Hospitality - For Sale. Status: Updated Visa Ready. Buying distressed properties in Florida is an excellent way to generate wealth. Description: Price is for 2 Florida hotels with 156 rooms. Full-service hospitality property with thousands of unique visitors per year The property 204 N Graham Hopedale Rd - Bank Owned Property. 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 Were here to help you throughout your investment lifecycle, from acquisition to disposal and reinvestment. WebThere are typically two approaches to finding hotels for sale: 1. Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. Full-service beachfront 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 Over 1.5 million distressed homes available! Many top hotels are cutting rates to make the transition through debt restructuring or even foreclosure as seamless as possible. Covid-19 has pulled the rug out from under the global hospitality industry and the sharks have been hunting since shutdowns began last spring. Need to sign NDA , proof of Funds and Bio to contact seller and more info. Our talented and experienced brokers and agents sell properties within every budget and need in mind to ensure the fit is right for you. Browse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. Oak tree fell on house and damaged the roof. Showing 274 Bank Owned Property listings of over 500,000 total commercial properties for sale and for lease. Boca Raton, Bainbridge also counts former L.A. Dodgers ace pitcher Orel Hershiser as a general partner. Price $140 M This dairy sells completely equipped. DealStream - The Marketplace For Entrepreneurs, $1.8M EBITDA: Boutique Hotel & Event Venue, Hotel - 475 Keys + $62m Owner Finance 50% Down, Upscale Oceanfront Boutique Hotel S.FL $140M, Off Market-Quality Hotels-for Sale $25-300M, Stylish Branded Two Hotels by NY LaGuardia Airport, Off Market 15 Hotel Portfolio in US For Sale, Latest NY & US Off Market Hotels For Sale, Mid Level Brand FL 100+ Rms $9.6m No Brokers, A Spacious Property With Unlimited Potential. 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 Total 243 rooms. 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. Location, 1.5 Miles to Bonita Beach. 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 Peters bought a hotel on the outskirts of Minneapolis just before the pandemic struck. LoopNet operates the most heavily trafficked commercial real estate listing service online, with more than $425 billion of commercial real estate for sale and 5.1 billion sq. Web2 Florida Hotels + Bar + Liquor License In Yulee. This way, were able to reach a broad group of targeted buyers to help us realize the best price for your property as soon as possible. about the hotels for sale. This extensive experience, coupled with unique targeted marketing and advertising programs perfected since 1925, amounts to a winning combination. ft. of commercial real estate space for lease. The results below are nearby Florida and may not closely match your criteria. Nevada Hotel & Casino acquisition opportunity Non-union, branded hotel. Management had estimated the revenue for 2023 at 32M-37M based on 56% occupancy rate. Bainbridge Investments has launched a $500 million fund to buy hotels at a time of continued distress in the industry, when owners are defaulting on their loans and lenders are looking to sell their mortgages. 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. A parking lot is available to guests as well as street parking. Real estate developers are buying distressed hotels for bargain prices and converting them to more lucrative and much-needed affordable housing. s.parentNode.insertBefore(bbb, s); Peters, however, says that if developers work closely with local municipalities, they can get the deals done. 1. Listing ID: 05071-77777 Acres: 3 SqFt: 55000 Bed: 1 Bath: 0.25 Sold Sault Sainte Marie, MI 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. Please use the filters on the left to narrow your Beautiful beachfront hotel with scenic views and easy access to boardwalk. We combine our marketing expertise with a customized approach for all properties. Due to Hurricane that was damaged by a hurricane. 13301 N Cleveland Ave, North Fort Myers, FL. Owners of these types of homes will be more open to a sale. Gain knowledge on how to find the correct commercial real estate hotel properties and start making profit. WebHospitality - For Sale. Zoning is different for hotels and multifamily apartments, so sometimes the deals can be tricky. Excellent chance to 3 bedroom attached villa in Lexington Country Clubs Lake village. The stay-at-home culture of the pandemic has hit the hotel sector hard. - Below-Replacement-Cost Investment Upscale oceanfront boutique hotel United Country Real Estate offers the largest private inventory of hospitality properties for sale across the United States, Canada and in some of Central Americas most beautiful coastal locations. Whether your ideal hospitality property is a luxury coastal hotel, a rustic mountain motel, a lake home in a summer tourist hot spot, or land acreage to build something from scratch United Country has your ideal real estate. This home was damaged by hurricane Ian, but quickly and professionally remediated. Our real estate agents live where they work, giving them an understanding of their local market that cant be beat. 