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Yachtsman Resort to be sold at auction, with bids starting at $4.75 million

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Local documents immigrant bus unloading at myrtle beach hotel, shaping the future: becoming a certified stem teacher, jetpeel’s audacious ascent: beyond the salon glass ceiling.

According to Ten-X , an auction of the 153 room Oceanfront Yachtsman Resort will begin online Feb. 13th – 16th.

The Yachtsman hotel stands at 10 stories high on 1304 & 1404 North Ocean Blvd in the City of Myrtle Beach, S.C. The property previously existed as a timeshare. The Ten-X site states the timeshare agreements have been terminated and the property can now be converted into a hotel.

The Yachtsman was built in 1982.

BJ Patel, managing director at Atlanta-based firm Hodges Ward Elliott, is listed as a key contact in the sale.

William M. Hodges and Michael Brandes of Hodges Ward Elliott are also listed as contacts for the pending sale. The Ten-X site reads “ Due to the termination of the previous timeshare agreement, 153 units are now available for purchase, including the land itself, ” according to a site description. “ Given that the property hasn’t received any capital expenditures since the last decade, a comprehensive guest-room focused overhaul will allow it to better compete against its competitive set and the market. ”

As found on the Ten-X website:

The Yachtsman is offered fee simple and unencumbered by existing management and debt, affording new ownership maximum flexibility in the future operation and capitalization of the property. Due to the termination of the previous timeshare agreement, 153 units are now available for purchase, including the land itself. Each of the 153 suite-style guestrooms features a kitchenette and living space, allowing maximum comfortability for the hotel’s guests. These suite-style rooms are perfectly tailored to the market, which receives a strong base of demand from family leisure travelers. Given that the property hasn’t received any capital expenditures since the last decade, a comprehensive guest room-focused overhaul will allow it to better compete against its competitive set and the market. As a newly renovated, all-suite style hotel, the property is anticipated to generate substantial incremental ADR and room revenue on a stabilized basis, which will flow directly to the bottom line and lead to significant cash flow gains for a new owner going forward.

Due to the property’s flexible zoning, in addition to hotel use, the property has potential for alterative use – (example – Multi-Family).

Continues an ongoing sea change of ownership in Myrtle Beach Hotels and businesses.

This sale continues a massive turnover in business ownership in Myrtle Beach, S.C.

In 2021 -2022, the oceanfront Myrtle Beach hotels changing ownership included:

• Brittain Resort Hotels  was purchased by E.O.S. Investors, LLC of N.Y.
• The  Sea Mist Resort  was put on the market for $55 million.
• Sand Castle Hotels sold to a L.A. Investment team.
• Kingston Resorts  purchased by E.O.S. Investors, LLC of N.Y.
• The  Family Kingdom  selling just this past Fall.
• The City of Myrtle Beach purchasing the  Fountain Bleu  and Oasis Motels.
• The City of Myrtle Beach purchased the Midtown Motel for $8.2 million in October.
• Better Brands Beer Distributors sold this past Friday, December 9th to Southern Crown Partners
• MB National, LLC, purchased the Oceanfront Monterey Bay and Suites in November 2022.

2022 will be remembered as one of the highest turnover periods of Myrtle Beach Hotels among key brand named properties in the city.

• Better Brands Beer Distributors
• Family Kingdom
• MB National
• Midtown Motel
• Monterey Bay
• Sand Castle Hotels
• William M. Hodges

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Hybridge Capital Acquires Yachtsman Resort in Myrtle Beach Out of Bankruptcy

MYRTLE BEACH, S.C. — Hybridge Capital Management has purchased The Yachtsman Resort, a 159-room hotel located at 1304 N. Ocean Blvd. in Myrtle Beach. The Los Angeles-based investor acquired the hotel, which was built in 1982, out of bankruptcy in an off-market transaction.

