1201 Us-17 Hwy, Myrtle Beach, SC 29575

68 Room Hotel | Myrtle Beach, SC 29575 | $7,500,000 ($110,294/Room)

Asking Price $7,500,000

Property Type
Hospitality
Square Feet
32,208 SF

Listing Contacts

Gordon Allred
Gordon Allred
Stanley Wang
Stanley Wang
Benjamin Yelm
Benjamin Yelm
  • Property Info

Property Overview

Ben Yelm // Broker of Record // License SC 86628

Property Tours
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offer
Marcus & Millichap has been chosen to exclusively market for sale the Quality Inn Surfside Myrtle Beach a two-story limited service hotel located in Surfside Beach, South Carolina. Hotel amenities include a seasonal outdoor pool, complimentary breakfast, and guest laundry facilities. The hotel's 68 guest rooms offer a flatscreen TV, work desk, refrigerator, microwave and coffee maker.
The hotel is ideally located in Surfside Beach/Myrtle Beach, South Carolina. Myrtle Beach stands as a beacon of tourism along the South Carolina coastline, boasting impressive visitor numbers year after year. With its pristine beaches, lively boardwalk, and a plethora of attractions, the city draws millions of tourists annually. The city's tourism industry continues to thrive, supported by an array of accommodations ranging from luxurious resorts and beachfront rentals.
The Quality Inn Surfside Myrtle Beach represents the opportunity to acquire a dual branded hotel in a stable market. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Atlantic coast.
Ben Yelm // Broker of Record // License SC 86628

Property Details

Class
B
Year Built/Renovated
1999/2024
Stories
2
Property Subtype
Hotel
Lot Size (sq. ft)
98,881 SF
Units
68

Highlights

  • Recently Renovated in 2024
  • Centrally Located on U.S. Route 17 | ~31,000 Average Annual Daily Traffic Count (2022)
  • High-Traffic Location in an Extremely High Barrier to Entry Market
  • Located in the Myrtle Beach Area, Which Brings More Than 19 Million Visitors Per Year
  • Nearby Attractions Include Myrtle Beach State Park, The Market Common, The Murrells Inlet Marsh Walk, Skywheel Myrtle Beach, and Broadway at the Beach
  • 6 Miles to Myrtle Beach International Airport (3.6M+ Passengers in 2023)

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