Skip To Content
    Return to Previous Page

    1467 Russell St

    Orangeburg, SC 29115
    • $3,800,000
    • STATUS: Active
    • ON SITE: 134 days
    • ID#: 30587418
    UPDATED: 23 min ago
    $3,800,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 33,000
      SQFT
    • $115
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    The Russell Inn, was built as a Hotel in 1965 and is the only hotel within a mile of the Universities and Colleges. Its use changed in 2007 because of the growth in the demand for student housing and was leased individually to students attending: South Carolina State University, Claflin University and Orangeburg-Calhoun Technical College.From 2009 - 2019, The center was leased exclusively by Claflin University, which is within walking distance from the campus. In 6/2019, Claflin students vacated the building but in 2 months, and rooms again were leased to individual students from the 2 Universities and 1 College , so we are proud to say we already have 37.5% of the beds leased. Orangeburg Library & Conference Center will be done Spring of 2021, Only 2 blocks from The Russell Inn. There will also be an amphi theatre for Music Concerts.The Russell Inn may also have short term rentals!

    Monthly Payment Calculator

    www.thecassinagroup.com/homes/104372154
    Print Image

    1467 Russell St Orangeburg, SC 29115

    • Price: $3,800,000
    • Status: Active
    • Updated: 23 min ago
    • ID#: 30587418
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    33,000
    SQFT
    $115
    $/SQFT
    Neighborhood:
    Orangeburg County
    County:
    Orangeburg
    Area:
    Orangeburg County
    Property Description
    The Russell Inn, was built as a Hotel in 1965 and is the only hotel within a mile of the Universities and Colleges. Its use changed in 2007 because of the growth in the demand for student housing and was leased individually to students attending: South Carolina State University, Claflin University and Orangeburg-Calhoun Technical College.From 2009 - 2019, The center was leased exclusively by Claflin University, which is within walking distance from the campus. In 6/2019, Claflin students vacated the building but in 2 months, and rooms again were leased to individual students from the 2 Universities and 1 College , so we are proud to say we already have 37.5% of the beds leased. Orangeburg Library & Conference Center will be done Spring of 2021, Only 2 blocks from The Russell Inn. There will also be an amphi theatre for Music Concerts.The Russell Inn may also have short term rentals!
    Exterior Features

    Land Size Min 1.000 Land Size Units Acre

    Property Features

    Property Status Existing Property Sub Type Mid-RiseMixed UseStudent Housing Property Type Multi-Family Sale Price Min 3800000.00 Title The Russell Inn - 89 Bed - 69 Unit Student Housing Center Zoning Hotel Comm.

    Listing courtesy of Carolina Elite Real Estate.
     
    https://bt-photos.global.ssl.fastly.net/chscomm/orig_boomver_1_30587418-10.jpg https://bt-photos.global.ssl.fastly.net/chscomm/orig_boomver_1_30587418-10.jpg https://bt-photos.global.ssl.fastly.net/chscomm/orig_boomver_1_30587418-10.jpg
    Logo
    The Cassina Group, LLC
    309 Coleman Boulevard
    Mount Pleasant SC, 29464