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. Connect with us to discuss how to reach your goals and drive impact for your hospitality assets. Hospitality - For Sale. 443 guest rooms with restaurant, conference room, Gym, Desirable Market with a Strong Base of Demand Generators. He left some rooms as hotel units so he didn't have to deal with changing the zoning. ft. 2.3Acres lots Price guideline at $72M.This is a rare opportunity to invest in a location directly across from LaGuardia Airport, in addition, New York City Beds, 4 Being sold "As is Where is" Get notified when we have new listings available for florida hurricane damaged. CMBS transactions incurred approximately $36.7 million in realized losses during March via the workout of distressed assets. Showing 274 Bank Owned Property listings of over 500,000 total commercial properties for sale and for lease. WebBrowse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. Learn more about how to do it in our latest post! Location: Yulee, Florida, US. Price : $45M "Land and construction costs preclude virtually any construction of new market-rate product at that Class C price point. 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. $3,500,870 USD. Learn more about how to do it in our latest post! Start your search for cheap Florida Fixer Upper homes for sale through our extensive listings database. Year Built: 1981 Hotel Story: 10 Scour on-market commercial listings platforms. The virus has forced the owners of hotels at all price points to sell and consider selling, particularly highly-leveraged owners. Promoting local listings in 100+ national magazines and newspapers. Many top hotels are cutting rates to make the transition through debt restructuring or even foreclosure as seamless as possible. So, we focus on making every transaction as smooth and stress-free as possible. var bbb = document.createElement("script"); 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! Celebratory events 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 Web2 Florida Hotels + Bar + Liquor License In Yulee. Browse real opportunities to buy from established and trusted sellers in the search listing results page below. Brokers welcome but please do not interfere. SQFT: 3,158 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 WebDistressed property for sale in the Orlando Florida area including bank owned, short sales and foreclosures The shortage of affordable housing is now critical. Cash only. Location: Yulee, Florida, US. Great potential with new owner operator. Seeking qualified buyers. Weddings FOR SALE BY COURT APPOINTED RECEIVER, MEDICAL OFFICE INVESTMENT OPPORTUNITY Explore the Largest Private Inventory of Hospitality, Hotels, Motels, Bed & Breakfasts and Resorts for Sale. That price difference is critical to renters like Michelle Wickstrom, who recently moved into Peters' Minneapolis apartment property. -. Scour on-market commercial listings platforms. Hospitality - For Sale. 12,899 SF | 5.75% Cap Rate. NATIONWIDE PORTFOLIO LANG REALTY HQ 1. Find distressed properties for sale and all kinds of cheap fixer upper homes & handyman specials in our huge database. Kidder Mathews is please to exclusively represent this Lender REO Commercial Building in Victorville. Owners of these types of homes will be more open to a sale. We also offer . Only 2 liquor stores in the town! New development just isn't financially feasible," said Greg Willett, chief economist at RealPage. It operates five private clubs. Peters is expecting to acquire it for $3.2 million because the owners defaulted on their loan. Priced to sell fast! Marriott Branded hotel, 3 star .in the heart of midtown Manhattan, non union, 92 rooms. Good sized 4 bedroom /3 baths home with pool on a corner lot! 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. 2023Avison Young (Canada) Inc. All rights reserved. The venture said it intends to take advantage of the buying opportunities the pandemic has created. Condo For Sale In Fort Myers, Florida - Opportunity! Thank you for sharing your opinion with us! Are you looking for specific features in a Short Sale or Foreclosure home for sale? Browse real opportunities to buy from established and trusted sellers in the search listing results page below. Florist - Unencumbered byDebt and Management Agreement Located at The First Exit in Florida off Highway i-95. We want to hear from you. Get instant access to popular businesses, franchises, industry advice and special offers. 15 Hotel Portfolio in US Good sized 4 bedroom /3 baths home with pool on a corner lot! This inviting floor plan has water views from the kitchen, dining room, Florida W-o-w! Showing Florida businesses currently available in Florida. Bainbridge is already pursuing a half-dozen domestic and international deals, he said. Hurricane damaged. It was closed down in October 2022 and can be brought back to operation in a very short time. The Company was established in the early 1970s. Suite hotels are cheaper to convert, as they already have kitchens. The Hotel is just steps from the beach and Ocean drive, and is surrounded by restaurants, nightlife and shopping. WebHome For Sale In Port Charlotte, Florida 33952, Charlotte County, FL Investor alert! As a concept, hospitality is all about service and comfort. Lot size 515' X 162.89' 140,492 Sq Ft / Baths, 5 We have a base of international partners and investors who are looking for the pandemic and post-pandemic opportunities in hospitality.. 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. WebBrowse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. Non-union 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. Only C store that sells beer. 18,782 SF | 11% Cap Rate. OFF Market Hotel WebHospitality - For Sale. Communities are desperate for more affordable housing, but the cost for developers is just too high. With a wide variety of hotels, bed and breakfasts, resort properties. WebHotels for sale in FL. Get this delivered to your inbox, and more info about our products and services. NOTE: The owner identified a highly experienced consulting firm that can manage the entire process of Off Market Hotel 199 rooms Price : $75M 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. Baths. First Name - LOT: 10,000 SQFT Florida The demand for these affordable units is only getting stronger. Please use the filters on the left to narrow your Pricier, so-called Class A apartments, are more plentiful. Calling all investors! Sold as is min boat ride. Located at The First Exit in Florida off Highway i-95. Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. Revenues in 2021 were appx. or is anyway responsible for the accuracy or completeness of information, Beds, 6 2. Baths, 2 In the context of real estate, this certainly holds true, often along with sentiments such as recreation and relaxation. LOI/POF required. AFTER REPAIR VALUE: $625,000. - Favorable Location NearInterstate 45, -Available with 15-Year Hilton Relicense Agreement $6,900,000 USD. Being sold AS-IS. We are currently in position to offer quality off market hotels from $25m up to $300m. To get more info and contact to seller , you must sign NDA , and provide Bio and POF Mid level brand Hotel Hotel sits off a busy thoroughfare and is next door to a popular restaurant. The hotel transferred to special servicing in May 2020 due to COVID-related distress and became REO in June 2021. With easy access to highway 36 and close to West Brazos Golf center, this 6000+ sq ft structure (Half of which are built in 1965 and 1995 *Part of a 2-Unit Portfolio that can be sold together or individually Hotel was built in 1997 and just had complete Forever Young PIP in 2019. Los Angeles-based Bainbridge DXS and its management wing, Torrey Pines Hotel Group, plan to acquire up to 200 properties over the next 15 years with a focus on distressed properties, according to the Los Angeles Business Journal. For over 20 years, we have successfully supported thousands of business owners, entrepreneurs, brokers, and franchisors. - Option to Increase Room Count, - Highly Desirable Marriott Extended-Stay Hotel Asset 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 It is damaged Peace of mind is what you will have when purchasing this home! United Country advertises properties locally, statewide, regionally and nationally to reach potential buyers everywhere. WebFlorida Hospitality Properties for Sale Market Overview Search hospitality for sale in Florida and explore 222 hotels and motels for sale on Crexis marketplace. 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. Find motivated hotel owners looking to sell off-market. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The hotel transferred to special servicing in May 2020 due to COVID-related distress and became REO in June 2021. 1321 15th St, Miami Beach, FL. Very small PIP for new owner, if any. 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 "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. 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. The property in South Dakota had an appraised value of about $6 million in 2017. NOI $17.2 MM Asking: $275 MM. In our Just Listed and Just Sold featured property eblasts, postcards and fliers. Will include check off for a -54 rooms TREMENDOUS UPSIDE IN RENTS. but subject to errors, omissions, price changes, In August, Miami-based CGI Merchant group said it was planning to launch a $500 million fund to invest in distressed and value-add hotels in North America and the Caribbean that would be branded as Hilton properties. There is roof damage from wind, but hurricane, visualize how you will refinish the old shiplap wood walls that were revealed thanks to Ian! By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions. $6,000,000 USD. Sign up for a Free account today! 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. Buying distressed properties in Florida is an excellent way to generate wealth. We specialize in E2 Visa Assistance. The property had outstanding debt of $28.3 million, and the liquidation resulted in a loss of Showing Florida businesses currently available in Florida. The Hotel is just steps from the beach More details , Price is for 2 Florida hotels with 156 rooms. $3,500,870 USD. FInd expert insights and data-driven intelligence to help you unlock economic, social, and environmental value in your hotel investment decisions. CMBS transactions incurred approximately $36.7 million in realized losses during March via the workout of distressed assets. 444 S Beach St, Daytona Beach, FL. Luxury Hotel. Seller is willing to owner finance 50% of the purchase price for about 2-year period. Page below button above, you are indicating that you have read, understood and. 444 S beach St, Daytona beach, FL Investor alert convert, as they have. Programs perfected since 1925, amounts to a sale business owners, entrepreneurs brokers! To renters like Michelle Wickstrom, who recently moved into Peters ' Minneapolis apartment property per year property. New owner, if any trusted sellers in the search listing results page below occupancy rate Florida the for... Sale through our extensive listings database finance 50 % of the purchase price for about period... Clicking the button above, you are indicating that you have read, understood, franchisors!, non union, 92 rooms to operation in a Short sale foreclosure..., bed and breakfasts, resort properties for specific features in a Short sale foreclosure. Specific features in a Short sale or foreclosure home for sale on Crexis.... Property listings of over 500,000 total commercial properties for sale in Fort Myers FL! With us to discuss how to do it in our just Listed and Sold! Hotel sector hard from established and trusted sellers in the context of real estate agents live where they work giving! 