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Hotel-Motel

Quality Inn Surfside Myrtle Beach

1201 US Highway 17, Surfside Beach, SC 29577

Listing Price: $8,000,000

Cap Rate
10.40%
Number of Rooms
68
RevPAR
$69
Gross SF
98,881
Price/Room
$117,647
RRM
4.70
Price/Gross SF
$80.91
Year Built
1999

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Quality Inn Surfside Myrtle Beach a two-story limited service hotel located in Surfside Beach, South Carolina. Hotel amenities include a seasonal outdoor pool, complimentary breakfast, and guest laundry facilities. The hotel's 68 guest rooms offer a flatscreen TV, work desk, refrigerator, microwave and coffee maker.

The hotel is ideally located in Surfside Beach/Myrtle Beach, South Carolina. Myrtle Beach stands as a beacon of tourism along the South Carolina coastline, boasting impressive visitor numbers year after year. With its pristine beaches, lively boardwalk, and a plethora of attractions, the city draws millions of tourists annually. The city's tourism industry continues to thrive, supported by an array of accommodations ranging from luxurious resorts and beachfront rentals.

The Quality Inn Surfside Myrtle Beach represents the opportunity to acquire a dual branded hotel in a stable market. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Atlantic coast.

Investment Highlights

  • Recently Renovated in 2024, No PIP Required
  • Centrally Located on U.S. Route 17 | ~31,000 Average Annual Daily Traffic Count (2022)
  • High-Traffic Location in an Extremely High Barrier to Entry Market
  • Located in the Myrtle Beach Area, Which Brings More Than 19 Million Visitors Per Year
  • Nearby Attractions Include Myrtle Beach State Park, The Market Common, The Murrells Inlet Marsh Walk, Skywheel Myrtle Beach, and Broadway at the Beach
  • 6 Miles to Myrtle Beach International Airport (3.6M+ Passengers in 2023)

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Hotel-Motel

Quality Inn Surfside Myrtle Beach

Listing Price: $8,000,000

Cap Rate
10.40%
Number of Rooms
68
RevPAR
$69
Gross SF
98,881
Price/Room
$117,647
RRM
4.70
Price/Gross SF
$80.91
Year Built
1999

Investment Highlights

  • Recently Renovated in 2024, No PIP Required
  • Centrally Located on U.S. Route 17 | ~31,000 Average Annual Daily Traffic Count (2022)
  • High-Traffic Location in an Extremely High Barrier to Entry Market
  • Located in the Myrtle Beach Area, Which Brings More Than 19 Million Visitors Per Year
  • Nearby Attractions Include Myrtle Beach State Park, The Market Common, The Murrells Inlet Marsh Walk, Skywheel Myrtle Beach, and Broadway at the Beach
  • 6 Miles to Myrtle Beach International Airport (3.6M+ Passengers in 2023)

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Quality Inn Surfside Myrtle Beach a two-story limited service hotel located in Surfside Beach, South Carolina. Hotel amenities include a seasonal outdoor pool, complimentary breakfast, and guest laundry facilities. The hotel's 68 guest rooms offer a flatscreen TV, work desk, refrigerator, microwave and coffee maker. The hotel is ideally located in Surfside Beach/Myrtle Beach, South Carolina. Myrtle Beach stands as a beacon of tourism along the South Carolina coastline, boasting impressive visitor numbers year after year. With its pristine beaches, lively boardwalk, and a plethora of attractions, the city draws millions of tourists annually. The city's tourism industry continues to thrive, supported by an array of accommodations ranging from luxurious resorts and beachfront rentals. The Quality Inn Surfside Myrtle Beach represents the opportunity to acquire a dual branded hotel in a stable market. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Atlantic coast.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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