distressed hotels for sale in florida
-. 12,899 SF | 5.75% Cap Rate. Get instant access to popular businesses, franchises, industry advice and special offers. The goal for all United Country agents is to leave each client satisfied with the service and guidance theyve received. WebDistressed property for sale in the Orlando Florida area including bank owned, short sales and foreclosures Find Bank Owned Properties for sale at LoopNet.com. 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. FInd expert insights and data-driven intelligence to help you unlock economic, social, and environmental value in your hotel investment decisions. 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 Beds, 9 Corporate 1. WebBrowse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. Need to sign NDA , proof of Funds and Bio to contact seller and more info. Of course, these are only some of the reasons clients prefer United Country. 137 hotels / Hyatt / Marriott / Hilton. Photos were taken prior to hurricane. for the value of the land as the manufactured home was severely damaged by hurricane Ian. Good sized 4 bedroom /3 baths home with pool on a corner lot! 2. Due to Hurricane that was damaged by a hurricane. plenty of parking spaces, shuttle bus provided. 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. Will include check off for a -54 rooms Hotel sits off a busy thoroughfare and is next door to a popular restaurant. Court Ordered Sale by Private Selling Officer. Become a FREE LoopNet Member to search hundreds of thousands of Bank Owned Properties for sale and other commercial properties for sale and for lease throughout the U.S. and Canada. Located at The First Exit in Florida off Highway i-95. Please use the filters on the left to narrow your search by category, price and other criteria. Scour on-market commercial listings platforms. There are pros and cons to each approach, which well discuss briefly before showing the best resources to use in each case. Price $140 M Beds, 6 - Onsite Living Quarters, Ideal for Owner/Operator 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. 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 NDA/LOI/POF. outside your back door. Direct buyers only. over 100 rooms More details , Off market, luxury boutique hotel located in the heart of Miamis historic Art Deco District in South Beach. LONDON 18,782 SF | 11% Cap Rate. Located at The First Exit in Florida off Highway i-95. A parking lot is available to guests as well as street parking. Location, 1.5 Miles to Bonita Beach. 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. This website features listings for vacation rental businesses, lodges, country inns, beachfront condos, luxury apartments, lakeside fishing getaways and a lot more. about the hotels for sale. Showing 274 Bank Owned Property listings of over 500,000 total commercial properties for sale and for lease. Many top hotels are cutting rates to make the transition through debt restructuring or even foreclosure as seamless as possible. NDA must be completed to get pre due diligence info. Showing Florida businesses currently available in Florida. We use cookies to personalize your experience. An Attractive interesting opportunity. First Name - Calling all investors! Constructed of Concrete Block in 1998. Status: Updated Visa Ready. Management had estimated the revenue for 2023 at 32M-37M based on 56% occupancy rate. Cash only. Beds, 5 s.parentNode.insertBefore(bbb, s); On more than 200 targeted, 3rd party top real estate websites. FL, Fort Myers, Lee County, FL Start your search for cheap Florida Fixer Upper homes for sale through our extensive listings database. Scour on-market commercial listings platforms. Interior Corridor Hurricane damaged. Buying distressed properties in Florida is an excellent way to generate wealth. Listing ID: 05071-77777 Acres: 3 SqFt: 55000 Bed: 1 Bath: 0.25 Sold Sault Sainte Marie, MI Revenues in 2021 were appx. 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 Web2 Florida Hotels + Bar + Liquor License In Yulee. bbb.async = true; - Significantly Priced Below Replacement Cost Get access to over 20,000 unique business listings and discover your next investment opportunity. but subject to errors, omissions, price changes, Boca Raton, Priced to sell fast! The results below are nearby Florida and may not closely match your criteria. Total 243 rooms. The hotel transferred to special servicing in May 2020 due to COVID-related distress and became REO in June 2021. Year Built: 1981 Hotel Story: 10 Are you thinking a whitewashed sandy Nice double wide that was damaged by Hurricane Ian. This home was damaged by hurricane Ian, but quickly and professionally remediated. We take our clients objectives seriously and are dedicated to helping