806 S Ocean Blvd 60 Room Hotel Myrtle Beach, SC 29577 $5,290,000 ($88,167/Room)

Presenting a prime investment opportunity at 806 S. Ocean Blvd, Myrtle Beach, SC 29577. This 60-door hotel, constructed withdurable concrete and steel, is situated on a prominent 0.83-acre corner lot at 9th Avenue South and Ocean Boulevard. Guests willappreciate the direct ocean views and the convenience of being just steps away from the beach. The property features an outdoorin-ground pool, a welcoming lobby area, ample parking, a commercial laundry facility, and multiple storage spaces. The saleencompasses all furniture and fixtures, ensuring a seamless transition for new ownership. Nearby Attractions: Family KingdomAmusement Park: Directly across the street, this classic amusement park offers over 30 rides, including a wooden roller coasterand a log flume, providing entertainment for all ages. Myrtle Beach Boardwalk & Promenade: A short stroll north leads to this 1.2-mile oceanfront boardwalk, lined with shops, restaurants, and entertainment venues, offering stunning coastal views. Myrtle BeachSkyWheel: Located along the boardwalk, this 187-foot Ferris wheel features climate-controlled gondolas, offering panoramic vistasof the coastline. Ripley's Believe It or Not!: A museum showcasing a collection of oddities and interactive exhibits, perfect forcurious visitors. Parks and Gardens: Brookgreen Gardens: Approximately 16 miles south, this National Historic Landmarkcombines art, nature, and history, featuring expansive sculpture gardens, wildlife exhibits, and walking trails. Myrtle Beach StatePark: Located about 3 miles south, this park offers pristine beaches, maritime forests, and nature trails, ideal for picnicking, fishing,and camping. Shopping and Dining: Broadway at the Beach: A premier shopping and entertainment destination, offering a varietyof specialty shops, restaurants, and attractions like Wonder Works and Ripley's Aquarium. The Market Common: An upscaleshopping district featuring national retailers, boutique shops, and a diverse selection of dining options, from casual eateries to finedining. Murrells Inlet Marsh Walk: A short drive south leads to this waterfront boardwalk, renowned for its fresh seafood restaurants, lively bars, and live music, all with stunning inlet views. The Grand Strand, encompassing Myrtle Beach and surrounding areas,boasts a over twelve billion economic impact from direct visitor spending, underscoring its status as a major tourism hub. VisitorStatistics: In 2016, Horry County welcomed approximately 20 million visitors, reflecting a steady increase in tourism over the years.Population Growth: The Myrtle Beach area has experienced rapid growth, with a 23% increase between 2020 and 2023. Thisproperty's prime location, coupled with Myrtle Beach's thriving tourism industry and economic growth, presents a compellinginvestment opportunity