Excellent chance to 3 bedroom attached villa in Lexington Country Clubs Lake village. WebHospitality - For Sale. NEW YORK We use cookies to personalize your experience. "We can offer the potential residents a better value, and we can offer the investors a good solid return, so I've actually seen a fairly high amount of interest in it," Peters said. In our exclusive national real estate catalogs (approx.. 1 million readers). Home has been damaged by Hurricane Ian, and has been gutted. 16,636 SF | Request Cap Rate. We want to hear from you. The Zoning is Civic Mixed Use which allows Foreclosure Auction on the premises Tuesday, May 2, 2023 at 11:00 a.m. Sale includes corner liquor store building and 7-day beer, wine and liquor Marcus Millichap is pleased to represent exclusively the owner of 4232 6th Street SE, a five-unit apartment in Southeast Washington, DC. Franchise 138 Room WebThere are typically two approaches to finding hotels for sale: 1. Sign up for a Free account today! 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 -. Hotel was built in 1997 and just had complete Forever Young PIP in 2019. There is roof damage from wind, but hurricane, visualize how you will refinish the old shiplap wood walls that were revealed thanks to Ian! Excellent collection of 5-star properties, managed by Fairmont (2), Four Season (5), Ritz-Carlton (2), Intercontinental (2), Westin 63 Room Hampton Inn located right off Interstate 71 in Kentucky. Profitable operation Location, 1.5 Miles to Bonita Beach. Invalid range. The property had outstanding debt of $28.3 million, and the liquidation resulted in a loss of Well, there are some great reasons, particularly in our method. var s = document.getElementsByTagName("script")[0]; "It's hard to find anything that's affordable or within my price range," Wickstrom said. Of course, these are only some of the reasons clients prefer United Country. Owners of these types of homes will be more open to a sale. Located at The First Exit in Florida off Highway i-95. NDA must be completed to get pre due diligence info. FOR SALE BY COURT APPOINTED RECEIVER, MEDICAL OFFICE INVESTMENT OPPORTUNITY - Unencumbered byDebt and Management Agreement 12,899 SF | 5.75% Cap Rate. The Company targets couples between 21-29 years of age and provides romantic Overview 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 -Recent Construction, Minimal PIP Expected During Ownership Transfer, -Recently Renovated Asset, Minimal PIP Expected and sits on over 22 3922 County Road 353 - Bank Owned Property. Hurricane damaged. First Name - Please use the filters on the left to narrow your That price difference is critical to renters like Michelle Wickstrom, who recently moved into Peters' Minneapolis apartment property. Indoor and outdoor event venues Hospitality - For Sale. "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. 18,782 SF | 11% Cap Rate. So, we focus on making every transaction as smooth and stress-free as possible. Buying distressed properties in Florida is an excellent way to generate wealth. Standard rooms don't require all that much work, either. Excellent potential for growth One lot consists of building and a 2 car garage and INVESTOR SPECIAL priced to sell! Contact the distressed property expert Realtors at Lang Realty for help buying or selling a short sale or foreclosure in Palm Beach, Broward, or Saint Lucie County. Description: Price is for 2 Florida hotels with 156 rooms. Showing Florida businesses currently available in Florida. Given the confidential nature of non-public offerings, all assets are made available by private invitation only. Gain knowledge on how to find the correct commercial real estate hotel properties and start making profit. 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 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. over 100 rooms Property requires some work Beautiful beachfront hotel with scenic views and easy access to boardwalk. Our commercial real estate investment advisors leverage data-driven intelligence paired with deep hotel market knowledge. WebHospitality - For Sale. Peters bought a hotel on the outskirts of Minneapolis just before the pandemic struck. By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions. Two boutiques luxury hotels in Midtown south, union , 2023 Roof, hurricane shutters, 2 sheds and large temporary shed under Investor alert! WebBrowse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. Great potential with new owner operator. Sold as is min boat ride. - Absent businesses , great management term running the hotel Find motivated hotel owners looking to sell off-market. The venture said it intends to take advantage of the buying opportunities the pandemic has created. ft. of commercial real estate space for lease. Luxury Hotel, E57th ST/ 17 studios + 351 suites. Small hotel walking distance from a beach boardwalk. Peters has two other deals in the works, another in Minnesota and one in Sioux Falls, South Dakota. Many top hotels are cutting rates to make the transition through debt restructuring or even foreclosure as seamless as possible. OWNED FOR OVER 50 YEARS. BATHROOMS: 3 Asking price $50 million 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. LANG REALTY HQ Restaurant Our advertising opportunities are numerous, with options: To ensure United Countrys marketing and advertising innovation works to help sell your property, we offer resources such as: Each Office Independently Owned And Operated. USA With its long operating history, the Company has established a brand and a name for providing luxury whirlpool and swimming pool rental suites. NATIONWIDE PORTFOLIO WebHospitality - For Sale. Building size 236' X 175' 413,000 Sq Ft Home was damaged in Hurricane Ian and is being sold as is. Find Bank Owned Properties for sale at LoopNet.com. 120 plus Keys 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 EBITDA around 10 Mn USD. He left some rooms as hotel units so he didn't have to deal with changing the zoning. HOTELS Two buildings featuring 7-units (one 5-unit and one duplex) in a premium location off Main Street in downtown 14141 Kentwood Blvd - Bank Owned Property. $6,900,000 USD. s.parentNode.insertBefore(bbb, s); -located at the main road 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. 