Currenly Crexi lists 7 Myrtle Beach Hotels as for sale in this rapidly transitioning town.
Over the past several months, more properties have joined others for sale – all with an asking price of at least $4.5 million up to $55 million in the ever changing Myrtle Beach hospitality market.
In just the past few years, we witnessed the purchase of Brittain Resort Hotels which then transitioned into corporate ownership. The Sand Castle North and Sand Castle South followed, selling out to a California Real Estate Investment Trust.
After a slow Summer 2023, check out Crexi.com‘s latest offerings in commercial real estate.
ADVENTURA ON THE OCEAN
Completely redone and re-branded in 2022/2023, this Ocean Front property is built on a 0.43 acres corner lot with great visibility and easy access to the beach.
The property consists of 41 doors, a variety of efficiency rooms and double rooms and lists for $6,490,000.
The Modern design, a large pool, beach access, A reception and lobby area make this property unique. Commercial Laundry facility on-site. All electric, plumbing, roof, interior of all rooms, floors, walls, furniture and fixtures, bathrooms, kitchens, and building exterior were redone in the past 2-3 years.
300 Tenth
300 Tenth is a hotel for sale within walking distance of major Myrtle Beach city landmarks
Originally listed Oct. 12, the 20,854-square-foot 300 Tenth hotel boasts 34 units just a few steps from the Myrtle Beach SkyWheel and boardwalk.
“Completely remodeled in 2022 and fully operational. Everything has been replaced, including the roof, plumbing, electric, flooring, HVAC, furniture, appliances, kitchens, and more.” It is just a short distance from the ferris wheel, Nance Plaza, Broadway at The Beach, water parks and amusement parks, according to the listing.
Days Inn
Crixi lists this 60 doors hotel located on Ocean Blvd in Myrtle Beach SC just across from the beach for sale for $6,900,000.
The property is built on a 0.83-acre corner lot and offers an outdoor pool, Lobby, breakfast buffet area, parking, laundry facility, guests’ laundry, multiple storage areas. The sale includes all furniture and fixtures. High visibility and high traffic location. The hotel is within a walking distance to the boardwalk, the Ferris wheel and all of the area attractions
The Sea Mist Resort
This resort has been in the news for the past few years. A guest complaint went viral causing the resort to be placed on the market for $55 million.
The resort then went viral as homeowners sued.
The 14 acre property is still for sale, but the price is now unlisted.
Coral Sands and Sea Gypsy
Over $5 million can be spent on a combo deal on landmark downtown properties
An offer of $5.25 million is being made for Coral Sands and Sea Gypsy in Myrtle Beach, which would give its owner 58 short- and long-term rental units with opportunities for broader redevelopment.
Located on the Atlantic Ocean with 210 feet of ocean frontage, the property could be converted to a boutique hotel or redeveloped completely. The property is being sold “as-is, where-is,” according to the ad posted Aug. 29.
Mystic Sea
For $7 million, you can own the distinctive Mystic Sea
According to its listing, the Mystic Sea at 2105 S. Ocean Blvd. has 63 rooms and is “turnkey ready” for a new owner.
Cushman & Wakefield’s newly established Southeastern hotel group is managing the sale.
Located directly on the beach and within close proximity to a variety of demand generators, the hotel is a three-story, limited-service hotel.