Hospitality Hotel/Motel 1415 S Ocean Blvd. North Myrtle Beach
$8,250,000
Bedrooms:
Bathrooms:
MLS #: 2316673
Address Street: S Ocean Blvd.
City: North Myrtle Beach
County: Horry
State: SC
Zip: 29582
Status: ACTIVE
Sale/Rent: For Sale
Asking Price: $8,250,000
Stipulation of Sale: None
Number of Units: 50
# of Stories: 5
Class: COMMERCIAL/INDUSTRIAL
Type: Hospitality
Half Baths: 1
Zoning: R-4
Number of Acres: 0.57
Estm. Road Frontage: 0
Property Description
Once in a lifetime opportunity to own one of the ONLY independently owned, Oceanfront Hotel / Motel in the city of North Myrtle Beach! The Red Tree Inn has been known as a landmark in the Crescent Beach area for locals and vacationers for the past 40 years. The property presents 50 total units, with private balconies, on 5 stories total. All rooms have been recently renovated and modified. Location is remarkable as The Red Tree Inn is just a few miles north of Barefoot Landing, which has over a dozen restaurants, many specialty shops and is home to the House of Blues, Alabama Theatre and Alligator Adventure. Other attractions nearby are Pirates Voyage, The Carolina Opry, Tanger Outlet Center, the Myrtle Beach Mall and the Cherry Grove Pier.
Interior & Exterior Features
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Courtesy of: Palms Realty
Latitude: 33.8096797434672
Longitude: -78.694632