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Holiday Shores 7501 N Ocean Blvd 26 Room Hotel Myrtle Beach, SC 29572 $3,594,494 CAD ($138,250 CAD/Room)



EXECUTIVE SUMMARY
Located on prestigious North Ocean Blvd, this mid-century modern historic Motel is truly a gem. Placed on the National Register of Historic Places, this ultra cool motel has. been completely remodeled, redecorated, and refurbished. This beautiful second row property is just steps away from the beach and the blue Atlantic. The property boasts 25 guest rooms, plus a spacious 3-bedroom cottage, for a total of 26 keys. The courtyard features beautiful palm trees, a large swimming pool, covered cabana, and is accented with brand new deck furniture. All FF&E are included in the sale. The property is close proximity to the best dining and entertainment the north strand area has to offer. As other similar properties in the area are replaced with high rises, condos, and retail, this property is truly unique as it is required to remain a motel. The Holiday Shores is a grand mix of nostalgia, history, and mid-century modern cool.
PROPERTY FACTS
| Price | $3,594,494 CAD | Building Size | 22,630 SF |
| Price Per Room | $138,250 CAD | No. Rooms | 26 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1965/2021 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.33/1,000 SF |
| Lot Size | 0.57 AC | Corridor | Exterior |
| Zoning | MU-H | ||
| Price | $3,594,494 CAD |
| Price Per Room | $138,250 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 22,630 SF |
| No. Rooms | 26 |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2021 |
| Tenancy | Single |
| Parking Ratio | 1.33/1,000 SF |
| Corridor | Exterior |
| Zoning | MU-H |
AMENITIES
- Balcony
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 8 | $238.70 CAD | - |
| Guest Room | 18 | $188.45 CAD | - |
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Holiday Shores | 7501 N Ocean Blvd
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