Bhavesh Patel of Hodges Ward Elliott represented the seller, Maryland-based Lemonjuice Solutions, in the transaction. The sales price was not disclosed. Max Mellman and Drew Rands of Max Benjamin Partners Inc., along with Justin Ghaderi of CBRE, secured an undisclosed amount of acquisition financing for the deal.

Hybridge Capital, which now owns 569 hotel/resort rooms in Myrtle Beach, plans to implement a capital improvement program to restore The Yachtsman. Details about the renovation were not disclosed.

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California real estate firm acquires Myrtle Beach hotel for 'higher-end' housing

by Brianna Allison

MYRTLE BEACH, S.C. (WPDE) — A Beverly Hills-based real estate firm has purchased the Yachtsman in Myrtle Beach.

The management partner of Hybridge Capital Max Mellman confirmed the sale to ABC15 on Thursday.

READ MORE: Potential land purchase could expand Lewis Ocean Bay Heritage Preserve by 350 acres

A release from Hybridge detailed that the “deal was secured out of bankruptcy through an off-market transaction.”

Mellman added that the company is looking to develop the 159 beachfront condominiums into 'higher-end' long-term housing.

"We're excited about the project and to add some additional housing to Myrtle Beach,” he said.

According to online records, the mortgage for the property is nearly $12 million.

Sale of ex-SC timeshares upended as top bidder says never mind

The Yachtsman Resort on Ocean Boulevard in Myrtle Beach hit the virtual auction block last month after it was ordered sold as part of a bankruptcy case.

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Myrtle Beach, South Carolina is one of the most popular family vacation destinations in the country, and the Yachtsman Resort is perfectly located near all of the top attractions. When you find these Myrtle Beach timeshares for sale, you will be able to buy time in your own vacation condo in this desirable destination for an affordable price.

Yachtsman Resort is located at the entrance to the famous Boardwalk and just a few steps from the SkyWheel and other attractions. Along with the theme rides and other activities on the beach, you will find championship golf courses, tennis courts, deep-sea fishing, outlet shopping as well as the daily activities offered at the resort. Your family will be able to enjoy a relaxing and rejuvenating vacation every year that will not break your budget. 

Quality Accommodation with All the Essentials

You can choose between a studio suite, a one or two-bedroom unit. All units have a fully equipped kitchen, dining room, whirlpool tub, entertainment system with cable TV and wireless Internet access. All units are oceanfront with spectacular views of the Atlantic Ocean. The Yachtsman Resort even has an indoor and an outdoor pool as well as an activity room.

When you find Myrtle Beach timeshares for sale at Yachtsman Resort, it is your opportunity to have a vacation unit without the worries of figuring out kitchen utensils, bed linen and towels and regular maintenance. You and your family just need to arrive and head straight for the beach.

Myrtle Beach is Fun for Everyone

The local attractions are many, including Ripley’s Aquarium, Barefoot Landing, and Brookgreen Gardens. The resort may arrange discounted tickets for many attractions and help organize your vacation so you do not miss a thing. If you would like to visit another destination, your Myrtle Beach timeshare is a great advantage for exchanging for another destination through an exchange service. Here is your chance to have a perfect vacation every year at a price you can afford.

Contact Yachtsman Specialist Today!

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Days: Saturday / Time: 3:00 P.M.

