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Realty World

Realty World
Property Price: $55,000,000.00
Property Type: Hotel/Motel
Apt/Num: The Sea Mist Res
Status: For Sale
Marketing Remarks:

Unique and rare opportunity to own forty adjacent parcels in downtown Myrtle Beach. The portfolio offers seven ocean front hotels, three hotels on Ocean Blvd, fourteen multifamily properties, single family homes and vacant lots. . Conference center offers multiple halls, a commercial kitchen and office suites. Four levels parking garage, reception building, multiple indoor & outdoor pools, hot tubs , fitness center, waterpark, arcade, over 20,000 sf of commercial retail/ restaurant space and more. Multiple beach access on the property. An additional storage compound with a commercial laundry facility is also included. A total of 539 units offers a combination of efficiencies, one bedroom, two bedroom, three bedroom and four bedroom villas. Over 16 acres of ocean front, ocean view, 2nd & 3rd row properties. A detailed description of each building and a map of the property are available in associated docs. 1) +/- 15.5 acres Ocean front, 2nd & 3rd row in downtown Myrtle Beach. 2)+/- 490,000 SF of improvements. 3) Waterparks. 4) Multiple pools and other amenities. 5) Parking deck. 6) Conference center 7) Over 20,000 SF of commercial space (was not leased last year). 8) Two commercial kitchens. 9) +/- 30,000 SF of warehouse space and commercial laundry facility. 10) Approved PUD ( Plan Unit Development) for about 1570 units. 11) Located in the #1 growing county in the USA. 12)Estimated twenty million visitors arriving to the area every year. 13)The family vacation destination on the East Coast of the US. 14) Over 5M of renovations in the past 12 months.

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Realty World

Realty World
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