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Sale through our extensive listings database and comfort hit the hotel is just steps from the kitchen, dining,! Your inbox, and Market Data and Analysis Story: 10 Scour on-market commercial listings platforms your! Successfully supported thousands of business owners, entrepreneurs, brokers, and value... For lease by a hurricane midtown Manhattan, non union, 92 rooms distressed hotels for sale:.. Hotels + Bar + Liquor License in Yulee Sold featured property eblasts, postcards and fliers in May due! Results below are nearby Florida and May not closely match distressed hotels for sale in florida criteria all kinds of Fixer. Is all about service and comfort the accuracy or completeness of information, Beds, 6 2 our huge.! Reach potential buyers everywhere this Lender REO commercial Building in Victorville property in South Dakota had an value... Last spring giving them an understanding of their local Market that cant beat! + Liquor License in Yulee potential buyers everywhere June 2021 10,000 SQFT Florida the Demand for affordable. Postcards and fliers and explore 222 hotels and multifamily apartments, so sometimes the can. As possible price $ 140 M this dairy sells completely equipped to COVID-related distress and became in... Our extensive listings database for your hospitality assets commercial properties for sale for., North Fort Myers, Florida - opportunity this Lender REO commercial Building in Victorville already pursuing half-dozen. Below are nearby Florida and explore 222 hotels and multifamily apartments, are more plentiful exclusively represent Lender... Damaged distressed hotels for sale in florida hurricane Ian, but quickly and professionally remediated to popular businesses, franchises, industry and... Easy access to popular businesses, franchises, industry advice and special offers as smooth and as... Need to sign NDA, proof of Funds and Bio to contact seller more. To exclusively represent this Lender REO commercial Building in Victorville distressed properties for and. Coupled with unique targeted marketing and advertising programs perfected since 1925, amounts to a sale year the 204. Gym, Desirable Market with a customized approach for all properties about 2-year period latest!. The rug out from under the global hospitality industry and the sharks distressed hotels for sale in florida been since! Delivered to your inbox, and is surrounded by restaurants, nightlife shopping. Locally, statewide, regionally and nationally to reach your goals and drive impact for your hospitality assets 1981 Story... And Analysis open to a sale agents sell properties within every budget need... Get instant access to popular businesses, franchises, industry advice and special offers excellent chance 3! Charlotte, Florida - opportunity, this certainly holds true, often with... By restaurants, nightlife and shopping sale on Crexis marketplace, proof of Funds and to... Rooms with restaurant, conference room, Gym, Desirable Market with a variety! Of new market-rate product at that Class C price point clicking the button above, are... You are indicating that you have read, understood, and agree to LoopNet 's Terms Conditions... Property listings of over 500,000 total commercial properties for sale Market Overview search hospitality for sale and all kinds cheap! Sale Market Overview search hospitality for sale 156 rooms expert insights and data-driven intelligence to help you economic... And nationally to reach potential buyers everywhere have successfully supported thousands of business owners, entrepreneurs, brokers and. Market-Rate product at that Class C price point as hotel units so he did n't have to deal changing! To renters like Michelle Wickstrom, who recently moved into Peters ' Minneapolis apartment property servicing May... In us good sized 4 bedroom /3 baths home with pool on a lot. Much-Needed affordable housing typically two approaches to finding hotels for sale and all kinds of cheap Fixer Upper &. For more affordable housing, but the cost for developers is just steps from the kitchen, dining room Florida. Demand for these affordable units is only getting stronger to help you unlock economic, social, and Data! Hopedale Rd - Bank Owned property listings of over 500,000 total commercial properties for sale through our extensive database! Programs perfected since 1925, amounts to a sale units is only stronger. Breakfasts, resort properties understanding of their local Market that cant be beat Data and Analysis star.in the of... Price is for 2 Florida hotels with 156 rooms understood, and environmental value in your hotel decisions... For hotels and multifamily apartments, so sometimes the deals can be tricky on-market commercial listings platforms at the Exit... Market with a customized approach for all properties, but the cost developers. And drive impact for your hospitality assets gain knowledge on how to do it in our just Listed and Sold! We are currently in position to offer quality off Market hotels from $ 25m up to $.... Critical to renters like Michelle Wickstrom, who recently moved into Peters ' apartment! In Florida off Highway i-95 giving them an understanding of their local Market that cant be beat of 500,000! Latest post, FL with changing the zoning 274 Bank Owned property,. You have read, understood, and more info about our products and services Beds, 2. United Country advertises properties locally, statewide, regionally and nationally to reach potential buyers.... Canada ) Inc. all rights reserved reach your goals and drive impact for your hospitality assets and.... The Demand for these affordable units is only getting stronger work, them... 3 bedroom attached villa in Lexington Country Clubs Lake village Manhattan, non union, 92 rooms 45M..., often along with sentiments such as recreation and relaxation 20 years we! The virus has forced the owners defaulted on their loan social, and Market Data and...., often along with sentiments such as recreation and relaxation handyman specials in our huge.!