Myrtle Beach Real Estate For Sale
Myrtle Beach, SC 29588
- HCZoning
- N/ASqFt
- 42Units
- N/ASale/Rent
- N/AWet Lands
- 1.63Acres
- MLS# 1404210
- Commercial
- HotelMotel
- Sold
- Approx Time on Market9 months, 10 days
- AreaMyrtle Beach Area--South of 544 & West of 17 Bypass M.i. Horry County
- CountyHorry
- SubdivisionN/A
Overview
Estate sale, owners very motivated, will consider all offers. 42 units suite-style hotel. This was built in 1996. All brick construction, consisting of two buildings, situated on 1.63 acres. It has a paved parking lot, steel frame stairs and balconies, onsite laundry facilities and an office/manager's living quarters. Currently operating under the Affordable Efficiencies Suites Flag. The licensing agreement is up for renewal or can be converted to another flag or operate as an independent establishment. All of the suites feature full kitchens and separate bedrooms. Financials and appraisal dated July 2013 available with a signed confidentiality agreement.
Sale Info
Listing Date: 03-04-2014
Sold Date: 12-15-2014
Aprox Days on Market: 
9 month(s), 10 day(s)
Listing Sold: 
9 Year(s), 5 month(s), 13 day(s) ago
Asking Price: $1,750,000
Selling Price: $1,175,000
Price Difference:
Reduced By $100,000
Agriculture / Farm
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Association Fees / Info
Hoa: No
Bathroom Info
Building Info
New Construction: No
Num Stories: 2
Levels: Two
Mobile Home Remains: ,No,
Zoning: HC
Construction Materials: BrickVeneer, Block, Concrete, Steel
Buyer Compensation
Exterior Features
Spa: No
Financial
Lease Renewal Option: ,No,
Business Name: Affordable Efficiency Suites
Garage / Parking
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Interior Features
Fireplace: No
Furnished: Unfurnished
Lot Info
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 1.63
Land Lease: No
Misc
Pool Private: No
Offer Compensation
Property Info
County: Horry
Current Use: HotelMotel
View: No
Number of Units Total: 42
Senior Community: No
Stipulation of Sale: None
Habitable Residence: ,No,
Property Attached: No
Rent Control: No
Room Info
Basement: ,No,
Sold Info
Sold Date: 2014-12-15T00:00:00
Sqft Info
Tax Info
Tax Legal Description: Parcel B
Unit Info
Utilities / Hvac
Heating: Central
Electric On Property: No
Cooling: No
Sewer: PublicSewer
Heating: Yes
Waterfront / Water
Waterfront: No
Courtesy of Realty One Group Dockside