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Property profile & analytics
OFF-MARKET
Estimated value
$9,315,000
Hotels
220 Whitty Dr Myrtle Beach, SC 29579-5508
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-2007129
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2005
Construction
CONCRETE
Total area
42,080 SF
Lot
1.71 ac (74,488 SF)
APN
399-15-03-0022
UPID
US77-2007129
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Fence Guys General Contractor Construction Company
-
Pace Village (Skyline LLC) Housing Complex
-
New Home Discoveries Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.42M
Blend (final)
Blend
$9.32M
Owner & transaction history
Ws21 LLC · 4 yrs held
Ws21 LLC
since 2021
Last sale
$8.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$12.7M
+28.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Myrtle Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$13,025,000
ML approach
$12,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$9,880,000
Current use
MEDICAL BUILDING
$12,680,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$9,635,000
Change: -3% · Conversion: Difficult
RETAIL STORES
$8,550,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$9.32M
Range $8.38M – $10.25M · ±10% · vs last sale $8.20M (Nov 10 2021)
Last sale anchor
$8.20M
Nov 10 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$221 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$98,161
Tax year 2023
Assessed value
$347,998
Assessed 2023
Previous assessed
$347,998
+0.0% YoY
Effective rate
28.21%
On assessed value
Assessed land
$15,388
Assessed improvement
$332,610
Land market value
$256,460
Improvement market value
$5,543,500
Total market value
$5,799,960
Applied tax rate
100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
HOT WATER
Cooling
YES
Units
168
Total area
42,080 SF
Lot
1.71 ac (74,488 SF)
APN
399-15-03-0022
UPID
US77-2007129
Jurisdiction
HORRY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$9.9M
MEDICAL BUILDING
Est. value
$12.7M
OFFICE BUILDING
Est. value
$9.6M
RETAIL STORES
Est. value
$8.6M
HOTEL/MOTEL Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Units
168
Lot
1.71 ac
Current owner
From public records · entity-resolved
Ws21 LLC
Entity
Mailing address
45 ARNOLD BLVD, HOWELL, NJ 07731-2768
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2025
—
Ws21 LLC
—
Deed
related
$6,778,360 · Anderson Brothers Bank
Nov 10, 2021
$8,200,000
Ws21 LLC
Bradley Myrtle Beach Hotel LLC
Warranty Deed
$6,343,700 · Project Funder
Jan 3, 2018
$6,050,000
Bradley Myrtle Beach Hotel LLC
Deesha Hotels LLC
Grant Deed
—
Jan 3, 2018
—
Deesha Hotels LLC
—
Deed
related
$5,708,000 · Avana Cap
Jun 10, 2016
—
Deesha Hotels LLC
—
Deed
related
$2,450,000 · Wells Fargo Bk
Aug 11, 2010
$1,850,000
Deesha Hotels LLC
Myrtle Beach 501 LLC
Grant Deed
—
Jan 5, 2005
—
Myrtle Beach 501 LLC
—
Grant Deed
related
$3,025,000 · Crescent Bk
Oct 25, 2004
$315,000
Myrtle Beach 501 LLC
Bnky LLC
Grant Deed
—
—
—
Deesha Hotels LLC
—
Deed Of Trust
related
$5,708,000 · Avana Cap
—
—
Deesha Hotels LLC
—
Deed Of Trust
related
$2,450,000 · Wells Fargo Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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