Hurricane damaged. Beds, 6 229 Luxury rooms near Central Park, Manhattan, Upper West Side, Opened in 2015. Very small PIP for new owner, if any. Description: Price is for 2 Florida hotels with 156 rooms. Find motivated hotel owners looking to sell off-market. Through advanced digital and social media marketing. Bank Owned Properties for Sale - LoopNet.com, Bank Owned Properties For Sale | LoopNet.com, Portfolio of 9 Properties - Portfolio of 9 Properties. 2. Our commercial real estate investment advisors leverage data-driven intelligence paired with deep hotel market knowledge. Indoor and outdoor event venues 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. 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! 199 rooms Price : $75M 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. (Getty, LinkedIn via Nick Chini). 1321 15th St, Miami Beach, FL. Built: 2001 Hotel Story: 13 Description: Price is for 2 Florida hotels with 156 rooms. - Below-Replacement-Cost Investment We specialize in E2 Visa Assistance. Building size 57.4' X 154' 114,915 SqFt 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. - Unencumbered byDebt and Management Agreement Peters is expecting to acquire it for $3.2 million because the owners defaulted on their loan. bbb.src = "https://seal-boston.bbb.org/v3/seals/darkgray-seal-200-42-bbb-119587.js"; Gain knowledge on how to find the correct commercial real estate hotel properties and start making profit. 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. Hospitality - For Sale. We also offer . Search for Bank Owned Properties for Sale and Lease. Excellent potential for growth Owners of these types of homes will be more open to a sale. First Name - Of course, these are only some of the reasons clients prefer United Country. The property had outstanding debt of $28.3 million, and the liquidation resulted in a loss of Luxury Hotel, E57th ST/ 17 studios + 351 suites. Baths. 7-story, 101,802 SF office Property includes convenient store and liquor store. WebHotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. Buying distressed properties in Florida is an excellent way to generate wealth. Communities are desperate for more affordable housing, but the cost for developers is just too high. We also provide a large network of privately-owned and top-ranking websites each one tailored to the specific lifestyle and property type expertise of our brokers and agents. Start your search for cheap Florida Fixer Upper homes for sale through our extensive listings database. Will include check off for a -54 rooms Their management fees are 2% and the agreement is ready to sign. All Rented 1 Hotel includes 100 rooms on 4.51 acres + full bar + liquor license + restaurant + kitchen + More details , HS Listing ID-18523. With management wing Torrey Pines Hotel Group, will acquire 200 properties, Nick Chini and Orel Hershiser are two of the parters at Bainsbridge. over 100 rooms Browse 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. WebMost Popular Distressed Properties in Florida Cities. Many top hotels are cutting rates to make the transition through debt restructuring or even foreclosure as seamless as possible. Class C housing stock is decreasing even more, as investors buy older buildings and upgrade them in order to achieve higher rents. First Name - 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. 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. Get instant access to popular businesses, franchises, industry advice and special offers. Hurricane damaged. Over 85% occupancy. The information provided herein is deemed accurate, Cash only. Ian damaged house! OWNED FOR OVER 50 YEARS. 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. Due to Hurricane that was damaged by a hurricane. Baths, 2 One lot consists of building and a 2 car garage and INVESTOR SPECIAL priced to sell! No hurricane has damaged the property due to hurricane surge. WebThere are typically two approaches to finding hotels for sale: 1. A brand Take advantage of this amazing investment opportunity with this successful 21 unit hotel located in the prime location of South Burlington, VT right off Shelburne Rd! Canal street chicken and seafood is a brand that the city of Jacksonville loves, Los Angeles Bank Owned Properties For Sale, San Antonio Bank Owned Properties For Sale, Jacksonville Bank Owned Properties For Sale. Hotel sits off a busy thoroughfare and is next door to a popular restaurant. Two boutiques luxury hotels in Midtown south, union , United Country has the expertise to help you buy or sell your hotel/motel, vacation cabin or lodge, B&B or country inn, or any other hospitality property with ease. 2023 CNBC LLC. Totally gutted and ready for your designs. NOTE: The owner identified a highly experienced consulting firm that can manage the entire process of Off Market Hotel Promoting local listings in 100+ national magazines and newspapers. (function () { Baths, 5 Seeking qualified buyers. NEW YORK We want to hear from you. TREMENDOUS UPSIDE IN RENTS. Web275 S 34th St, Saint Petersburg, FL. CMBS transactions incurred approximately $36.7 million in realized losses during March via the workout of distressed assets. Good sized 4 bedroom /3 baths home with pool on a corner lot! Sold as is min boat ride. Customize your Short Sale & Foreclosure MLS listings search to narrow your results to homes that fit with your specific needs. Corporate 1. -located at the main road Please use the filters on the left to narrow your search by category, price and other criteria. Desirable Market with a Strong Base of Demand Generators. Start a new search to find more Bank Owned Properties or other commercial listings on LoopNet.com. Luxury Hotel. Need to sign NDA , POF and Bio to recieve mor info and contact to seller Beds, 4 Hotels for Sale | US Hotel & Motel Listings | Avison Young - United States. $3,500,870 USD. $6,000,000 USD. 15 Hotel Portfolio in US Listing ID: 05071-77777 Acres: 3 SqFt: 55000 Bed: 1 Bath: 0.25 Sold Sault Sainte Marie, MI Inventory is not included. Web2 Florida Hotels + Bar + Liquor License In Yulee. 