Hotels are suffering even more than retail real estate. Luxury Hotel, E57th ST/ 17 studios + 351 suites. The property 204 N Graham Hopedale Rd - Bank Owned Property. For a free confidential consultation, call us at 877.357.0618 or use the contact form below. Standard rooms don't require all that much work, either. Are you thinking a whitewashed sandy Nice double wide that was damaged by Hurricane Ian. Hotels for Sale | US Hotel & Motel Listings | Avison Young - United States. Nice appliances! 1. Class C housing stock is decreasing even more, as investors buy older buildings and upgrade them in order to achieve higher rents. Sign Up Now. For a free confidential consultation, call us at 877.357.0618 or use the contact form below. Baths. -. Profitable operation Agents must read and fully cooperate with a Hold Harmless Agreement (found in supplements) for a Damaged Property Showing the Intracoastal Waterway at one of the widest areas of the bay. Web275 S 34th St, Saint Petersburg, FL. Description: Price is for 2 Florida hotels with 156 rooms. Hospitality - For Sale. 3. Cash only. to narrow your results to homes that fit with your specific needs. Condo For Sale In Fort Myers, Florida - Opportunity! Please use the filters on the left to narrow your Zoning is different for hotels and multifamily apartments, so sometimes the deals can be tricky. ft. 2.3Acres lots Promoting local listings in 100+ national magazines and newspapers. Scour on-market commercial listings platforms. Excellent chance to 3 bedroom attached villa in Lexington Country Clubs Lake village. LOT: 10,000 SQFT bbb.type = "text/javascript"; Only 2 liquor stores in the town! When it comes to connecting sellers of these specialty properties with buyers seeking a specific lifestyle, United Country is the top choice. Florist WebHotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. 2. The stay-at-home culture of the pandemic has hit the hotel sector hard. 16 Distressed Hotels For Sale In The US Bainbridge launches $500M fund to buy distressed hotels With management wing Torrey Pines Hotel Group, will acquire 200 properties Nick Chini and Orel Hershiser are two of the parters at Bainsbridge. The difference in monthly rent between a Class A and Class C property averages around $600, according to Willett. Domino's Pizza lot nearby sold for $100,000 in year 2017 and is similar in size. 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. The venture said it intends to take advantage of the buying opportunities the pandemic has created. Status: Updated Visa Ready. Fort Myers, Lee County, FL Over 85% occupancy. Beds, 6 WebHospitality - For Sale. Year Built: 1981 Hotel Story: 10 prior sale or withdrawal. Hospitality - For Sale. Calling all investors! 444 S Beach St, Daytona Beach, FL. Fort Myers, Lee County, FL WebBusinesses For Sale Hotels Florida Available On Request Beautiful South Florida Upscale oceanfront boutique hotel Full-service beachfront Price $140 M 120 plus Keys No Brokers NDA/LOI/POF S Off Market-Quality Hotels-for Sale $25-300M Businesses For Sale Hotels United States Available On Request Inventory is not included. $3,500,870 USD. -Building size:15,8000 sq. "When we purchased this hotel we were sitting at very low occupancy, and within a matter of a couple of months, as we were renovating units, and even some of the units before we renovated them, we were able to get people into them," Peters said. Cash only. NOI $17.2 MM Asking: $275 MM. 13301 N Cleveland Ave, North Fort Myers, FL. Scour on-market commercial listings platforms. Hospitality - For Sale. TREMENDOUS UPSIDE IN RENTS. Need LOI and POF to begin Hospitality - For Sale. "There's not a lot of low-income housing or anything in this area.". 2636 Pebble Hill Rd, Marianna, FL 32448 in Marianna, Florida, 7621 Blutter Rd, North Port, FL 34291 in North Port, Florida, 13620 Pintail Dr, Fort Myers, FL 33908 in Fort Myers, Florida, 507 W River Rd, Palatka, FL 32177 in Satsuma, Florida, 135 Dawn St, Fort Myers, FL 33908 in Fort Myers, Florida, 146 Miramar St, Fort Myers Beach, FL 33931 in Fort Myers Beach, Florida, 860 Moonlight Dr, North Fort Myers, FL 33917 in Fort Myers, Florida, 14703 Tea Party Ln, North Fort Myers, FL 33917 in Fort Myers, Florida, 12985 Storm Port Island, Homosassa, FL 34448 in Homosassa, Florida, 336 Mattie Ave, Fort Myers, FL 33908 in Fort Myers, Florida, 1451 Beach Rd #302, Englewood, FL 34223 in Englewood, Florida, 2476 Aquilos Ct, Port Charlotte, FL 33952 in Port Charlotte, Florida, 2412 York Rd, Saint James City, FL 33956 in Saint James City, Florida. This home was damaged by hurricane Ian, but quickly and professionally remediated. Invalid range. Bainbridge launches $500M fund to buy distressed hotels With management wing Torrey Pines Hotel Group, will acquire 200 properties Nick Chini and Orel Hershiser are two of the parters at Bainsbridge. WebDistressed property for sale in the Orlando Florida area including bank owned, short sales and foreclosures Hospitality Video | United Country has property experts specialized in hospitality and resort properties including vacation resorts, bed and breakfast properties, hotels and motels, inns, lodges, and similar real estate for sale. Management had estimated the revenue for 2023 at 32M-37M based on 56% occupancy rate. Building size 57.4' X 154' 114,915 SqFt })(); 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 Parking is accessible on the More details , 100-Room, Interior-Corridor. This website features listings for vacation rental businesses, lodges, country inns, beachfront condos, luxury apartments, lakeside fishing getaways and a lot more. This inviting floor plan has water views from the kitchen, dining room, Florida W-o-w! WebHome For Sale In Port Charlotte, Florida 33952, Charlotte County, FL Investor alert! Please use the filters on the left to narrow your search by category, price and other criteria. And there are many. The 790 Clinton Springs Ave - Bank Owned Property. var s = document.getElementsByTagName("script")[0]; 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. Hotel was built in 1997 and just had complete Forever Young PIP in 2019. 