713-577-1760
1561 21st Ave N, Myrtle Beach, SC for Sale
Hospitality - FOR SALE
1/3
null | Request Cap Rate

1561 21st Ave N
Myrtle Beach, SC 29577


HIGHLIGHTS

  • Opportunity to acquire a corporate-owned, 128-room, four-story, La Quinta Inns & Suites that is located in the heart of Myrtle Beach.
  • The hotel will be delivered with no PIP required for the new ownership until January 2028.
  • This project presents potential for a owner operator to enhance its market share and operational performance in the coming years.

OVERVIEW

CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the corporate-owned La Quinta Inns & Suites in Myrtle Beach, South Carolina. Located off US Highway 17 Bypass, the hotel is within minutes from the Broadway at the Beach, the Pelicans Ballpark, the John T. Rhodes Myrtle Beach Sports Center, and several restaurants and recreation area. Thanks to its prime location, the 128-room hotel receives business from a diverse population of both sport and leisure segments.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

128

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Quinta Inns & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1997

PARKING SPACES

140

LAND DETAILS

LAND ACRES

2.91 AC

LAND SF

126,760 SF

ZONING

RC

APN/PARCEL ID

42505020001

ASK ABOUT THIS PROPERTY

Michael YuCBRE, Inc.More Info
713-577-1760

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Michael YuCBRE, Inc.More Info
713-577-1760

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.