Established riverfront motel in Conway, South Carolina, generating $634,633 in annual revenue and $202,236 in seller’s discretionary earnings (SDE). Offered at $2,749,000, the sale includes the motel business, owned real estate valued at $2,500,000, and approximately $175,000 of furniture, fixtures and equipment.
Located approximately 20 minutes from Myrtle Beach, the motel combines a scenic Waccamaw River setting with access to the wider Myrtle Beach tourism market. The property is also conveniently positioned near Coastal Carolina University, Conway Medical Center and historic downtown Conway, supporting both tourism and year-round demand.
Guests benefit from river views and convenient access to restaurants, shopping, entertainment, golf, nightlife and outdoor recreation. The motel provides an alternative to traditional beachfront accommodation while remaining within easy reach of Myrtle Beach.
Multiple opportunities exist to increase the property's performance, including renovations, boutique repositioning, improved occupancy and potential short-term rental strategies. Market-rate projections provided for the opportunity indicate potential average daily rates of $110–$160 and occupancy of 60%–75% following appropriate positioning. These figures represent growth potential rather than current operating performance.
This opportunity combines an operating hospitality business, valuable riverfront real estate and significant FF&E in a single acquisition.