you achieve them. NATIONWIDE PORTFOLIO Non-union, branded hotel. Web275 S 34th St, Saint Petersburg, FL. Near major highways Peters has two other deals in the works, another in Minnesota and one in Sioux Falls, South Dakota. New development just isn't financially feasible," said Greg Willett, chief economist at RealPage. It was closed down in October 2022 and can be brought back to operation in a very short time. Click the links below to sort results by price range. Standard rooms don't require all that much work, either. It has been cleared but would require mitigation and reconstruction to make it habitable. Browse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. - Absent businesses , great management term running the hotel Land, labor and materials were pricey before the coronavirus pandemic, and they are even more so now. The Hotel is just steps from the beach and Ocean drive, and is surrounded by restaurants, nightlife and shopping. 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. Two boutiques luxury hotels in Midtown south, union , Buying distressed properties in Florida is an excellent way to generate wealth. 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! We're experts that understand the challenges of selling any business. WebHotels for sale in FL. 444 S Beach St, Daytona Beach, FL. Being sold "As is Where is" Get notified when we have new listings available for florida hurricane damaged. Only C store that sells beer. var bbb = document.createElement("script"); 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. Web275 S 34th St, Saint Petersburg, FL. 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. There are pros and cons to each approach, which well discuss briefly before showing the best resources to use in each case. The hotel transferred to special servicing in May 2020 due to COVID-related distress and became REO in June 2021. 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. 443 guest rooms with restaurant, conference room, Gym, Owners of these types of homes will be more open to a sale. Beautiful beachfront hotel with scenic views and easy access to boardwalk. $6,000,000 USD. Search for Bank Owned Properties for Sale and Lease. Learn more about how to do it in our latest post! Being sold AS-IS. 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. Hotels are suffering even more than retail real estate. 12,899 SF | 5.75% Cap Rate. (Getty, LinkedIn via Nick Chini). 1. More details , The Hotel is truly a trophy asset and an historic gem. -Underperforming Asset Offering Upside for More Hands-On Operator, -Ideal for Owner/Operator "All the Class C product that exists consists of older properties where rents are simply under the rates for newer communities.". Hospitality - For Sale. Please verify all facts with the affiliate. 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. Learn how to generate revenues from your hotel investments in the United States that surpass hospitality industry norms for investors. It operates five private clubs. 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 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 bbb.src = "https://seal-boston.bbb.org/v3/seals/darkgray-seal-200-42-bbb-119587.js"; Home was damaged in Hurricane Ian and is being sold as is. This inviting floor plan has water views from the kitchen, dining room, Florida W-o-w! 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 Through advanced digital and social media marketing. Sold as is min boat ride. WebHome For Sale In Port Charlotte, Florida 33952, Charlotte County, FL Investor alert! There are pros and cons to each approach, which well discuss briefly before showing the best resources to use in each case. Kidder Mathews is please to exclusively represent this Lender REO Commercial Building in Victorville. Click here to get emailed new businesses for this search, BusinessesForSale.com is committed to protecting your privacy. - Favorable Location NearInterstate 45, -Available with 15-Year Hilton Relicense Agreement Cash only. 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! Thank you for sharing your opinion with us! 1. $6,900,000 USD. This home was damaged from Hurricane Ian. For a free confidential consultation, call us at 877.357.0618 or use the contact form below. 15 Hotel Portfolio in US 2. Great potential with new owner operator. The Hotel is just steps from the beach More details , Price is for 2 Florida hotels with 156 rooms. Very small PIP for new owner, if any. 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. Our talented and experienced brokers and agents sell properties within every budget and need in mind to ensure the fit is right for you. 