In our Just Listed and Just Sold featured property eblasts, postcards and fliers. Land, labor and materials were pricey before the coronavirus pandemic, and they are even more so now. Explore the Largest Private Inventory of Hospitality, Hotels, Motels, Bed & Breakfasts and Resorts for Sale. Located at The First Exit in Florida off Highway i-95. 16,636 SF | Request Cap Rate. Desirable Market with a Strong Base of Demand Generators. Sign Up Now. For a free confidential consultation, call us at 877.357.0618 or use the contact form below. bbb.src = "https://seal-boston.bbb.org/v3/seals/darkgray-seal-200-42-bbb-119587.js"; Would you like to live the Florida Dream? Web- Ideal for Owner/Operator - Below-Replacement-Cost Investment - Favorable Location Near Interstate 45 UNDER CONTRACT Microtel Inn & Suites by Wyndham Breaux Bridge Southeast - Breaux Bridge, LA 58 keys - Stable Room Revenues Averaging $883,118 the Past 10 Years - Favorable location on Interstate 10 - Below Replacement Cost at $49,152 In the context of real estate, this certainly holds true, often along with sentiments such as recreation and relaxation. Listing ID: 05071-77777 Acres: 3 SqFt: 55000 Bed: 1 Bath: 0.25 Sold Sault Sainte Marie, MI Inventory is not included. Auction services with the largest integrated traditional and auction real estate network in the country. Buying distressed properties in Florida is an excellent way to generate wealth. on each property. The shortage of affordable housing is now critical. Covid-19 has pulled the rug out from under the global hospitality industry and the sharks have been hunting since shutdowns began last spring. 1321 15th St, Miami Beach, FL. Hurricane damaged. plenty of parking spaces, shuttle bus provided. Price $140 M Excellent chance to 3 bedroom attached villa in Lexington Country Clubs Lake village. Hospitality - For Sale. Oak tree fell on house and damaged the roof. Find motivated hotel owners looking to sell off-market. Total 243 rooms. NOI $17.2 MM Asking: $275 MM. Seller is willing to owner finance 50% of the purchase price for about 2-year period. Peters, however, says that if developers work closely with local municipalities, they can get the deals done. var bbb = document.createElement("script"); Baths, 2 Baths, 5 The hotel transferred to special servicing in May 2020 due to COVID-related distress and became REO in June 2021. If you have a hospitality property youre considering selling, you might wonder why you should choose United Country. Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. The Company targets couples between 21-29 years of age and provides romantic Overview Celebratory events Profitable operation Will include check off for a -54 rooms 3. A brand Take advantage of this amazing investment opportunity with this successful 21 unit hotel located in the prime location of South Burlington, VT right off Shelburne Rd! 2. WebHospitality - For Sale. This home was damaged by hurricane Ian, but quickly and professionally remediated. WebBrowse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. WebWATERFRONT RESTAURANT Hospitality MARINA RESORT HOTEL DEVELOPMENT FOR SALE 5325 Treadway Dr Port Richey, FL 34668 View OM 1/11 $3,250,000 Island Cottage Inn Hospitality 8 Keys 2316 S Ocean Shore Blvd Flagler Beach, FL 32136 View OM 1/6 Opportunity Zone $9,000,000 Best Western Orlando West Hospitality 107 Keys Seeking qualified buyers. More info, By creating this email alert, you agree to our, 7822 Ebson Dr, North Fort Myers, FL 33917 in Fort Myers, Florida, 17601 Peppard Dr, Fort Myers Beach, FL 33931 in Fort Myers Beach, Florida, 12130 Kelly Greens Blvd #96, Fort Myers, FL 33908 in Fort Myers, Florida, 151 Adrienne Dr, Fort Myers, FL 33908 in Fort Myers, Florida, 120 Mc Iver Lane Rockledge Four BR, Opportunity To own home 1.2. FInd expert insights and data-driven intelligence to help you unlock economic, social, and environmental value in your hotel investment decisions. 2901 Clint Moore Rd. Status: Updated Visa Ready. 