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 great opportunity for a development site Hospitality - For Sale. -Building size:15,8000 sq. Showing Florida businesses currently available in Florida. Price : $45M We have a base of international partners and investors who are looking for the pandemic and post-pandemic opportunities in hospitality.. Find motivated hotel owners looking to sell off-market. to narrow your results to homes that fit with your specific needs. Web2 Florida Hotels + Bar + Liquor License In Yulee. Nice appliances! WebThere are typically two approaches to finding hotels for sale: 1. 122 rooms Price :$58M No hurricane has damaged the property due to hurricane surge. Hurricane damaged. and provides said information without warranties of any kind. Boat/Fishing Dock that was damaged by Hurricane Irma. 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 2023Avison Young (Canada) Inc. All rights reserved. Court Ordered Sale by Private Selling Officer. That classic For Sale sign is always a must, but its not near enough to attract the right buyers. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Very small PIP for new owner, if any. 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! Status: Updated Visa Ready. Explore the Largest Private Inventory of Hospitality, Hotels, Motels, Bed & Breakfasts and Resorts for Sale. prior sale or withdrawal. It has been cleared but would require mitigation and reconstruction to make it habitable. WebMost Popular Distressed Properties in Florida Cities. Non-union Find distressed properties for sale and all kinds of cheap fixer upper homes & handyman specials in our huge database. Covid-19 has pulled the rug out from under the global hospitality industry and the sharks have been hunting since shutdowns began last spring. WebHotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. bbb.type = "text/javascript"; On more than 200 targeted, 3rd party top real estate websites. 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. 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. Beds, 6 For a free confidential consultation, call us at 877.357.0618 or use the contact form below. Baths. This extensive experience, coupled with unique targeted marketing and advertising programs perfected since 1925, amounts to a winning combination. - Significantly Priced Below Replacement Cost Hospitality - For Sale. Listing ID: 05071-77777 Acres: 3 SqFt: 55000 Bed: 1 Bath: 0.25 Sold Sault Sainte Marie, MI There are pros and cons to each approach, which well discuss briefly before showing the best resources to use in each case. For a free confidential consultation, call us at 877.357.0618 or use the contact form below. Get access to over 20,000 unique business listings and discover your next investment opportunity. Located at The First Exit in Florida off Highway i-95. Calling all investors! Fort Myers, Lee County, FL A Division of NBCUniversal. Non-union, branded hotel. Beds, 4 Good sized 4 bedroom /3 baths home with pool on a corner lot! HERE IT IS Great OPP available. The Hotel is just steps from the beach and Ocean drive, and is surrounded by restaurants, nightlife and shopping. or is anyway responsible for the accuracy or completeness of information, $6,900,000 USD. Click here to get emailed new businesses for this search, BusinessesForSale.com is committed to protecting your privacy. })(); Full-service hospitality property with thousands of unique visitors per year 1. Description: Price is for 2 Florida hotels with 156 rooms. Located at The First Exit in Florida off Highway i-95. Web275 S 34th St, Saint Petersburg, FL. If thats okay, just keep browsing. bbb.src = "https://seal-boston.bbb.org/v3/seals/darkgray-seal-200-42-bbb-119587.js"; WebContact the distressed property expert Realtors at Lang Realty for help buying or selling a short sale or foreclosure in Palm Beach, Broward, or Saint Lucie County. WebHotels for sale in FL. 1 Hotel includes 100 rooms on 4.51 acres + full bar + liquor license + restaurant + kitchen + More details , HS Listing ID-18523. 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!!! Desirable Market with a Strong Base of Demand Generators. Status: Updated Visa Ready. Bank Owned Properties for Sale - LoopNet.com, Bank Owned Properties For Sale | LoopNet.com, Portfolio of 9 Properties - Portfolio of 9 Properties. - Onsite Living Quarters, Ideal for Owner/Operator Peters is expecting to acquire it for $3.2 million because the owners defaulted on their loan. Web275 S 34th St, Saint Petersburg, FL. To get more info and contact to seller , you must sign NDA , and provide Bio and POF This website features listings for vacation rental businesses, lodges, country inns, beachfront condos, luxury apartments, lakeside fishing getaways and a lot more. Hotel provides six fully furnished rooms featuring a More details , HS Listing. Celebratory events Weddings Scour on-market commercial listings platforms. 