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La Quinta Inns & Suites 4709 N Kings Hwy 148 Room Hotel Myrtle Beach, SC 29577 For Sale
INVESTMENT HIGHLIGHTS
- Opportunity to acquire a 148-rm, interior corridor, corporate-owned, LQ that is located directly off Kings Highway and just two blocks from the beach.
- The hotel will be delivered with no PIP required for the new ownership until January 2028.
- Since January 2025, the hotel has implemented a destination fee. This new charge is expected to generate a substantial additional income stream.
EXECUTIVE SUMMARY
CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the corporate-owned La Quinta Inns & Suites in Myrtle Beach, South Carolina. Located off Kings Highway and just two blocks from the beach, the hotel is within minutes from the Broadway at the Beach, the Pelicans Ballpark, the John T. Rhodes Myrtle Beach Sports Center, and several restaurants and recreation area. Thanks to its prime location, the 148-room hotel receives business from a diverse population of both sport and leisure segments.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 148 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1986/2018 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.33 AC | Corridor | Interior |
| Building Size | 69,862 SF | ||
| Zoning | C1 | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.33 AC |
| Building Size | 69,862 SF |
| No. Rooms | 148 |
| No. Stories | 4 |
| Year Built/Renovated | 1986/2018 |
| Tenancy | Single |
| Corridor | Interior |
| Zoning | C1 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $149.00 | - |
| Guest Room | 144 | $122.00 | - |
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PROPERTY TAXES
| Parcel Number | 42301010026 | Improvements Assessment | $548,014 |
| Land Assessment | $146,153 | Total Assessment | $694,167 |
PROPERTY TAXES
Parcel Number
42301010026
Land Assessment
$146,153
Improvements Assessment
$548,014
Total Assessment
$694,167
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La Quinta Inns & Suites | 4709 N Kings Hwy
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