713-577-1760
4709 N Kings Hwy, Myrtle Beach, SC for Sale
Hospitality - FOR SALE
1/7
null | Request Cap Rate

4709 N Kings Hwy
Myrtle Beach, SC 29577


HIGHLIGHTS

  • Opportunity to acquire a 148-rm, interior corridor, corporate-owned, LQ that is located directly off Kings Highway and just two blocks from the beach.
  • Since January 2025, the hotel has implemented a destination fee. This new charge is expected to generate a substantial additional income stream.
  • The hotel will be delivered with no PIP required for the new ownership until January 2028.

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 Kings Highway and just two blocks from the beach, 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 148-room hotel receives business from a diverse population of both sport and leisure segments.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

148

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

1986

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.33 AC

LAND SF

101,495 SF

ZONING

C1

APN/PARCEL ID

42301010026

ASK ABOUT THIS PROPERTY

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

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

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