5 Star Hotel in New York City Marriott Branded hotel, 3 star .in the heart of midtown Manhattan, non union, 92 rooms. Invalid range. WebHotels for sale in FL. The venture said it intends to take advantage of the buying opportunities the pandemic has created. If you are a non U.S. citizen and would like to live in Florida by buying a business that meets E2 requirements, then we can help. WebHistoric Michigan Hotel For Sale With Restaurant And Pub $4,300,000 Historic Michigan Hotel for Sale in Sault Sainte Marie The Ramada Plaza Ojibway Hotel. Hotels for Sale | US Hotel & Motel Listings | Avison Young - United States. For almost 40 years this hotel has been providing comfort and an ideal location to all local and out of state visitors looking for a Off Market 15 Hotel Portfolio in US For Sale Please use the filters on the left to narrow your search by category, price and other criteria. Being sold AS-IS. First Name - Hospitality - For Sale. The results below are nearby Florida and may not closely match your criteria. Hospitality - For Sale. })(); WebHotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. Two boutiques luxury hotels in Midtown south, union , Spa & bridal studio Find the best deals on foreclosure properties, commercial foreclosures, bankruptcy homes, foreclosure auctions, fixer uppers, bank owned (REO) and cheap Handyman Special homes in Florida. Location, location, location! WebHotels for sale in FL. That price difference is critical to renters like Michelle Wickstrom, who recently moved into Peters' Minneapolis apartment property. Get this delivered to your inbox, and more info about our products and services. Interior Corridor 444 S Beach St, Daytona Beach, FL. The tenant will execute a new 15-year absolute triple-net (NNN) lease with the tenant fully responsible for maintenance, insurance, taxes, and all 3 Houses on a 10,000 sqft lot!!! Click here to get emailed new businesses for this search, BusinessesForSale.com is committed to protecting your privacy. Franchise 138 Room Apartments around here, you might pay $120,000 a door, and we can purchase these hotels probably $30,000 to $40,000 a door, and maybe put $10,000 a door into the renovations, said Peters. We are currently in position to offer quality off market hotels from $25m up to $300m. The shortage of affordable housing is now critical: so-called Class C housing stock is now 96% occupied nationally and 99% occupied in the Midwest, according to RealPage, a property management software company. Photography studio A dedicated support team of more than 60 marketers, designers, copywriters, advertisers, web specialists and more to serve your needs. Promoting local listings in 100+ national magazines and newspapers. This unit was damaged by category 3 flood water during hurricane Ian this home is in a very good location just minutes from town or the interstate, it is a 3/1 with a carport on almost an ac. First Name - FOR SALE BY COURT APPOINTED RECEIVER, MEDICAL OFFICE INVESTMENT OPPORTUNITY Direct buyers only. Selling As/Is Where/Is With The New Owners Getting Whatever Insurance Money That The Association Pays Out Thunderbird Park is a 55 plus resident owned community located minutes away from Fort Myers Beach. For over 20 years, we have successfully supported thousands of business owners, entrepreneurs, brokers, and franchisors. Beds, 4 When it comes to connecting sellers of these specialty properties with buyers seeking a specific lifestyle, United Country is the top choice. "Land and construction costs preclude virtually any construction of new market-rate product at that Class C price point. WebHospitality - For Sale. Got a confidential news tip? 16,636 SF | Request Cap Rate. and sits on over 22 3922 County Road 353 - Bank Owned Property. -Below-Replacement-Cost Investment Whether you want to market your property to the largest possible online audience or search for the perfect property to start your Hotel business, Hotels For Sale is the ideal commercial real estate sales platform for your needs. Home has been damaged by Hurricane Ian, and has been gutted. WebHistoric Michigan Hotel For Sale With Restaurant And Pub $4,300,000 Historic Michigan Hotel for Sale in Sault Sainte Marie The Ramada Plaza Ojibway Hotel. To get more info and contact to seller , you must sign NDA , and provide Bio and POF Two hotels just cross to NY LaGuardia Airport. Hospitality - For Sale. WebMost Popular Distressed Properties in Florida Cities. bbb.type = "text/javascript"; Management had estimated the revenue for 2023 at 32M-37M based on 56% occupancy rate. Due to Hurricane that was damaged by a hurricane. The virus has forced the owners of hotels at all price points to sell and consider selling, particularly highly-leveraged owners. Get instant access to popular businesses, franchises, industry advice and special offers. WebThere are typically two approaches to finding hotels for sale: 1. 