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1100 S Ocean Blvd
Myrtle Beach, SC 29577
Asking Price
$2.60M
Asset Type
Hotel Hospitality
Class
Class B
What's Special
Hospitality | 41 Keys <ul><li>Located in one of the East Coast’s most established and high‑traffic leisure destinations, drawing consistent year‑round tourism demand.</li><li>Turn-key property with significant recent capital improvements.</li><li>Within walking distance from the beach.</li><li>Independent hotel – unencumbered by the strict operating requirements and annual fees associated with franchising.</li><li>Excellent owner-operator acquisition opportunity</li><li>Conveniently located in Myrtle Beach, a m
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NOI
$80,000
Cap Rate
3.08%
DSCR
0.52
Underwater
Cash-on-Cash
-9.53%
Monthly Payment
$12,863.381
Annual Cash Flow
$-74,360.577
