A suburban Charleston hotel fetched $6.4 million this month, the first ownership change for the 77-room property since it opened its doors nearly 20 years ago. The sale of the Clarion Pointe Charleston-West Ashley worked out to about $83,000 per key.
The seller was MSP Hotel Inc . The four-story Choice Hotels -branded lodging is at 2455 Savannah Highway and was built in 2005. It once operated under the Hawthorn Suites flag .
According to property records, the lot last sold in 1998 for $467,500 to MSP. The new owner is Bhaagya Investments LLC , which shares the same address as a Days Inn by Wyndham in Hinesville, Ga. Commercial real estate brokerage firm Marcus & Millichap represented the seller.
Jack Davis , senior vice president of investments, said a competitive bidding process preceded the sale, which was structured by the seller as a tax-free transaction known as a 1031 exchange. The Charleston Museum tells the 'complete story of Charleston' in its newest exhibit A view of Charleston International Airport, which is in the early stages of a big expansion project. Passenger traffic at Charleston International in September showed the typical summer's end decline, but volume was still ahead of schedule year-over-year.
The airport recorded 516,812 arrivals and departures last month, bringing the total for 2024 to more than 4.7 million. The figure includes the 15 percent surge CHS reported for Labor Day weekend.
September's numbers exceeded last year’s count by more than 7,100. The airport, which broke ground this month on a $348 million, 7,000-vehicle parking garage , has topped last year's passenger volume every month in 2024. CHS is about 1.
2 million shy of its 6 million milestone recorded in 2023. Construction on Charleston International's largest parking garage now underway Two Halloween events in the Lowcountry became hot-ticket items, selling out in advance. Cypress Garden 's three-night Halloween in the Swamp was one of the box office hits.
The Berkeley County attraction sold more than 400 tickets for each night of the Oct. 24-26 event. The $30 "Haunted Swamp Experience" is a boat ride in the swamp that drops participants off on a walking trail through the woods.
Heather McDowell , the park’s director, said the annual event has become popular and earlier times were added this year. Patriots Point packs a $205M economic punch, USC report shows "It's an experience you can't get anywhere else," she said. "Everyone knows divers lurk in the water, but they never expect exactly when, or where, they'll surface.
" At Patriots Point Naval & Maritime Museum , about 850 tickets to the free, annual Yorktown Trick or Treat on Oct. 19 were snapped up within 72 hours, according to officials. The event included a donation of 100 pumpkins from Boone Hall Farms for a decorating contest.
Hundreds of trick-or-treaters dressed up for a special annual event on the Yorktown at Patriots Point Oct. 19. The state-owned military attraction also is holding a social media costume contest through Oct.
31 for the chance to win free admission to the museum and a gift basket. To enter, tag @patriots_point on Instagram and use #CHSCarrierCostumeContest ..
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Charleston hotel changes owners for the first time in 26 years
The Clarion in West Ashley fetched $6.4 million. Also, Charleston International's passenger traffic is ahead of schedule.