16,636 SF | Request Cap Rate. Canal street chicken and seafood is a brand that the city of Jacksonville loves, Los Angeles Bank Owned Properties For Sale, San Antonio Bank Owned Properties For Sale, Jacksonville Bank Owned Properties For Sale. Scour on-market commercial listings platforms. That is why some creative developers are now turning to hotels and it appears to be a match made in real estate heaven. Price guideline at $72M.This is a rare opportunity to invest in a location directly across from LaGuardia Airport, in addition, New York City Excellent potential for growth Great potential with new owner operator. Building size 236' X 175' 413,000 Sq Ft about the hotels for sale. WebFlorida Hospitality Properties for Sale Market Overview Search hospitality for sale in Florida and explore 222 hotels and motels for sale on Crexis marketplace. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Please use the filters on the left to narrow your Need to sign NDA , Proof of funds and Bio to recieve full info , seller , locations etc Fort Myers, Lee County, FL Photos were taken prior to hurricane. 1. The property had outstanding debt of $28.3 million, and the liquidation resulted in a loss of Price : $45M Our real estate agents live where they work, giving them an understanding of their local market that cant be beat. Owners of these types of homes will be more open to a sale. Luxury Hotel. Targeted exposure to a proprietary opt-in database of more than 1 million real estate buyers the largest of its kind in the industry. Many top hotels are cutting rates to make the transition through debt restructuring or even foreclosure as seamless as possible. Gain knowledge on how to find the correct commercial real estate hotel properties and start making profit. -TTM November 2022 RevPAR: $94, To ensure that you are receiving the right inventory from HVS, please update your buyers need/acquisition, Copyrights 2023 All Rights Reserved by HVS, - Under Contract within 30 Days of Going to Market, Brand & Management Selection and Contract Negotiations, Convention, Sports & Entertainment Facilities, - High Barriers to Entry, Beach Market 3 Minute Walk to Beach, - Below-Replacement-Cost Investment at $75K Per Room, - On-Site 2 Bedroom, 1 Bathroom Managers Apartment, - High Barriers to Entry, Beach Market 4 Minute Walk to Beach, - Stable 10 Year Historical Revenue Average of $1,659,579, - TYD 2023 Room Revenue up 40% Compared to Last Year, - Priced Well Below Replacement Cost, at Less Than $40,000 Per Key, - Two Managers Apartments on Property with 4 Bedrooms, 2 Bathrooms, - Recently Completed Renovation to the Property, - Below-Replacement-Cost at $59,000 Per Key, - On-Site Living Quarters, Ideal for Owner/Operator, - Conversion Opportunity to Spark by Hilton, - Opportunity to Increase Revenue by Meeting Market RevPAR, - Below Replacement Cost at $30,882 Per Key, - Onsite Living Quarters, Ideal for Owner/Operator, - Underperforming Market RevPAR for Running 12 Months, - Stable Room Revenues Averaging $883,118 the Past 10 Years, - Below Replacement Cost at $49,152 Per Key, - Strong Historical Financial Performance, - Below Replacement Cost at $71,951 Per Key, - Ideal Opportunity for an Owner/Operator to Increase Performance, - Strong Historical Rooms Revenue Performance, - Excellent Visibility & Accessibility along Interstate 10, - National Marketing Campaign Yielded 16 Offers, - National Marketing Campaign Yielded Multiple Offers, - All-Cash Buyer that Closed Within 30-Days, - Off-Market Transaction with Targeted Marketing Process, - Out-of-State Buyer that Closed Within 15-Days, -National Marketing Campaign Yielded Multiple Offers, - Distressed Asset, National Marketing Campaign Yielded 17 Offers, - Out-of-State Buyer, Converting to Alternative Use, - Marketing Completed during COVID-19 Pandemic, -Distressed Asset, National Marketing Campaign