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Comfort Inn N Myrtle Beach Barefoot Landing 3801 Hwy 17 S 78 Room Hotel North Myrtle Beach, SC 29582 $9,499,000 CAD ($121,782 CAD/Room)
Investment Highlights
- 79-room, three-story interior corridor hotel
- Separate ±1,800 SF manager’s apartment ideal for an owner-operator
- Located within the Grand Strand, attracting more than 18.2 million annual visitors annually
- Prime North Myrtle Beach location near Barefoot Landing and Cherry Grove Beach
- On-site modified triple net leased restaurant providing additional income
Executive Summary
The Property is offered at $7,000,000 ($88,600 per key), representing a 3.9x total revenue multiple. After allocating value to the leased restaurant income, the implied multiple on the hotel operations is approximately a 3.75x room revenue multiple, presenting an attractive entry basis for an owner-operator seeking stable cash flow in the thriving North Myrtle Beach market.
A separate building houses an approximately 1,800 square foot manager’s apartment featuring two bedrooms, two bathrooms, a full kitchen, and living area, providing attractive on-site accommodations and operational flexibility for an owner-operator.
The on-site restaurant space (estimated ±2,350 SF) operates as AARIV Indian Cuisine with approximately five years remaining on the lease and scheduled annual rent increases totaling a 53.3% escalation over the initial term. Under a modified triple net structure, the tenant covers utilities, interior maintenance, insurance, and certain waste services, generating predictable and growing supplemental NOI without operational responsibility.
The full Offering Memorandum and secure Data Room are available upon request.
Search “Listings - Lodging Partners” and select Comfort Inn North Myrtle Beach – Barefoot Landing, or submit an inquiry through LoopNet.
Broker cooperation is not offered. All inquiries must be directed to Lodging Partners.
Property tours are strictly by appointment only. Do not contact hotel staff, management, ownership, or the restaurant tenant.
To request access or schedule a tour, email Erin at Erin@Lodging-Partners.com
A separate building houses an approximately 1,800 square foot manager’s apartment featuring two bedrooms, two bathrooms, a full kitchen, and living area, providing attractive on-site accommodations and operational flexibility for an owner-operator.
The on-site restaurant space (estimated ±2,350 SF) operates as AARIV Indian Cuisine with approximately five years remaining on the lease and scheduled annual rent increases totaling a 53.3% escalation over the initial term. Under a modified triple net structure, the tenant covers utilities, interior maintenance, insurance, and certain waste services, generating predictable and growing supplemental NOI without operational responsibility.
The full Offering Memorandum and secure Data Room are available upon request.
Search “Listings - Lodging Partners” and select Comfort Inn North Myrtle Beach – Barefoot Landing, or submit an inquiry through LoopNet.
Broker cooperation is not offered. All inquiries must be directed to Lodging Partners.
Property tours are strictly by appointment only. Do not contact hotel staff, management, ownership, or the restaurant tenant.
To request access or schedule a tour, email Erin at Erin@Lodging-Partners.com
Property Facts
| Price | $9,499,000 CAD | Building Size | 36,228 SF |
| Price Per Room | $121,782 CAD | No. Rooms | 78 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1997/2004 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 5.52/1,000 SF |
| Lot Size | 2.10 AC | Corridor | Interior |
| Zoning | GC - General Commercial | ||
| Price | $9,499,000 CAD |
| Price Per Room | $121,782 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.10 AC |
| Building Size | 36,228 SF |
| No. Rooms | 78 |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2004 |
| Tenancy | Single |
| Parking Ratio | 5.52/1,000 SF |
| Corridor | Interior |
| Zoning | GC - General Commercial |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 78 | $84.13 CAD | - |
1 1
Property Taxes
| Parcel Number | 39103020017 | Improvements Assessment | $6,176,882 CAD |
| Land Assessment | $2,606,792 CAD | Total Assessment | $8,783,674 CAD |
Property Taxes
Parcel Number
39103020017
Land Assessment
$2,606,792 CAD
Improvements Assessment
$6,176,882 CAD
Total Assessment
$8,783,674 CAD
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Comfort Inn N Myrtle Beach Barefoot Landing | 3801 Hwy 17 S
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