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Property profile & analytics
OFF-MARKET Estimated value $39,755,000
Hotels

Ocean Blvd Myrtle Beach, SC 29577

353,096 SF 50.96 ac lot Built 2015
Individually Owned 3-yr Hold Free & Clear
Property ID
US77-2031201
Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2015
Construction CONCRETE
Total area 353,096 SF
Lot 50.96 ac (2,219,818 SF)
Zoning code TA8
APN 424-15-02-0214
UPID US77-2031201
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$34.84M
Comparable Approach Comparable
$41.61M
Blend (final) Blend
$39.76M
Owner & transaction history
Andrew Evan Curtis · 3 yrs held
Andrew Evan Curtis
since 2023
7 recorded transactions
2023
Price N/A
2022
Price N/A
2017
$33,654
2016
Price N/A
2016
$75,000
2016
$17,810
2016
$17,690
Zoning & alternative use
TA8 · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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