For Sale
$1,600,000

4700 Ocean BlvdNorth Myrtle Beach, SC 29582

Beachfront Hotel, 7 Units, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
114
Primely located on Ocean Boulevard in North Myrtle Beach, South Carolina, this income-producing hotel offers an exceptional investment opportunity. The property consists of two buildings encompassing seven rental units: two 2-bedroom/2-bathroom units (each with washer/dryer), four 2-bedroom/1-bathroom units, and one efficiency unit. The 2,988 square foot complex sits on 0.17 acres and includes thirteen parking spaces, a convenient courtyard, a spacious garage/storage area, and an on-site laundry room. Enjoy the benefits of a pet-friendly environment and breathtaking ocean views, ideal for both short-term and long-term rentals. Recent upgrades include a new roof and central HVAC system. Located just blocks from Barefoot Landing, this property offers easy access to popular attractions and amenities. The asking price is $1,600,000. This established rental property presents a strong potential for significant returns. The property's location, amenities, and recent improvements make it a highly desirable investment.

Highlights

  • $1,600,000 asking price.
  • Hospitality property, Hotel/Motel subtype.
  • 2,988 square feet.
  • Located at 4700 S Ocean Blvd, Atlantic Beach, SC 29582.
  • Seven rental units: two 2 bed/2 bath, four 2 bed/1 bath, and one efficiency.
  • Thirteen parking spaces, courtyard, large storage, and on-site laundry.

Property Details for 4700 Ocean Blvd

Property type
Hospitality properties, Motels
Square Feet
2,988 SF

Location Insight

City
North Myrtle Beach
County
Horry
State
South Carolina
Latitude
33.7923604
Longitude
-78.7326878
4700 Ocean Blvd, North Myrtle Beach, South Carolina

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4700 Ocean Blvd
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