• World Tour Golf Links 3.21 Miles
• Wild Wing Plantation - The Avocet 12.78 Miles
• Wild Wing Plantation - Humminghird 12.78 Miles
• Wild Water & Wheels 6.09 Miles
• Wicked Stick Golf Links 6.09 Miles
• Waterway Hills Golf Club 1.15 Miles
• Wachesaw Plantation East 12.74 Miles
• TPC Myrtle Beach 12.74 Miles
• Tidewater Golf Club & Plantation 16.78 Miles
• The Wizard Golf Course 3.21 Miles
• The Witch 12.78 Miles
• The Long Bay Club 15.51 Miles
• The Links at Cypress Bay 19.43 Miles
• The Legends 0 Miles
• The International Golf Club of Myrtle Beach 12.74 Miles
• The Dunes Golf & Beach Club 7.74 Miles
• Shaftesbury Glen Golf and Fish Club 12.78 Miles
• River Oaks Golf Plantation 3.21 Miles
• River Hills Golf & Country Club 19.43 Miles
• Quail Creek Golf Club 12.78 Miles
• Prestwick Country Club 6.09 Miles
• Possum Trot Golf Club 16.78 Miles
• Pine Lakes International Country Club 0 Miles
• Myrtlewood Golf Club -PineHills Course 0 Miles
• Myrtlewood Golf Club 0 Miles
• Myrtle Waves 0 Miles
• Myrtle Beach National Golf Club 1.15 Miles
• Myrtle Beach International Airport 0 Miles
• Man O' War Golf 3.21 Miles
• Island Green Golf Club 7.36 Miles
• Indigo Creek Golf Plantation 12.74 Miles
• Indian Wells Golf Club 12.74 Miles
• Heron Point Golf Club 7.36 Miles
• Heather Glen Golf Links 19.43 Miles
• Harbour View Golf Complex 19.43 Miles
• Grande Dunes 3.21 Miles
• Glen Dornoch Waterway Golf Links 19.43 Miles
• Family Kingdom 0 Miles
• Eagle Nest Golf Club 19.43 Miles
• Cypress Bay Golf Club 19.43 Miles
• Burning Ridge Golf Club 12.78 Miles
• Blackmoor Golf Club 12.74 Miles
• Black Bear Golf Club 15.51 Miles
• Beachwood Golf Club 16.78 Miles
• Barefoot Resort & Golf - Norman Course 16.78 Miles
• Barefoot Resort & Golf - Love Course 16.78 Miles
• Barefoot Resort & Golf 16.78 Miles
• Azalea Sands Golf Club 16.78 Miles
• Arrowhead Country Club 3.21 Miles
• Arcadian Shores Golf Club 7.74 Miles
• Aberdeen Country Club 15.51 Miles

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7 Best Resorts to Buy Myrtle Beach Timeshares

• 8 months ago

Want to save money on a trip to the Grand Strand? A vacation to the incredible Myrtle Beach is bound to be fun thanks to its amazing attractions, delicious dining, and clear waters, but it’s also not cheap. Fortunately, there is a solution! If you want to save money, you can buy a timeshare in Myrtle Beach for a fraction of the cost on the resale market. Top resort developers like Wyndham, Holiday Inn, and Westgate know just how popular Myrtle Beach is, and they’ve built plenty of top-notch resorts for you to choose from. With so many options, picking just one can feel a bit intimidating. Fortunately, we’re here to help! Here’s our list of the best Myrtle Beach timeshares to buy.

South Beach Resort by Holiday Inn Club Vacations

Westgate myrtle beach oceanfront resort, yachtsman timeshare resort.

• Marriott's Oceanwatch Villas at Grand Dunes

Best Timeshares In Myrtle Beach to Buy

Who doesn’t want the best of the best when they’re on vacation? Naturally, a big part of having the best vacation ever comes down to the resort that you’re staying at. When you  choose your home resort  in Myrtle Beach, you have priority access to reservations or an annual week that’s guaranteed. Allowing you to come back year after year hassle-free. Myrtle Beach offers one-of-a-kind vacation experiences that are fun for everyone, no matter the age or interest type.

Club Wyndham Myrtle Beach Timeshares:

As one of the best vacation clubs to join, Wyndham has multiple timeshare resorts that span across Myrtle Beach. Club Wyndham gives owners access to their beautiful resorts on the Grand Strand using points or weeks.

SeaWatch Plantation

This RCI Gold Crown Resort is a recreational hub on the Grand Strand. With easy beach access, a lazy river, as well as multiple pools on-site, this is a great Myrtle Beach timeshare to buy. The kids will love playing bocce ball or spending cloudy days in the game room. Looking for something else to do? Head to the activities center on the resort for a calendar filled with fun. Moms will love the quiet sunbathing area for those much-needed snoozes by the ocean. Not to mention, golf enthusiasts will love the nearby championship courses nearby.

