built | 2002 |
| Parking Ratio | 7.26/1,000 SF |
| Corridor | Interior |
| Zoning | R-1 |
AMENITIES
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Public Access Wifi
ABOUT 105 MARSHLAND LN , GREER, SC 29650
Originally operated as a charming bed and breakfast, this unique 9-bedroom property now functions as a month-to-month rental by the bed, offering strong flexibility and consistent cash flow. The property combines the character and layout of its former hospitality use with the steady demand of today’s short-term and transitional housing market. In addition to the guest accommodations, the property features a spacious event space that is currently underutilized, presenting an excellent opportunity for an investor or owner-operator to generate additional income through events, weddings, or group rentals. Its versatile design and prime location make it well-suited for continued operation as a short-term rental, repositioning back into a boutique lodging business, or exploring new mixed-use concepts.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 9 | $172.00 | - |
PROPERTY TAXES
| Parcel Number | 0529.03-01-008.04 | Improvements Assessment | $567,920 |
| Land Assessment | $48,000 | Total Assessment | $615,920 |
PROPERTY TAXES
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Candleberry Inn | 105 Marshland Ln
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