The 65-Device, eight-story Top quality Inn & Suites Myrtle Seashore has marketed to a regional owner/operator of choose-support resorts.
Top quality Inn & Suites, Myrtle Beach, South Carolina



Lodging Companions, LLC, a member of Hotel Brokers Global, is delighted to announce it has organized the sale of the Top quality Inn & Suites Myrtle Beach front, South Carolina. The 65-Device, 8-tale Excellent Inn & Suites Myrtle Beach front has sold to a regional operator/operator of decide on-provider inns. The Hotel is properly positioned straight throughout the road from the Atlantic Ocean and in walking distance of Relatives Kingdom Amusement Park, Splashes Water Park, and the Myrtle Beach front Boardwalk. Lodging Associates completely represented the Vendor on this transaction.
“This is the 20th Resort deal that we have been included with in the Myrtle Beach front market place, and we were being extremely delighted to help the Seller in achieving their targets and aims through the difficult COVID-19 surroundings,” observed Ford C. Barton.
Other current product sales finished in 2021 by Lodging Companions incorporate the sale of 3 mid-market place prolonged-continue to be motels: the Inexpensive Company Suites found in Harmony, North Carolina, Statesville, North Carolina, and Kannapolis, North Carolina.
We keep on to see potent trader fascination in accommodations through the Carolina region and remain bullish on the lengthy-term secular trends in our field. Lodging Associates has several other qualities under deal and jobs 2021 to be a really healthy calendar year for resort transactions. If you very own a resort in the Southeast and would take into account presents to buy your assets, now is an amazing time to investigate your choices ahead of the likely adjust in funds gains tax. Lodging Associates is viewing large amounts of desire from Purchasers trying to find hospitality investments in all sizes, regions, and rate ranges.
About Lodging Companions, LLC
Lodging Companions is a specialized hotel brokerage and advisory agency targeted on the sale of decide on-support hospitality financial commitment qualities on behalf of institutional and non-public traders all over the United States. More than the past 7 a long time, Lodging Companions has had an advisory job on above $475 Million in the latest resort transactions across most important resort brand names, which include: Marriott, IHG, Finest Western, Option Lodges, Wyndham, and Radisson Lodge Team. The company gives a large selection of resort serious estate providers, such as brokerage, valuation consulting, and strategic acquisition scheduling and has an unwavering determination to consumer assistance. In addition to advertising inns, Lodging Companions also coordinates the sale and obtain of resort notes, arranges preferred fairness & recapitalization, and manages auctions via the 10-X system, where the business lately offered 10 accommodations. Lodging Companions may be accessed on the internet at www.lodging-companions.com.
About Lodge Brokers Worldwide
Founded in 1959, Hotel Brokers Worldwide users direct the business in resort real estate income. HBI lodge brokerage experts have efficiently negotiated additional than 10,000 resort actual estate transactions and persistently account for the premier share of all choose-assistance and economic system lodge sales in the United States. HBI is the founder and administrator of the Accredited Resort Broker Plan, the authentic estate industry’s only specialist designation plan for resort brokers. In addition to hospitality actual estate advisory solutions, HBI features affiliate membership to gurus in allied fields, like franchising, lending, appraisals, and expenditure services. For additional information and facts about HBI, HBI users and their resort listings or to come to be a broker or affiliate member, visit www.hbihotels.com.
For much more facts contact:
Ford C. Barton, Principal
Lodging Companions, LLC
Telephone 704.341.8488
[email protected]
Glenda J. Webb, Executive Director
Hotel Brokers Global
Kansas Town, Missouri
816.505.4315
[email protected]
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