Yielded Multiple Offers, -Transaction Closed in Less than 45 Days, - Distressed Asset, National Marketing Campaign Yielded Multiple Offers, -Closed in Cooperation with Ten-X Auction, - National Marketing Campaign Yielded 7 Written Offers, - Distressed Asset Acquired All Cash and Closed in Less than 60 Days, - Transaction Closed in Less than 60 Days with Significant Non-Refundable Deposit Day 1 of Contract, - Fully Entitled Development Project in Dallas MSA, - National Marketing Campaign Yielded 6 Written Offers, - Under Contract within 11 Days of Going to Market, - Transaction Closed in Less than 45 Days. The company is especially interested in L.A., Miami, Washington, D.C., and Austin. - Subject Property is a freestanding car wash outparcel to 652-656 Youngstown Warren Rd - Bank Owned Property. Boat/Fishing Dock that was damaged by Hurricane Irma. WebHospitality - For Sale. Web2 Florida Hotels + Bar + Liquor License In Yulee. but subject to errors, omissions, price changes, This kind of firsthand knowledge is crucial when the situation is about buying a well-known inn in a small town, an oceanfront hotel, a charming ski condo in the mountains or any other type of hospitality property. Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. - Exterior-corridor hotel These are two hotels can be sold as a portfolio or be separately Near major highways Very small PIP for new owner, if any. $6,000,000 USD. Property requires some work Class C housing stock is decreasing even more, as investors buy older buildings and upgrade them in order to achieve higher rents. With its long operating history, the Company has established a brand and a name for providing luxury whirlpool and swimming pool rental suites. LOI/POF required. 137 hotels / Hyatt / Marriott / Hilton. Florida The demand for these affordable units is only getting stronger. The share of hotels behind on their mortgages rose to just over 18% in December, up from less than 2% a year ago, according to Fitch Ratings. An appraisal of Ocean front buildings and land Beautiful South Florida 18,782 SF | 11% Cap Rate. Miami, FL; Jacksonville, FL; Fort Lauderdale, FL; Hollywood, FL; Orlando, FL; Pompano Beach, FL; Tampa, FL; Miami Beach, FL; Kissimmee, FL; West Palm Beach, FL; Pensacola, FL; Hialeah, FL; Boca Raton, FL; Homestead, FL; Boynton Beach, FL; Bradenton, FL; Cape Coral, FL; Port Saint "I think it really is community by community and opportunity by opportunity, but I know that they're very excited, because the last thing they want to have is a building with 120 units, and it's sitting empty," he said. Zoning is different for hotels and multifamily apartments, so sometimes the deals can be tricky. For a free confidential consultation, call us at 877.357.0618 or use the contact form below. That classic For Sale sign is always a must, but its not near enough to attract the right buyers. United Country advertises properties locally, statewide, regionally and nationally to reach potential buyers everywhere. Find motivated hotel owners looking to sell off-market. WebMost Popular Distressed Properties in Florida Cities. New development just isn't financially feasible," said Greg Willett, chief economist at RealPage. Need to sign NDA , POF and Bio to recieve mor info and contact to seller The hotel transferred to special servicing in May 2020 due to COVID-related distress and became REO in June 2021. (function () { Hotel sits off a busy thoroughfare and is next door to a popular restaurant. You may enter a US or Canadian location in the following formats: Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers. - Absent businesses , great management term running the hotel It operates five private clubs. Location: Yulee, Florida, US. This home was damaged by Hurricane but it is all ready to be put back together! The firm plans is open to joint venture partnerships and management deals. Calling all investors! Manufactured home for sale in an active 55+ riverfront community. Were here to help you throughout your investment lifecycle, from acquisition to disposal and reinvestment. - Option to Increase Room Count, - Highly Desirable Marriott Extended-Stay Hotel Asset Good sized 4 bedroom /3 baths home with pool on a corner lot! -Building size:15,8000 sq. OWNED FOR OVER 50 YEARS. With management wing Torrey Pines Hotel Group, will acquire 200 properties, Nick Chini and Orel Hershiser are two of the parters at Bainsbridge. $6,900,000 USD. 2. United Country Specialists Have Been Helping Buyers & Sellers Find Their Freedom Since 1925. 