The Property is offered at $7,000,000 ($88,600 per key), representing a 3.9x total revenue multiple. After allocating value to the leased restaurant income, the implied multiple on the hotel operations is approximately a 3.75x room revenue multiple, presenting an attractive entry basis for an owner-operator seeking stable cash flow in the thriving North Myrtle Beach market.
A separate building houses an approximately 1,800 square foot manager’s apartment featuring two bedrooms, two bathrooms, a full kitchen, and living area, providing attractive on-site accommodations and operational flexibility for an owner-operator.
The on-site restaurant space (estimated ±2,350 SF) operates as AARIV Indian Cuisine with approximately five years remaining on the lease and scheduled annual rent increases totaling a 53.3% escalation over the initial term. Under a modified triple net structure, the tenant covers utilities, interior maintenance, insurance, and certain waste services, generating predictable and growing supplemental NOI without operational responsibility.
The full Offering Memorandum and secure Data Room are available upon request.
Search “Listings - Lodging Partners” and select Comfort Inn North Myrtle Beach – Barefoot Landing, or submit an inquiry through LoopNet.
Broker cooperation is not offered. All inquiries must be directed to Lodging Partners.
Property tours are strictly by appointment only. Do not contact hotel staff, management, ownership, or the restaurant tenant.
To request access or schedule a tour, email Erin at Erin@Lodging-Partners.com