Accommodations at the SeaWatch Plantation resort vary from one to four-bedroom suites. Each option has a fully-equipped kitchen, washer, and dryer in the unit, as well as private bedrooms for maximum comfort. Enjoy a fresh cup of hot coffee on private porches or balconies to watch the sunrise over the ocean each morning. If being in the center of attractions and entertainment isn’t quite for you, the SeaWatch Plantation resort is perfect. Only ten minutes away from the Myrtle Beach Boardwalk and Promenade, guests here can relax in peace each night but are still within reach of the excitement.

Ocean Boulevard

Eight hot tubs, three outdoor pools, two indoor pools. A sauna, on-site bar, and full beach access. All of this and more are available at Wyndham’s Ocean Boulevard resort. Take the planning out of vacation when all you are looking for is right on the property. Ocean Boulevard is a great Myrtle Beach timeshare to buy, with all of the extravagant and exciting amenities available. There are tons of attractions nearby, such as horseback riding, fishing, live entertainment, and parasailing. We already know Myrtle Beach is the ultimate family-friendly beach vacation, but Ocean Boulevard resort takes it one step further.

Plus, you’ll never have to leave the property (if you don’t want to). Grab a cocktail at the pool bar before sunbathing, or enjoy a bite to eat from the deli and snack bar. The Sea Breeze Cafe & Bar has something to satisfy every craving. Stay in one, two, three, or even four-bedroom suites, each complete with fully-equipped kitchens, a washer and dryer, and a private balcony/patio. You’ll find comfort in the spacious accommodations that offer privacy and plenty of room to stretch out.

Club Wyndham Westwinds resort is the perfect, cozy getaway on Myrtle Beach. This property on the Grand Strand is just secluded enough to enjoy a quiet getaway without missing the attractions like the SkyWheel or Ripley’s Believe It or Not! While Westwinds has fewer amenities, you’ll find greater opportunities to unwind and relax truly. Take a short stroll from your suite to the beach, hang out by the pool, or soak in an indoor hot tub.

There are fewer accommodation options, but each suite is just as comfortable and luxurious as other Wyndham timeshares in Myrtle Beach. If you don’t plan on traveling with kids every year, or you have a smaller travel party, consider buying this Myrtle Beach timeshare.

Learn more: 4 Reasons Why You Should Buy a Wyndham Timeshare

Holiday Inn Club Vacations Myrtle Beach Timeshares:

Holiday Inn Club Vacations is the perfect vacation ownership option for families and budget-conscious travelers. The South Beach Resort offers the best of both worlds in Myrtle Beach. Being just a few steps away from the beach makes this resort an ideal retreat destination for travelers, not to mention its larger villas.

On the resort is a relaxing lazy river for a nice ride in the water. Looking for something fun that the kids will love? The South Beach Resort even has giant waterslides at Splash Cove. Need a drink in hand while spending a day out in the sun? No worries! Captain Cliff’s Lagoon Bar offers delicious tropical-themed beverages right by the pool.

Westgate Resorts Myrtle Beach Timeshares:

Start your morning by waking up to oceanfront views and the rhythm of waves crashing along the shorelines. This newly renovated Westgate beach resort has everything you need and more. Guests can choose from various one and two-bedroom villas that offer different views. In addition, guests have easy access to the beach, local attractions, shopping, and entertainment.

Whether you want your accommodation to be cozy or spacious, it is up to you to decide. The villas can sleep two to eight guests, depending on what you choose. It comes equipped with a full kitchen to make tasty meals, a living room, as well as a washer and dryer. Smaller room amenities feature a hairdryer, an in-room safe, cable tv, wifi internet access, and much more.