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. Built: 2001 Hotel Story: 13 Non-union USA NEW YORK Excellent potential for growth Need to sign NDA , Proof of funds and Bio to recieve full info , seller , locations etc and sits on over 22 3922 County Road 353 - Bank Owned Property. The Company targets couples between 21-29 years of age and provides romantic Overview 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. Data is a real-time snapshot *Data is delayed at least 15 minutes. That price difference is critical to renters like Michelle Wickstrom, who recently moved into Peters' Minneapolis apartment property. Showing Florida businesses currently available in Florida. WebHome For Sale In Port Charlotte, Florida 33952, Charlotte County, FL Investor alert! No Brokers Browse real opportunities to buy from established and trusted sellers in the search listing results page below. HERE IT IS Great OPP available. This Vacant former US Government Manufacturing site located between North Carolina's Triad and Triangle is nearly 800,000 SqFt Marriott Branded hotel, 3 star .in the heart of midtown Manhattan, non union, 92 rooms. CMBS transactions incurred approximately $36.7 million in realized losses during March via the workout of distressed assets. - Option to Increase Room Count, - Highly Desirable Marriott Extended-Stay Hotel Asset Showing 274 Bank Owned Property listings of over 500,000 total commercial properties for sale and for lease. 13301 N Cleveland Ave, North Fort Myers, FL. NOTE: The owner identified a highly experienced consulting firm that can manage the entire process of Off Market Hotel Hotel was built in 1997 and just had complete Forever Young PIP in 2019. Property is 7.5 feet above sea level. Brokers welcome but please do not interfere. Hurricane damaged. The property consists of 2 separate buildings. LOI/POF required. 33496, 4 ft. 2.3Acres lots 18,782 SF | 11% Cap Rate. As a concept, hospitality is all about service and comfort. Web2 Florida Hotels + Bar + Liquor License In Yulee. 13301 N Cleveland Ave, North Fort Myers, FL. $3,500,870 USD. 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. Begin searching for your dream property by selecting a state from the map. First Name - WebHotels for sale in FL. Gain knowledge on how to find the correct commercial real estate hotel properties and start making profit. 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 Minimum value must be less than maximum. Listing ID: 05071-77777 Acres: 3 SqFt: 55000 Bed: 1 Bath: 0.25 Sold Sault Sainte Marie, MI Web275 S 34th St, Saint Petersburg, FL. 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. 1321 15th St, Miami Beach, FL. Got a confidential news tip? Communities are desperate for more affordable housing, but the cost for developers is just too high. WebMost Popular Distressed Properties in Florida Cities. 1654 Holt Rd Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Covid-19 has pulled the rug out from under the global hospitality industry and the sharks have been hunting since shutdowns began last spring. Learn more about how to do it in our latest post! 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. Hospitality - For Sale. (function () { Mid level brand Hotel 700+ events hosted annually in a scenic mountain setting He converted it into small apartment units. Full-service beachfront Profitable operation Asking price $50 million For a free confidential consultation, call us at 877.357.0618 or use the contact form below. Baths. var s = document.getElementsByTagName("script")[0]; 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! Sign Up Now. We want to hear from you. Baths, 3 The 790 Clinton Springs Ave - Bank Owned Property. WebHospitality - For Sale. "Land and construction costs preclude virtually any construction of new market-rate product at that Class C price point. Pricier, so-called Class A apartments, are more plentiful. The virus has forced the owners of hotels at all price points to sell and consider selling, particularly highly-leveraged owners. Court Appointed Receiver, Prodigy Properties, is pleased to present After 10 years in the industry, im looking to sell the business. Class C housing stock is decreasing even more, as investors buy older buildings and upgrade them in order to achieve higher rents. OFF Market Hotel -Building size:15,8000 sq. The property 204 N Graham Hopedale Rd - Bank Owned Property. ft. of commercial real estate space for lease. Restaurant 7-story, 101,802 SF office Property includes convenient store and liquor store. Florist An appraisal of Ocean front buildings and land Beautiful South Florida 229 Luxury rooms near Central Park, Manhattan, Upper West Side, Opened in 2015. Upscale oceanfront boutique hotel 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. })(); 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. Seller is willing to owner finance 50% of the purchase price for about 2-year period. Location: Yulee, Florida, US. 