10231 N Kings Hwy | Myrtle Beach, SC 29572
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- LoopNet Team
10231 N Kings Hwy
Myrtle Beach, SC 29572
Fairfield Inn Myrtle Beach North | 86 Keys · Hospitality Property For Sale
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41,832 SF
INVESTMENT HIGHLIGHTS
- 86-key Fairfield Inn with strong in-place revenue and incredible value-add potential w/ improvement of cost structures and completion of a PIP.
- Offering provides a cash-flowing asset w/ significant potential for growth at a discount to replacement cost w/ construction costs at all-time highs.
- Proximity to major attractions like Broadway at the Beach, Barefoot Landing, Myrtle Beach Mall, The Boardwalk, and the Myrtle Beach Convention Center.
- Opportunity to stake a claim in the Myrtle Beach hospitality market, one of the nation's premier drive-to tourism destinations w/ endless attractions.
- Located along N Kings Highway, a primary thoroughfare and critical retail artery for the North Myrtle Beach area, amassing over 55,000 vehicles daily.
- Fairfield Inn is one of Marriott's strongest brands and has distinct competitive advantages compared to the rest of the market.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2013 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.83 AC | Parking Ratio | 2.51/1,000 SF |
| Building Size | 41,832 SF | Corridor | Interior |
| Zoning | HC | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.83 AC |
| Building Size | 41,832 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1997/2013 |
| Tenancy | Single |
| Parking Ratio | 2.51/1,000 SF |
| Corridor | Interior |
| Zoning | HC |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
PROPERTY TAXES
| Parcel Number | 39006030006 | Improvements Assessment | $315,321 |
| Land Assessment | $98,820 | Total Assessment | $414,141 |
PROPERTY TAXES
Parcel Number
39006030006
Land Assessment
$98,820
Improvements Assessment
$315,321
Total Assessment
$414,141
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