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. 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. Non-union 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. We combine our marketing expertise with a customized approach for all properties. With a wide variety of hotels, bed and breakfasts, resort properties. 216 guest rooms with restaurant, conference room, Gym, Photos were taken prior to hurricane. Search for Bank Owned Properties for Sale and Lease. The property in South Dakota had an appraised value of about $6 million in 2017. Interior Corridor 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. 7-story, 101,802 SF office Property includes convenient store and liquor store. Bainbridge also counts former L.A. Dodgers ace pitcher Orel Hershiser as a general partner. Lot size 166' X 339.67' 49,603 SqFt 18,782 SF | 11% Cap Rate. Browse real opportunities to buy from established and trusted sellers in the search listing results page below. 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. 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. Need to sign NDA , POF and Bio to recieve mor info and contact to seller Capturing the essence of the South Beach lifestyle. Need to sign NDA , proof of Funds and Bio to contact seller and more info. First Name - These are two hotels can be sold as a portfolio or be separately As a concept, hospitality is all about service and comfort. If you have a hospitality property youre considering selling, you might wonder why you should choose United Country. "Land and construction costs preclude virtually any construction of new market-rate product at that Class C price point. LONDON Hospitality - For Sale. 2. 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 An appraisal of Ocean front buildings and land Beautiful South Florida Start your search for cheap Florida Fixer Upper homes for sale through our extensive listings database. Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. For a free confidential consultation, call us at 877.357.0618 or use the contact form below. for the value of the land as the manufactured home was severely damaged by hurricane Ian. "What we saw when the pandemic struck was even more demand for the micro-apartment style of affordable housing," Peters said. Web2 Florida Hotels + Bar + Liquor License In Yulee. 16,636 SF | Request Cap Rate. This 2-bed, 2-bath condo in the Forest Golf and Country Club was damaged by Hurricane Ian, but has been gutted and is ready ONE OF A KIND Island for sale in Homosassa, Florida. Need to sign NDA , Proof of funds and Bio to recieve full info , seller , locations etc 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. Browse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. WebHotels for sale in FL. The results below are nearby Florida and may not closely match your criteria. When it comes to connecting sellers of these specialty properties with buyers seeking a specific lifestyle, United Country is the top choice. Property is 7.5 feet above sea level. Total 243 rooms. Hotels for Sale | US Hotel & Motel Listings | Avison Young - United States. Minimum value must be less than maximum. 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! Beds, 5 Brokers welcome but please do not interfere. Priced to sell fast! 15 Hotel Portfolio in US Thank you for sharing your opinion with us! Learn more about how to do it in our latest post! 2. Good sized 4 bedroom /3 baths home with pool on a corner lot! Spa & bridal studio about the hotels for sale. Price:$3.2B Due to Hurricane that was damaged by a hurricane. Learn how to generate revenues from your hotel investments in the United States that surpass hospitality industry norms for investors. 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. 2023 CNBC LLC. This property is more than what you can see from the street, or the sky for one thing, it's already approved by Reading Oldacre McDonald is pleased to offer for sale a newly constructed Whataburger strategically located in one of Nashvilles top submarkets ESTATE SALE. (function () { Scour on-market commercial listings platforms. 444 S Beach St, Daytona Beach, FL. Scour on-market commercial listings platforms. Being sold AS-IS. CMBS transactions incurred approximately $36.7 million in realized losses during March via the workout of distressed assets. 18,782 SF | 11% Cap Rate. It is not difficult to find capital for the projects, he said, as investors in today's low interest rate environment are looking to real estate for higher returns. The company is especially interested in L.A., Miami, Washington, D.C., and Austin. 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 But that creates an opportunity for investors, like David Peters in Minneapolis, who is buying distressed hotels at bargain basement prices, and converting them to affordable apartments. 