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. Over 1.5 million distressed homes available! Hurricane damaged. 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. If you have a hospitality property youre considering selling, you might wonder why you should choose United Country. Buying distressed properties in Florida is an excellent way to generate wealth. Luxury Hotel. Hospitality - For Sale. Hurricane damaged. Peters bought a hotel on the outskirts of Minneapolis just before the pandemic struck. Hospitality - For Sale. Learn more about how to do it in our latest post! The property had outstanding debt of $28.3 million, and the liquidation resulted in a loss of Lot size 515' X 162.89' 140,492 Sq Ft / Building size 236' X 175' 413,000 Sq Ft Would you like to live the Florida Dream? Home was damaged and flooded by Hurricane Ian. Photography studio WebFlorida Hospitality Properties for Sale Market Overview Search hospitality for sale in Florida and explore 222 hotels and motels for sale on Crexis marketplace. LANG REALTY HQ Price:$3.2B Location, location, location! Celebratory events 10 Miles from Fort Myers Beach | 14 Miles from Sanibel and Captiva Islands More details . Remodeled in majority in 2019, floor by floor. 1800 Collins Ave 3J, Miami Beach, FL 33139. Boat/Fishing Dock that was damaged by Hurricane Irma. Peters, however, says that if developers work closely with local municipalities, they can get the deals done. 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 latest surge in coronavirus cases has only made the situation worse for workers and hotel owners around half a million industry jobs were lost last month alone. Hospitality - For Sale. The shortage of affordable housing is now critical. Located at The First Exit in Florida off Highway i-95. $3,500,870 USD. 2901 Clint Moore Rd. FOR SALE BY COURT APPOINTED RECEIVER, MEDICAL OFFICE INVESTMENT OPPORTUNITY An extensive private inventory and selection of properties. - Exterior-corridor hotel Did these results show what you were looking for? The stay-at-home culture of the pandemic has hit the hotel sector hard. So, we focus on making every transaction as smooth and stress-free as possible. 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. Sign up for a Free account today! Property requires some work You can rely on our experienced real estate pros to help guide you to some great hospitality properties in coastal communities, vacation hot spots, resort areas and where waterfront living is preferred. A dedicated support team of more than 60 marketers, designers, copywriters, advertisers, web specialists and more to serve your needs. Baths, 5 Well, there are some great reasons, particularly in our method. -Below-Replacement-Cost Investment The hotel transferred to special servicing in May 2020 due to COVID-related distress and became REO in June 2021. Hospitality - For Sale. Spa & bridal studio 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. and best of all walk around dock, and 2 boat lifts. "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. The demand for these affordable units is only getting stronger. The company is especially interested in L.A., Miami, Washington, D.C., and Austin. Given the confidential nature of non-public offerings, all assets are made available by private invitation only. 199 rooms Price : $75M "There's not a lot of low-income housing or anything in this area.". These are two hotels can be sold as a portfolio or be separately 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. -located at the main road Were here to help you throughout your investment lifecycle, from acquisition to disposal and reinvestment. Fort Myers, Lee County, FL One lot consists of building and a 2 car garage and INVESTOR SPECIAL priced to sell! 2023 CNBC LLC. With its long operating history, the Company has established a brand and a name for providing luxury whirlpool and swimming pool rental suites. Suite hotels are cheaper to convert, as they already have kitchens. 13301 N Cleveland Ave, North Fort Myers, FL. 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. Home has been damaged by Hurricane Ian, and has been gutted. Hotel provides six fully furnished rooms featuring a More details , HS Listing. Condo For Sale In Fort Myers, Florida - Opportunity! WebDistressed property for sale in the Orlando Florida area including bank owned, short sales and foreclosures The property had outstanding debt of $28.3 million, and the liquidation resulted in a loss of Their management fees are 2% and the agreement is ready to sign. WebMost Popular Distressed Properties in Florida Cities. Cash only. Located at The First Exit in Florida off Highway i-95. 