For Sale
  • Hotel

    • Four Points by Sheraton Myrtle Beach

    101 Fantasy Harbour Blvd, Myrtle Beach, South Carolina 29579 United States
    For Sale
  • Hotel

    • Four Points by Sheraton Myrtle Beach

    101 Fantasy Harbour Blvd, Myrtle Beach, South Carolina 29579 United States
    Building Size
    100,284 SF
    Lot Size
    4.32 Acres
    Built
    1984
    Building Size
    100,284 SF
    Lot Size
    4.32 Acres
    Built
    1984

    OVERVIEW

    Cushman & Wakefield’s Hotel Group has been retained to offer for sale the fee simple interest in the 150-Room Four Points by Sheraton Investment Grade Property located in Myrtle Beach, South Carolina - a coastal, tourism hotspot that attracts over 15 million people annually. The property is a recently-renovated, 6-story, full-service hotel located within close proximity to a wide variety of demand generators that include the Family Kingdom Amusement Park, TopGolf, Ripley’s Believe It or Not!, Myrtle Beach International Airport, and Myrtle Beach National, amongst many other historical, cultural, and societal attractions and landmarks. Additionally, the property has the luxury of being the only hospitality property allowed along the intercoastal waterways. The Four Points by Sheraton Myrtle Beach offers investors the opportunity to acquire a property with a desirable, nationally recognized brand in a well established and premier tourism/entertainment district.

    CONTACT

    Key Features
    • Interior-Corridor
    • Recently Underwent $7 Million Renovation Down To The Concrete Shell, All Mechanical, Electrical And Plumbing, Drywall, Finishes, And Sprinklers Are New
    • #3 Ranked Four Points In The Country For Guest Satisfaction
    • Awarded Best Opening From Marriott
    • Ability To Add A Director Of Sales To Increase All Revenue Streams
    • Grandfathered Property - No New Major Construction Or Development Of Hospitality Properties Is Allowed Along The Intracoastal Waterways
    • Produces Over $6 Million In Revenue
    • Additional Upside In Dockage, Small Office Space For Rent, Convention Space And Bar & Grill
    • Opportunity To Increase RevPAR To Competitive Set Standards And Exceed Performance Of Competition Through Strong Hands-On Management And Increased Marketing
    • Four Points By Sheraton Is A Highly Desirable Flag By Both Investors And Consumers Alike
    • Conveniently Located In Myrtle Beach, A Major Tourism Center That Attracts Over 15 Million Visitors Annually
    • Located Directly Off Of Highway 501, Providing Ease Of Access And Displaying Excellent Signage To Commuters
    • The Section Of Highway 501 Closest To The Property Has An Average Annual Daily Traffic (AADT) Count Of Approximately 65,800 Vehicles Per Day

    Details

    Building Size:
    100,284 SF
    Sale Price:
    $23,000,000 USD
    Lot Size:
    4.32 Acres
    Year Built:
    1984

    CONTACT

    Four Points by Sheraton Myrtle Beach

    AVAILABILITIES

    SORT: AVAILABLE SPACE

    LOCATION

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