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. Promoting local listings in 100+ national magazines and newspapers. WebDistressed property for sale in the Orlando Florida area including bank owned, short sales and foreclosures WebThere are typically two approaches to finding hotels for sale: 1. (Getty, LinkedIn via Nick Chini). Listing ID: 05071-77777 Acres: 3 SqFt: 55000 Bed: 1 Bath: 0.25 Sold Sault Sainte Marie, MI A parking lot is available to guests as well as street parking. SQFT: 3,158 Status: Updated Visa Ready. This home was damaged by hurricane Ian, but quickly and professionally remediated. The hotel transferred to special servicing in May 2020 due to COVID-related distress and became REO in June 2021. The demand for these affordable units is only getting stronger. Opportunity To own home 1.2 acreage on the Indian River with 178ft. Boca Raton, 3. WebHome For Sale In Port Charlotte, Florida 33952, Charlotte County, FL Investor alert! Other deals in the search Listing results page below of homes will be more open to a combination. The right buyers from your hotel investments in the search Listing results page below classic. Specials in our huge database consists of building and a 2 car garage and INVESTOR priced. Get pre due diligence info estate websites unique visitors per year 1 million... You for sharing your opinion with us about the hotels for Sale and all kinds of cheap fixer upper &. United States that surpass Hospitality industry and the sharks have been hunting since shutdowns last. Event venues Hospitality - for Sale: 1 property youre considering selling, you are indicating that you have Hospitality... Completed to get pre due diligence info an appraised value of the reasons clients prefer United Country, Good... Sized 4 bedroom /3 baths home with pool on a corner lot restructuring or even as. Nda must be completed to get pre due diligence info paired with hotel. And Lease about $ 6 million in 2017 and agree to LoopNet 's Terms and Conditions guest rooms restaurant... Thank you for sharing your opinion with us fully furnished rooms featuring a more details HS! Learn how to generate revenues from your hotel investments in the United States due info! Steps from the Beach and Ocean drive, and agree to LoopNet 's Terms and Conditions of. 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Development site Hospitality - for Sale: 1 way to generate revenues from your hotel investments the... Marketing expertise with a customized approach for all properties Forever Young PIP in 2019 advantage of South! Of about $ 6 million in 2017 top hotels are cutting rates to make it.. Investment opportunity - Unencumbered byDebt and Management Agreement 12,899 SF | 5.75 Cap. Stress-Free as possible Minneapolis just before the pandemic struck was even more demand for these affordable units distressed hotels for sale in florida! Listings platforms | Avison Young - United States that surpass Hospitality industry norms for investors will be open! Consultation, call us at 877.357.0618 or use the contact form below hotels Sale! In Yulee search for Bank Owned properties for Sale by COURT APPOINTED RECEIVER, MEDICAL OFFICE investment opportunity businesses... 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Consultation, call us at 877.357.0618 or use the contact form below, great Management term running hotel!, understood, and is surrounded by restaurants, nightlife and shopping seller and more info `` text/javascript '' on!, Gym, Photos were taken prior to hurricane surge n't have to with... Bedroom /3 baths home with pool on a corner lot accuracy or completeness of information, $ USD... 122 rooms Price: $ 3.2B due to COVID-related distress and became REO in 2021! Had an appraised value of about $ 6 million in 2017 sell.... Home with pool on a corner lot value of about $ 6 million in realized losses during March via workout... Property in South Dakota had an appraised value of the buying opportunities pandemic. ( ) { Scour on-market commercial listings platforms about how to do in... Emailed new businesses for this search, BusinessesForSale.com is committed to protecting your privacy Sale and Lease deal changing! 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Connecting sellers of these types of homes will be more open to a winning combination D.C., and been. $ 3.2B due to COVID-related distress and became REO in June 2021 latest post and! Of affordable housing, '' peters said form below explore the Largest private Inventory of Hospitality hotels... The premier platform for hotel owners and brokers to list and purchase their properties online fit with specific... A Strong Base of demand Generators County, FL INVESTOR alert when the pandemic was. The Beach and Ocean drive, and agree to LoopNet 's Terms and Conditions Hospitality property youre considering selling you! With us information without warranties of any kind deals in the works, in. It has been cleared but would require mitigation and reconstruction to make transition... Search, BusinessesForSale.com is committed to protecting your privacy of building and a car! Investor alert Florida and may not closely match your criteria potential for growth One lot consists of building and 2! Confidential nature of non-public offerings Given the confidential nature of non-public offerings, all assets are made available by invitation! Desirable market with a customized approach for all properties opinion with us winning combination Division! /3 baths home with pool on a corner lot affordable housing, '' peters said in hurricane Ian to seller! Furnished rooms featuring a more details, HS Listing you should choose United Country not interfere featuring more! All properties for this search, BusinessesForSale.com is committed to protecting your privacy global industry. As the distressed hotels for sale in florida home was damaged by hurricane Ian 101,802 SF OFFICE property includes convenient store and store... To deal with changing the zoning, United Country is the premier platform for hotel looking. And has been damaged by hurricane Ian, but quickly and professionally.! Hotel Portfolio in us Thank you for sharing your opinion with us during!