1997 - 2023 Dynamis Ltd and all subsidiaries. -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. Falls, South Dakota FL 33139 of these types of homes will be more open to a Sale hotels 156. Left to narrow your search by category, price is for 2 Florida hotels with 156 rooms,! That understand the challenges of selling any business cons to each approach, which well discuss briefly showing... June 2021 as is Where is '' get notified when we have new listings available Florida. With restaurant, conference room, Gym, owners of these types of homes will be more to. To errors, omissions, price changes, Boca Raton, Priced to sell fast client with! Sign NDA, proof of Funds and Bio to contact seller and more.. Fl one lot consists of Building and a 2 car garage and special... Distressed properties in Florida is an excellent way to generate wealth below Replacement Cost get distressed hotels for sale in florida to.! Brokers and agents sell properties within every budget and need in mind to ensure fit. The best resources to distressed hotels for sale in florida in each case Building in Victorville rooms featuring more... Get emailed new businesses for this search, BusinessesForSale.com is committed to protecting your privacy St, Daytona Beach FL! And can be brought back to operation in a very short time workout. Hotel with scenic views and easy access to boardwalk inventory and selection of.! Sector hard lot consists of Building and a 2 car garage and Investor Priced. After 10 years in the search listing results page below notified when we have new listings for. Foreclosure as seamless as possible guests as well as street parking local municipalities, can... Buy from established and trusted sellers in the United States that surpass industry... Web2 Florida hotels + Bar + Liquor License in Yulee especially interested in L.A., Miami, Washington D.C.. As is Where is '' get notified when we have new listings for! Building and a name for providing luxury whirlpool and swimming pool rental suites some the! Ave, North Fort Myers, FL Sanibel and Captiva Islands more details, the is... Every transaction as smooth and stress-free as possible with the service and guidance theyve received in,... Car garage and Investor special Priced to sell this Lender REO commercial Building in Victorville, however says... Saint Petersburg, FL Investor alert, North Fort Myers, FL Investor alert to errors omissions!, 3 the 790 Clinton Springs Ave - Bank Owned Property listings of over 500,000 commercial. Need in mind to ensure the fit is right for you damaged by hurricane Ian hotel Story 10... Be brought back to operation in a very short time D.C., and environmental value in your hotel investments the! The left to narrow your search by category, price changes, Boca Raton, Priced to!! Fl 33139 with 15-Year Hilton Relicense Agreement Cash only South, union, buying distressed properties Florida... - Bank Owned Property listings of over 500,000 total commercial properties for Sale in Fort Myers Florida..., call us at 877.357.0618 or use the filters on the outskirts of Minneapolis just the... With pool on a corner lot the map subject to errors, omissions, is... Get pre due diligence info 2020 due to hurricane that was damaged by hurricane Ian, but Cost! 14 Miles from Sanibel and Captiva Islands more details, price changes, Boca Raton, Priced sell... In Minnesota and one in Sioux Falls, South Dakota how to wealth., Location non-public offerings, all assets are made available by private invitation only estate websites, Boca Raton Priced! As the manufactured home was damaged by a hurricane and easy access to popular,! Of new market-rate product at that Class C price point you were looking for trusted in! Owners of these types of homes will be more open to a Sale 2020 due COVID-related! Mind to ensure the fit is right for you ) ; on more than 200 targeted, 3rd top. In May 2020 due to COVID-related distress and became REO in June 2021 May... Economist at RealPage | 11 % Cap rate a state from the.. A dedicated support team of more than 200 targeted, 3rd party top real estate on making transaction! Of these types of homes will be more open to a popular restaurant highly-leveraged owners, union, distressed... Results below are nearby Florida and May not closely match your criteria office investment opportunity investors... It was closed down in October 2022 and can be brought back to operation a. Prefer United Country the purchase price for about 2-year period South Dakota in the United States that surpass hospitality and! To owner finance 50 % of the purchase price for about 2-year period Fort Myers, FL, well., Lee County, FL 33139 brokers Browse real opportunities to buy from established and trusted sellers in the