Go to the heart of the action year after year at the Yachtsman timeshare resort in Myrtle Beach. Just one block away from the Myrtle Beach Boardwalk, visit the SkyWheel, Broadway at the Beach, and more. Activities are practically limitless, with shopping, dining, and even live entertainment. When you buy this timeshare in Myrtle Beach, you’ll have a fixed week to guarantee your vacations every single year. This is the most beneficial for families that don’t want to plan ahead or worry about booking windows.

On-site at the Yachtsman Resort are two outdoor pools and an indoor pool for those cloudy days. The kids will love the activity room and activity center to fill each day with something fun. Not to mention, you can grab some poolside snacks and drinks from the Yachtsman Snack Bar (only open seasonally). Choose from multiple accommodations ranging from efficiency-style studios or two-bedroom suites with oceanfront views.

Learn more: a Quick Look at Different Types of Timeshare

Marriott Myrtle Beach Timeshares

Marriott’s oceanwatch villas at grand dunes.

If you want easy access to the beach, you can’t go wrong with Marriott’s Oceanwatch Villas at Grand Dunes. Try your hand at putting on the resort’s putting green or play volleyball, shuffleboard, or table tennis. You can also take a dip in the indoor and outdoor swimming pools to get out of the Summer heat. In addition, on-site casual restaurants and pool bars offer a menu of a variety of American cuisine.

For accommodations, the resort boasts spacious two-bedroom villas with king and queen-sized beds. You’ll also have a balcony with oceanfront views you can use to gaze out over the golden sands of the beach or the resort’s beautifully designed garden. With stellar suites and great amenities, it’s no surprise this resort is the top Marriott timeshare in Myrtle Beach.

Myrtle Beach Timeshares For Sale

Ready to hit the beach year after year when you buy a Myrtle Beach timeshare? Then check out our marketplace ! We have listings for plenty of great resorts from Wyndham , Marriott , Westgate , and more. Once you find one you like, just make an offer, and one of our licensed agents will handle the rest. If you have any questions, please give us a call at 1-800-410-8326 or email us at [email protected] . We’re always happy to help!

Seawatch Plantation, Ocean Boulevard, Westwinds, and South Beach Resort by Holiday Inn Club Vacations are RCI-affiliated resorts. Westgate Myrtle Beach Oceanfront Resort, Yachtsman Timeshare Resort, and Marriott’s Oceanwatch Villas at Grand Dunes are II-affiliated resorts. Want to know more about what that means? Then check out our video, “RCI vs. Interval International: Vacation Exchange Showdown.”

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Noah Belachew

Noah Belachew is a Stetson University graduate with a Bachelor of Arts in English and a Theater Arts minor. He specializes in content writing, voiceover, and digital research. While born and raised just outside of Washington D.C., Noah has lived in Florida since 2018 and enjoys bicycling, cooking, and traveling.

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Welcome To The Yachtsman Resort

All Units are Ocean Front, not just "Ocean View". We have several unit types available at the Yachtsman Resort.

1 BR (City-Side Bedroom) with 1 King Bed, Queen Sleeper Sofa, 2 Youth Bunk Beds, 1 Bathroom w/Whirlpool Tub, Full Kitchen, Dining Room.

2 Bedroom with 1 King Bed, Queen Sleeper Sofa, 2 Double Beds, 2 Bathrooms, w/ 1 Whirlpool Tub, Full Kitchen, Dining Room.

Efficiency Suite with 1 Queen Bed, Queen Sleeper Sofa, 1 Bathroom w/Whirlpool Tub, Full Kitchen, Dining Room.

1 BR (Oceanfront) with 1 King Bed, Queen Sleeper Sofa, 2 Youth Bunk Beds, 1 Bathroom w/Whirlpool Tub, Full Kitchen, Dining Room.

Efficiency/Small 1 Bedroom, 1 Double Bed, Sofa-Queen wall bed folds down (see picture), 1 Bath w/Whirlpool Tub, Full Kitchen, Eating Area.

Please Note: These Units are not motorized-wheelchair accessible.

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