Lender Driven Sale: Aventura on the Ocean | Myrtle Beach, SC

Highlights:

• Ocean Front Property: Aventura on the Ocean has beach access and ocean views. Located on Ocean Boulevard, there are numerous restaurants, bars, and entertainment within a 5-mile radius. Myrtle Beach International Airport, Family Kingdom Amusement Park, The Market Common, and Myrtle Beach Skywheel are all nearby.
• Recently Renovated: The property underwent a complete renovation in 2022 – 2023, updating interiors, exteriors, and furnishings (flooring, walls, kitchens, bathrooms, furniture, and fixtures).
• Extended Stay Amenities: Guest rooms feature kitchenettes equipped with dishwashers, refrigerators, stoves, microwaves, basic cooking utensils, pots and pans, bakeware, plates, cups, toasters, coffee makers and most supplies needed to cook meals.
• Proven Performance with Operational Upside: The Hotel realized an NOI of roughly $300,000 in 2025, a 57% margin. The Hotel’s current marketing strategy is to offer rooms below market rate to attract long term guests. A new owner has the opportunity to drive topline revenue and achieve a projected $500,000 NOI by 2029.
• Possible Redevelopment Opportunity: Myrtle Beach has seen a significant increase in private real estate development since they began the Arts and Innovation District visioning in 2019. The site next door is an example of the new construction ripple effect and is slated to become a 12 story Home2/Tempo dual brand.
• On-Site Amenities: The Hotel includes an outdoor pool, commercial laundry facilities, a dedicated front desk area, and an on-site administrative office.

Description:

Ri Marketplace Online Auction April 13th-15th, 2026
Register to bid on Marketplace

https://rimarketplace.com/auction/3080/hospitality/myrtle-beach/sc?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=hospitality_3080

Berkadia, in conjunction with RI Marketplace, are pleased to offer, on an exclusive basis, the opportunity to acquire fee simple interest in Aventura on the Ocean (the “Property”, “Asset”, or “Hotel”), a 40-room, oceanfront hotel strategically located directly off S Ocean Boulevard. The Property boasts an irreplaceable and highly accessible location in close proximity to many demand drivers.
Aventura on the Ocean features newly renovated rooms with kitchenettes that include dishwashers, refrigerators, stoves, microwaves, and essential cooking utensils and supplies for meal preparation, making the rooms especially convenient for extended-stay guests.

Myrtle Beach is one of the most visited coastal tourism markets in the southeastern United States. It continues to demonstrate resilience as a drive-to leisure destination, benefiting from regional population growth across the Carolinas, Georgia, and the Mid-Atlantic states. The area’s affordability relative to other coastal destinations enhances occupancy stability and repeat visitation. In 2024, 18.2 million people visited the area, up 2.3% from 2023. These guests spent $13.2 billion in 2024, outpacing 2023 travel expenditures by 5.3%.

Aventura on the Ocean represents a compelling opportunity to acquire an oceanfront asset in a high-demand leisure market with both stable cash flow characteristics and significant upside potential. The combination of irreplaceable beachfront location, strong regional tourism drivers, and value-add positioning makes this offering attractive to investors seeking exposure to the Myrtle Beach coastal market.


Lamar P. Fisher
Fisher Auction Company Inc.
License: 3981
Co: 3996
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: