Myrtle Beach Hampton Inn Sold

Taking the deed in an all-cash transaction, Raleigh Krishna LLC is planning to invest $1.8 million into upgrading the 122-room Hampton Inn in Myrtle Beach, S.C.  The seller, Cane Patch Associates of Myrtle Beach, was represented by Anthony Falor and Andrew Kern, managing directors for Atlanta-based Rockwood Real Estate Advisors.  Located at 620 75th Ave. in the Grand Dunes area, the five-story hotel will continue to carry the Hampton Inn flag.  The asset, built in 1995, is situated within blocks of the beach and close to the Carolina Opry, theaters, golf courses, restaurants and shopping.