2209 S Ocean Blvd - Hospitality FOR SALE


Myrtle Beach, SC 29577
$7,400,000 USD
843-222-6357
2209 S Ocean Blvd, Myrtle Beach, SC for Sale
$7,400,000 USD
Hospitality - FOR SALE
1/29
null | Request Cap Rate

2209 S Ocean Blvd
Myrtle Beach, SC 29577


HIGHLIGHTS

  • 54 doors all oceanfront.
  • Built on a 0.65 acre oceanfront parcel.
  • Recently renovated!
  • The property offers:Large lobby, parking on site, commercial laundry facility, two elevators, oceanfront pool and hot-tub, private beach access.

OVERVIEW

Indigo Hotel is an oceanfront resort located along the beautiful beaches of Myrtle Beach, SC. This property offers 54 units all Oceanfront. The parcel has a total of 160 feet of frontage on the Atlantic Ocean. This property is located on Ocean Boulevard and is approximately 1.5 miles from Myrtle Beach International Airport and The Market Common. Also, The Indigo Hotel is located approximately 2 miles from the primary tourist hub and major national tourist attractions including Ripley’s Believe-it-or-Not, Gay Dolphin, Ripley’s Marvelous Mirror Maze, I Love Sugar, Landshark Bar & Grill, The Sky Wheel, The Piers, The national park and more. Myrtle Beach is one of the most famous oceanfront coastal resort areas on the East Coast of the United States. Offering over 65+/- miles of beautiful beaches, 80+/- golf courses, and 1,500+/- restaurants and attractions. This resort destination attracts over 20 million visitors each year. The area is also hosting multiple festivals and shows every year for the last 30 years. Horry county is the fastest growing county in the nation for the past few years. Great investment opportunity!

FOR SALE DETAILS

PRICE

$7,400,000 USD

PRICE/SF

$293 USD /SF

# OF ROOMS

54

PRICE/ROOM

$137,037 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Indigo Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

9

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1974

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

MU-H

APN/PARCEL ID

44502010198

ASK ABOUT THIS PROPERTY

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843-222-6357

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Liat EdriRealty One Group DocksideMore Info
843-222-6357

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