314-479-1646
1301 Withers Dr, Myrtle Beach, SC for Sale
Hospitality - FOR SALE
1/40
null | Request Cap Rate

1301 Withers Dr
Myrtle Beach, SC 29577
Downtown Myrtle Beach


HIGHLIGHTS

  • Located in the highest foot-traffic section of the boardwalk (SkyWheel / Ripley’s / restaurants), supporting transient ADR and year round occupancy
  • Opportunity Zone + Irreplaceable location with high-rise ocean views directly across from the SkyWheel & Boardwalk
  • Two parcels: 0.36 AC + 0.26 AC parking lot which is rare in downtown Myrtle Beach.
  • Renovated hotel lobby & guest rooms, new hot water heaters & pumps,2/3 of the PTAC's replaced, new awning, interior/exterior paint & updated elevator.
  • Each guest room has a fully equipped kitchen, with full size refrigerator, 2 burner stove top & microwave.
  • Recent renovations reduce near-term CapEx exposure and provide a strong operational foundation.

OVERVIEW

Call for Offers: Due by 12/12/25 TWG at Bracket Real Estate is pleased to offer for sale the Aqua Beach Inn, a 60-key, 11-story independent upscale hotel with supplemental .26-acre parking parcel. Ideally positioned in an Opportunity Zone in the heart of Downtown Myrtle Beach, directly across from the iconic SkyWheel and the oceanfront Boardwalk. The property offers investors a rare opportunity to acquire a high-rise, steel-and-concrete hotel in one of the most heavily trafficked leisure markets on the East Coast. With substantial recent renovations completed and strong proximity to top attractions, the Aqua Beach Inn provides a compelling blend of in-place income and repositioning potential. Myrtle Beach remains one of the nation’s top drive-to leisure destinations, drawing over 18 million visitors annually and ranking among the top three domestic summer travel markets in 2025. The area benefits from strong tourism infrastructure, exceptional beach access, golf and entertainment amenities, and steady marketing investment that generates significant returns for local businesses. With more direct flights, a year-round visitor base, and an expanding downtown redevelopment zone, Aqua Beach offers an attractive opportunity for hotel investors. Myrtle Beach’s combination of high visitor volume, affordability, and year-round demand drivers makes it a resilient and compelling market.

FOR SALE DETAILS

PRICE

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# OF ROOMS

60

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aqua Beach Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

11

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1986

PARKING SPACES

65

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

MU-H A

APN/PARCEL ID

44401020046,44402010439

ASK ABOUT THIS PROPERTY

John WolfnerTWG - Real Estate Investment Services | BracketMore Info
314-479-1646

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John WolfnerTWG - Real Estate Investment Services | BracketMore Info
314-479-1646

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.