Aqua Beach Inn | 1301 Withers Dr
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Aqua Beach Inn 1301 Withers Dr
60 Room Hotel Myrtle Beach, SC 29577 $5,900,000 ($98,333/Room)
Investment Highlights
- Close to the beach, restaurants, entertainment, iconic Sky Wheel , breathtaking views, large in-ground pool, hot tub
Executive Summary
A Once in a lifetime opportunity to own an immaculate 60-doors hotel located just half a block from the beach and just steps from the iconic Sky-Wheel in Myrtle Beach, South Carolina. The property offers multiple amenities and breathtaking views. All Suites are facing the Atlantic Ocean and enjoy Ocean Views. The huge lobby offers a large reception area, multiple lounges, a conference area, a market and much more. The building offers 60 suites over 11 floors. All suites are all equipped with a kitchen and all corridors are closed. The property also offers a large in-ground pool, a Hot-Tub, 2 entrances, a commercial laundry facility, guest laundry, multiple storage areas and more. The sale also includes an additional parcel used as a parking lot. The parcel is located behind the building. Financial information and CapEx are available upon request.
Property Facts
| Price | $5,900,000 | No. Rooms | 60 |
| Price Per Room | $98,333 | No. Stories | 11 |
| Sale Type | Investment | Year Built/Renovated | 1986/1991 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 2.93/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.39 AC | Opportunity Zone |
Yes
|
| Building Size | 34,113 SF |
| Price | $5,900,000 |
| Price Per Room | $98,333 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.39 AC |
| Building Size | 34,113 SF |
| No. Rooms | 60 |
| No. Stories | 11 |
| Year Built/Renovated | 1986/1991 |
| Tenancy | Single |
| Parking Ratio | 2.93/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
Amenities
- Balcony
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 3 | $300.00 | - |
| Guest Room | 57 | $255.00 | - |
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Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 44402010439 | Improvements Assessment | $110,604 |
| Land Assessment | $13,104 | Total Assessment | $123,708 |
PROPERTY TAXES
Parcel Number
44402010439
Land Assessment
$13,104
Improvements Assessment
$110,604
Total Assessment
$123,708
zoning
| Zoning Code | MU-H A (A) |
| MU-H A (A) |
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Aqua Beach Inn | 1301 Withers Dr
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