High Cash Flow Motel Opportunity with Real Estate!
Business Description
Just 20 minutes from Myrtle Beach, this established riverfront motel with real estate offers an exceptional opportunity in one of South Carolina’s fastest-growing areas. Ideally positioned along the scenic Waccamaw River in Conway, the property benefits from Myrtle Beach’s 20+ million annual visitors while offering guests a unique riverfront experience at more attractive rates than traditional beachfront properties.
The motel is conveniently located near Coastal Carolina University, Conway Medical Center, and historic downtown Conway, creating both tourism and year-round demand. Guests enjoy scenic river views along with easy access to Myrtle Beach, restaurants, shopping, entertainment, golf, nightlife, and outdoor recreation.
The property offers multiple paths for increased profitability, including renovations, boutique repositioning, higher occupancy, or short-term rental opportunities. Market rates suggest $110–$160 average daily rates and 60–75% occupancy are achievable with proper positioning, providing significant upside potential.
With a prime riverfront location, established operation, real estate included, and strong growth potential, this is a rare opportunity to acquire a waterfront hospitality asset in a proven tourism market.
The motel is conveniently located near Coastal Carolina University, Conway Medical Center, and historic downtown Conway, creating both tourism and year-round demand. Guests enjoy scenic river views along with easy access to Myrtle Beach, restaurants, shopping, entertainment, golf, nightlife, and outdoor recreation.
The property offers multiple paths for increased profitability, including renovations, boutique repositioning, higher occupancy, or short-term rental opportunities. Market rates suggest $110–$160 average daily rates and 60–75% occupancy are achievable with proper positioning, providing significant upside potential.
With a prime riverfront location, established operation, real estate included, and strong growth potential, this is a rare opportunity to acquire a waterfront hospitality asset in a proven tourism market.
About the Business
Real Estate
- Owned or Leased
- Owned
- Included in asking price
Listing Info
- ID
- 2547740
- Listing Views
Listing ID: 2547740 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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