Royal Palace Inn & Suites
Hospitality | 41 Keys
Marketing description
Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 41-room Royal Palace Inn & Suites, located in Myrtle Beach, South Carolina. Ideally situated along the city’s renowned oceanfront corridor, the property offers guests convenient walkability to the beach, major attractions, dining, and entertainment, driving consistent leisure demand year‑round. The hotel features a diverse mix of well‑appointed rooms and suites and has recently completed significant capital improvements, positioning the asset in move‑in‑ready condition with limited near‑term capital requirements. The Royal Palace Inn & Suites offers investors the opportunity to acquire a turn-key, boutique, 41-room property in a highly desirable and growing market.
Investment highlights
- Located in one of the East Coast’s most established and high‑traffic leisure destinations, drawing consistent year‑round tourism demand.
- Turn-key property with significant recent capital improvements.
- Within walking distance from the beach.
- Independent hotel – unencumbered by the strict operating requirements and annual fees associated with franchising.
- Excellent owner-operator acquisition opportunity
- Conveniently located in Myrtle Beach, a major tourism center that attracts over 15 million visitors annually.
- Located within close proximity to South Ocean Boulevard & South Kings Highway, two main thoroughfare that travel through coastal Myrtle Beach and the surrounding coastal cities.
- Property is ideally located within close proximity to the beach and Myrtle Beach’s more notable demand generators.
- Located directly off South Ocean Boulevard, providing ease of access and displaying excellent signage to commuters along the coast of Myrtle Beach.
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