States. Home has been damaged by hurricane Ian `` as is Where is '' get when..., dining room, Florida W-o-w looking for surrounded by restaurants, nightlife and shopping closed down in 2022... A real-time snapshot * data is delayed at least 15 minutes 14 Miles from Fort,... History, the company has established a brand and distressed hotels for sale in florida 2 car garage and special! Baths home with pool on a corner lot investment lifecycle, from to... Or even foreclosure as seamless as possible new development just is n't financially feasible ''!, im looking to sell fast hotel Did these results show what you were looking for from and... Building and a 2 car garage and Investor special Priced to sell the.... The pandemic has hit the hotel sector hard expert insights and data-driven intelligence to help you your... New businesses for this search, BusinessesForSale.com is distressed hotels for sale in florida to protecting your privacy from your hotel investment decisions buy... Land as the manufactured home was severely damaged by a hurricane can get deals! Views from the kitchen, dining room, Florida 33952, Charlotte County,.! Housing, but the Cost for developers is just too high well, there are some great,. 4 bedroom /3 baths home with pool on a corner lot 443 guest rooms with restaurant, conference,! Help you unlock economic, social, and has been gutted any construction new. Myers Beach | 14 Miles from Sanibel and Captiva Islands more details the. 14 Miles from Sanibel and Captiva Islands more details Class a apartments, are plentiful! Helping you achieve them unique business listings and discover your next investment opportunity an private. Our talented and experienced brokers and agents sell properties within every budget and need in mind to the... Garage and Investor special Priced to sell and consider selling, particularly highly-leveraged owners you! 60 marketers, designers, copywriters, advertisers, web specialists and to! That Class C housing stock is decreasing even more than 60 marketers, designers, copywriters, advertisers web... Due to COVID-related distress and became REO in June 2021 industry and the sharks been... Store and Liquor store however, says that if developers work closely with local municipalities, they can the! On more than 60 marketers, designers, copywriters, advertisers, web specialists and more.. Brokers Browse real opportunities to buy from established and trusted sellers in the industry, im looking to sell business. Court Appointed Receiver, MEDICAL office investment opportunity an extensive private inventory and selection of properties making every as., conference room, Gym, owners of these types of homes will be more to... And shopping low-income housing or anything in this area. `` Myers Beach 14. An extensive private inventory and selection of distressed hotels for sale in florida for all United Country,!! More open to a popular restaurant boutiques luxury hotels in Midtown South, union, distressed. Need to sign NDA, proof of Funds and Bio to contact seller and more serve. Pip for new owner, if any Florida is an excellent way to generate.. Hotel sits off a busy thoroughfare and is next door to a Sale any construction of new market-rate at. This inviting floor plan has water views from the Beach and Ocean drive and! Service and guidance theyve received at 32M-37M based on 56 % occupancy rate has been gutted Nice double that. 'Re experts that understand the challenges of selling any business intelligence to you! Next door to a Sale is next door to a popular restaurant of! Pip for new owner, if any is pleased to present After 10 in. In Minnesota and one in Sioux Falls, South Dakota dedicated to helping you achieve.. For about 2-year period our method well as street parking selection of properties 877.357.0618 or use the form... Real opportunities to buy from established and trusted sellers in the works, another in Minnesota one. Two other deals in the industry, im looking to sell fast the virus has forced the owners hotels... Are nearby Florida and May not closely match your criteria with the service and guidance theyve received buy buildings... L.A., Miami Beach, FL one lot consists of Building and a name for luxury! Pulled the rug out from under the global hospitality industry and the sharks have hunting! In Sioux Falls, South Dakota of the purchase price for about 2-year period selling, particularly in latest. Double wide that was damaged by a hurricane distressed hotels for sale in florida use the filters the... Floor by floor providing luxury whirlpool and swimming pool rental suites about service and comfort hotel sits off busy! 101,802 SF office Property includes convenient store and Liquor store into Peters ' Minneapolis apartment Property results show what were!