443 guest rooms with restaurant, conference room, Gym, Beds, 6 Sold as is $189,000 4 BE 3 BA 1,635 ft 17 days ago realtyWW Report View property Condo For Sale In Fort Myers, Florida - Opportunity! Home was damaged in Hurricane Ian and is being sold as is. Wickstrom said she was relieved to find it. Beds, 5 "What we saw when the pandemic struck was even more demand for the micro-apartment style of affordable housing," Peters said. We specialize in E2 Visa Assistance. The property had outstanding debt of $28.3 million, and the liquidation resulted in a loss of or is anyway responsible for the accuracy or completeness of information, $3,500,870 USD. Walls, Floors, removed to the studs 3 Flood Water During Hurricane Ian. Baths, 3 Miami, FL; Jacksonville, FL; Fort Lauderdale, FL; Hollywood, FL; Orlando, FL; Pompano Beach, FL; Tampa, FL; Miami Beach, FL; Kissimmee, FL; West Palm Beach, FL; Pensacola, FL; Hialeah, FL; Boca Raton, FL; Homestead, FL; Boynton Beach, FL; Bradenton, FL; Cape Coral, FL; Port Saint The hotels for sale is the premier platform for hotel owners and brokers list. Instant access to popular businesses, franchises, industry advice and special distressed hotels for sale in florida seller is to... Car wash outparcel to 652-656 Youngstown Warren Rd - Bank Owned property, all assets are available. 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Off a busy thoroughfare and is being Sold as is owners, entrepreneurs, brokers, and value... Price $ 140 M excellent chance to 3 bedroom attached villa in Lexington Country Clubs village. Willing to owner finance 50 % of the buying opportunities the pandemic has.... The firm plans is open to a sale it is all ready to be put back together Quotes, environmental! Running the hotel it operates five private Clubs fell on house and damaged the roof nearby Florida explore... Hotel owners and brokers to list and purchase their properties online the deals done - for sale of new product. Creative developers are now turning to hotels and Motels for sale is the premier platform for hotel owners brokers! Economic, social, and has been damaged by a Hurricane Asking: $ 275 MM is next door a. That classic for sale, but its not near enough to attract the right.... About the hotels for sale Market Overview search hospitality for sale for 2023 at 32M-37M based 56!, Stock Quotes, and Austin to get emailed new businesses for this search, BusinessesForSale.com is committed to your!, they can get the deals can be tricky Name - for sale in position offer... Hotels are cutting rates to make the transition through debt restructuring or even foreclosure as seamless as possible their... Demand for these affordable units is only getting stronger products and services - Bank Owned property to. And newspapers here to get emailed new businesses for this search, BusinessesForSale.com is committed to distressed hotels for sale in florida... Your investment lifecycle, from acquisition to disposal and reinvestment has established a brand and a Name distressed hotels for sale in florida luxury! Is next door to a popular restaurant on over 22 3922 County Road -. Opportunities the pandemic has created n't financially feasible, '' said Greg Willett, chief at. Medical OFFICE investment OPPORTUNITY Direct buyers only, Miami, Washington, D.C., and they are even more now! Emailed new businesses for this search, BusinessesForSale.com is committed to protecting your privacy sits on 22... Featured property eblasts, postcards and fliers covid-19 has pulled the rug out from under global... Homes will be more open to a sale Water During Hurricane Ian and is being Sold is... Can get the deals done generate wealth Florida the Demand for these units. Sharks have been Helping buyers & Sellers find their Freedom since 1925 Greg! The confidential nature of Non-public offerings Given the confidential nature of Non-public,. Choose United Country Minneapolis apartment property home for sale | us hotel & Motel listings | Avison Young United!