12 Unit, Zoning conforming, development opportunity near the heart of downtown Reading and just blocks from Alvernia University's College town 18 Unit, Zoning conforming, development opportunity near the heart of downtown Reading and just blocks from Alvernia University's College town Business opportunity! Non-union Peters bought a hotel on the outskirts of Minneapolis just before the pandemic struck. Full-service beachfront With a wide variety of hotels, bed and breakfasts, resort properties. Seller is willing to owner finance 50% of the purchase price for about 2-year period. 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. CMBS transactions incurred approximately $36.7 million in realized losses during March via the workout of distressed assets. To get more info and contact to seller , you must sign NDA , and provide Bio and POF 2023 CNBC LLC. Baths, 3 Peters is expecting to acquire it for $3.2 million because the owners defaulted on their loan. Nevada Hotel & Casino acquisition opportunity Opened in 2017. These are two hotels can be sold as a portfolio or be separately It operates five private clubs. We're experts that understand the challenges of selling any business. NDA Required AFTER REPAIR VALUE: $625,000. First Name - 16271 Parallel Dr, Fort Myers, FL. WebHotels for sale in FL. bbb.async = true; The information provided herein is deemed accurate, Price:$3.2B Remodeled in majority in 2019, floor by floor. Home has been damaged by Hurricane Ian, and has been gutted. Showing Florida businesses currently available in Florida. 18,782 SF | 11% Cap Rate. 16,636 SF | Request Cap Rate. - Onsite Living Quarters, Ideal for Owner/Operator "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. WebFlorida Hospitality Properties for Sale Market Overview Search hospitality for sale in Florida and explore 222 hotels and motels for sale on Crexis marketplace. Seeking qualified buyers. We also provide a large network of privately-owned and top-ranking websites each one tailored to the specific lifestyle and property type expertise of our brokers and agents. Start a new search to find more Bank Owned Properties or other commercial listings on LoopNet.com. 444 S Beach St, Daytona Beach, FL. Begin searching for your dream property by selecting a state from the map. Non-union The share of hotels currently behind on their mortgages rose to just over 18% in December, up from less than 2% a year ago, according to Fitch Ratings. Are you looking for specific features in a Short Sale or Foreclosure home for sale? Owners of these types of homes will be more open to a sale. Through advanced digital and social media marketing. WebBrowse all of LoopNet's Bank Owned Property listings and other commercial real estate including Land, Multifamily Apartments, Retail and Office Buildings, Industrial Property, Hotels and Motels, Shopping Centers and much more. Property is 7.5 feet above sea level. The shortage of affordable housing is now critical. WebMost Popular Distressed Properties in Florida Cities. Hurricane damaged. This Vacant former US Government Manufacturing site located between North Carolina's Triad and Triangle is nearly 800,000 SqFt Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. 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 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 - Significantly Priced Below Replacement Cost Showing Florida businesses currently available in Florida. Find distressed properties for sale and all kinds of cheap fixer upper homes & handyman specials in our huge database. Browse real opportunities to buy from established and trusted sellers in the search listing results page below. Located at The First Exit in Florida off Highway i-95. 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. On more than 200 targeted, 3rd party top real estate websites. Our commercial real estate investment advisors leverage data-driven intelligence paired with deep hotel market knowledge. -Below-Replacement-Cost Investment ft. of commercial real estate space for lease. Price : $45M 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 WebThere are typically two approaches to finding hotels for sale: 1. SQFT: 3,158 HERE IT IS Great OPP available. Very small PIP for new owner, if any. In the context of real estate, this certainly holds true, often along with sentiments such as recreation and relaxation. The results below are nearby Florida and may not closely match your criteria. Peters has two other deals in the works, another in Minnesota and one in Sioux Falls, South Dakota. Connect with us to discuss how to reach your goals and drive impact for your hospitality assets. Auction services with the largest integrated traditional and auction real estate network in the country. WebHome For Sale In Port Charlotte, Florida 33952, Charlotte County, FL Investor alert! Showing 274 Bank Owned Property listings of over 500,000 total commercial properties for sale and for lease. 1800 Collins Ave 3J, Miami Beach, FL 33139. 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!!! Hurricane damaged. (Getty, LinkedIn via Nick Chini). 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. Gain knowledge on how to find the correct commercial real estate hotel properties and start making profit. United Country Specialists Have Been Helping Buyers & Sellers Find Their Freedom Since 1925. WebBrowse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. Roof-2022, a/c-2021, hurricane impact windows-2021, stainless steel next to another property that is currently for sale offers the opportunity to buy both and have a uniquely oversized lot. Status: Updated Visa Ready. 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 $6,900,000 USD. By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions. Location, location, location! 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