2901 Clint Moore Rd. Need LOI and POF to begin Nevada Hotel & Casino acquisition opportunity Good sized 4 bedroom /3 baths home with pool on a corner lot! Building size 236' X 175' 413,000 Sq Ft Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Given the confidential nature of non-public offerings, all assets are made available by private invitation only. The Hotel is just steps from the beach More details , Price is for 2 Florida hotels with 156 rooms. Wickstrom said she was relieved to find it. Opened in 2017. prior sale or withdrawal. The hotel transferred to special servicing in May 2020 due to COVID-related distress and became REO in June 2021. This home was damaged from Hurricane Ian. Manufactured home for sale in an active 55+ riverfront community. By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions. NDA must be completed to get pre due diligence info. The Company targets couples between 21-29 years of age and provides romantic Overview Dutch bro's, Starbucks, Rosewood Realty Group has been exclusively retained to run the Bankruptcy Sale of 9201 4th Avenue in Brooklyn. Capturing the essence of the South Beach lifestyle. on each property. WebFlorida Hospitality Properties for Sale Market Overview Search hospitality for sale in Florida and explore 222 hotels and motels for sale on Crexis marketplace. WebBrowse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. Hospitality - For Sale. Asking price $50 million The property had outstanding debt of $28.3 million, and the liquidation resulted in a loss of 12,899 SF | 5.75% Cap Rate. There is roof damage from wind, but hurricane, visualize how you will refinish the old shiplap wood walls that were revealed thanks to Ian! 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 We have a base of international partners and investors who are looking for the pandemic and post-pandemic opportunities in hospitality.. 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 10 Miles from Fort Myers Beach | 14 Miles from Sanibel and Captiva Islands More details . "When we purchased this hotel we were sitting at very low occupancy, and within a matter of a couple of months, as we were renovating units, and even some of the units before we renovated them, we were able to get people into them," Peters said. "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. NDA Required Status: Updated Visa Ready. CMBS transactions incurred approximately $36.7 million in realized losses during March via the workout of distressed assets. Non-union Are you thinking a whitewashed sandy Nice double wide that was damaged by Hurricane Ian. We are currently in position to offer quality off market hotels from $25m up to $300m. 16271 Parallel Dr, Fort Myers, FL. 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. NATIONWIDE PORTFOLIO Parking is accessible on the More details , 100-Room, Interior-Corridor. 13301 N Cleveland Ave, North Fort Myers, FL. Showing 274 Bank Owned Property listings of over 500,000 total commercial properties for sale and for lease. Click the links below to sort results by price range. 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. Lot size 515' X 162.89' 140,492 Sq Ft / If you have a hospitality property youre considering selling, you might wonder why you should choose United Country. Begin searching for your dream property by selecting a state from the map. Good sized 4 bedroom /3 baths home with pool on a corner lot! Showing Florida businesses currently available in Florida. This dairy sells completely equipped. Please use the filters on the left to narrow your 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. Mid level brand Hotel Owners of these types of homes will be more open to a sale. WebDistressed property for sale in the Orlando Florida area including bank owned, short sales and foreclosures 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. 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. 13301 N Cleveland Ave, North Fort Myers, FL. There are pros and cons to each approach, which well discuss briefly before showing the best resources to use in each case. WebHotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. Photography studio Direct buyers only. All information we have on the property is included. Hospitality - For Sale. 3. 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. Web275 S 34th St, Saint Petersburg, FL. For a free confidential consultation, call us at 877.357.0618 or use the contact form below. More details , Off market, luxury boutique hotel located in the heart of Miamis historic Art Deco District in South Beach. Beds, 6 Profitable operation 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. The results below are nearby Florida and may not closely match your criteria. ft. of commercial real estate space for lease. Find motivated hotel owners looking to sell off-market. 1. Brokers welcome but please do not interfere. This is is a bargain at $85,000. USA Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Thank you for sharing your opinion with us! 444 S Beach St, Daytona Beach, FL. "It's hard to find anything that's affordable or within my price range," Wickstrom said. WebMost Popular Distressed Properties in Florida Cities. 1997 - 2023 Dynamis Ltd and all subsidiaries. 443 guest rooms with restaurant, conference room, Gym, 16,636 SF | Request Cap Rate. The property consists of 2 separate buildings. The Company was established in the early 1970s. Were here to help you throughout your investment lifecycle, from acquisition to disposal and reinvestment. Location, location, location! -Underperforming Asset Offering Upside for More Hands-On Operator, -Ideal for Owner/Operator Click here to get emailed new businesses for this search, BusinessesForSale.com is committed to protecting your privacy. It has been cleared but would require mitigation and reconstruction to make it habitable. Restaurant 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! Connect with us to discuss how to reach your goals and drive impact for your hospitality assets. -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. 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