Lodging Partners arranges $2.9M sale of South Carolina Quality Inn

The 66-Unit, two-story Quality Inn & Suites Myrtle Beach is located directly across the street from the Atlantic Ocean.

Lodging Partners, a member of Hotel Brokers International, arranged the sale of the Quality Inn & Suites Myrtle Beach, S.C. 

The 66-Unit, two-story Quality Inn & Suites Myrtle Beach is located directly across the street from the Atlantic Ocean and within walking distance to Family Kingdom Amusement Park, Splashes Water Park and the Myrtle Beach Boardwalk. The hotel, which sold for the $2.9-million asking price, was acquired by a regional hotel investor. 

Ford C. Barton, principal at Lodging Partners, exclusively represented the seller, a locally-based group, on this transaction. "We have known and worked with the Seller over many years, and we’re delighted to have structured a very successful sale of this asset at the full asking price,” Barton said in a statement.

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

Lodging Partners is a specialized hotel brokerage and advisory firm focused on the sale of select service hospitality investment properties on behalf of institutional and private investors throughout the United States.

Suggested Articles

Radisson Hotel Group has signed the Radisson Riyadh Airport in the Kingdom of Saudi Arabia.

With hospitality innovators continuing to redefine what hotels can be, here are a few things to look for on the horizon.

The Atlanta-based company has partnered with Lincoln McIlravy and his hospitality company Serve 20:28.