LENDER DRIVEN AUCTION - $1,100,000 STARTING BID Berkadia, in conjunction with RI Marketplace, are pleased to offer, on an exclusive basis, the opportunity to acquire fee simple interest in Aventura on the Ocean (the “Property”, “Asset”, or “Hotel”), a 40-room, oceanfront hotel strategically located directly off S Ocean Boulevard. The Property boasts an irreplaceable and highly accessible location in close proximity to many demand drivers. Aventura on the Ocean features newly renovated rooms with kitchenettes that include dishwashers, refrigerators, stoves, microwaves, and essential cooking utensils and supplies for meal preparation, making the rooms especially convenient for extended-stay guests. Myrtle Beach is one of the most visited coastal tourism markets in the southeastern United States. It continues to demonstrate resilience as a drive-to leisure destination, benefiting from regional population growth across the Carolinas, Georgia, and the Mid-Atlantic states. The area’s affordability relative to other coastal destinations enhances occupancy stability and repeat visitation. In 2024, 18.2 million people visited the area, up 2.3% from 2023. These guests spent $13.2 billion in 2024, outpacing 2023 travel expenditures by 5.3%. Aventura on the Ocean represents a compelling opportunity to acquire an oceanfront asset in a high-demand leisure market with both stable cash flow characteristics and significant upside potential. The combination of irreplaceable beachfront location, strong regional tourism drivers, and value-add positioning makes this offering attractive to investors seeking exposure to the Myrtle Beach coastal market.