Indigo Hotel | 2209 S Ocean Blvd
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Indigo Hotel 2209 S Ocean Blvd
54 Room Hotel Myrtle Beach, SC 29577 $7,400,000 ($137,037/Room)
Investment Highlights
- 54 doors all oceanfront.
- Recently renovated!
- Built on a 0.65 acre oceanfront parcel.
- The property offers:Large lobby, parking on site, commercial laundry facility, two elevators, oceanfront pool and hot-tub, private beach access.
Executive Summary
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!
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!
Property Facts
| Price | $7,400,000 | Building Size | 25,248 SF |
| Price Per Room | $137,037 | No. Rooms | 54 |
| Sale Type | Investment | No. Stories | 9 |
| Property Type | Hospitality | Year Built/Renovated | 1974/1984 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.82/1,000 SF |
| Lot Size | 0.65 AC | Corridor | Exterior |
| Price | $7,400,000 |
| Price Per Room | $137,037 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.65 AC |
| Building Size | 25,248 SF |
| No. Rooms | 54 |
| No. Stories | 9 |
| Year Built/Renovated | 1974/1984 |
| Tenancy | Single |
| Parking Ratio | 1.82/1,000 SF |
| Corridor | Exterior |
Amenities
- Balcony
- Pool
- High Speed Internet Access
- Patio
- On-Site Bar
- Beach (direct access)
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 54 | $132.00 | - |
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PROPERTY TAXES
| Parcel Number | 44502010198 | Improvements Assessment | $77,216 |
| Land Assessment | $143,287 | Total Assessment | $220,503 |
PROPERTY TAXES
Parcel Number
44502010198
Land Assessment
$143,287
Improvements Assessment
$77,216
Total Assessment
$220,503
zoning
| Zoning Code | MU-H (Mixed Use - High Density) |
| MU-H (Mixed Use - High Density) |
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Indigo Hotel | 2209 S Ocean Blvd
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