757-589-6954
7903 Ocean Hwy, Pawleys Island, SC for Sale
Hospitality - FOR SALE
1/29
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7903 Ocean Hwy
Pawleys Island, SC 29585


HIGHLIGHTS

  • Fee simple interest in a two-story, 97-room hospitality building with an exterior corridor situated over a spacious 2.94-acre lot in Pawleys Island.
  • Conveniently located with high visibility on Ocean Hwy in front of 26,766 VPD with access to Pawleys Island Beach, Murrells Inlet, and Myrtle Beach.
  • Ideal opportunity to acquire an asset in a limited hotel inventory market located close to tourist destinations that see ±20 million annual visitors.
  • Revitalizing abilities for a hands-on operator to add value by increasing revenues on an acquisition unencumbered by debt and third-party management.
  • Desirable upside in occupancy, ADR, and RevPAR upon the completion of a minimal change-in-ownership PIP to bring property-level performance metrics.
  • Excellently equipped with on-site amenities, including a business center, meeting rooms, outdoor pool, high-speed internet, free breakfast, and more.

FOR SALE DETAILS

PRICE

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# OF ROOMS

97

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn & Suites Pawleys Island

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1972

PARKING SPACES

158

LAND DETAILS

LAND ACRES

2.94 AC

LAND SF

128,066 SF

ZONING

Highway Commercial

APN/PARCEL ID

04-0208-024-01-00

ASK ABOUT THIS PROPERTY

Prashant MerchantColliers | VirginiaMore Info
757-589-6954

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Prashant MerchantColliers | VirginiaMore Info
757-589-6954

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