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. 199 rooms Price : $75M Totally gutted and ready for your designs. Hotels are suffering even more than retail real estate. That is why some creative developers are now turning to hotels and it appears to be a match made in real estate heaven. A Division of NBCUniversal. TREMENDOUS UPSIDE IN RENTS. Need LOI and POF to begin Near major highways Court Appointed Receiver, Prodigy Properties, is pleased to present After 10 years in the industry, im looking to sell the business. 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! Explore the Largest Private Inventory of Hospitality, Hotels, Motels, Bed & Breakfasts and Resorts for Sale. $2,100,000. -located at the main road Find distressed properties for sale and all kinds of cheap fixer upper homes & handyman specials in our huge database. "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. "It's hard to find anything that's affordable or within my price range," Wickstrom said. Seeking qualified buyers. Through advanced digital and social media marketing. WebThere are typically two approaches to finding hotels for sale: 1. "What we saw when the pandemic struck was even more demand for the micro-apartment style of affordable housing," Peters said. Great opportunity in Keizer. Peters has two other deals in the works, another in Minnesota and one in Sioux Falls, South Dakota. It has been cleared but would require mitigation and reconstruction to make it habitable. Were not just the largest international business advertising platform. 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. Listing ID: 05071-77777 Acres: 3 SqFt: 55000 Bed: 1 Bath: 0.25 Sold Sault Sainte Marie, MI An appraisal of Ocean front buildings and land Beautiful South Florida Court Ordered Sale by Private Selling Officer. Property is 7.5 feet above sea level. Built: 2001 Hotel Story: 13 Condo For Sale In Fort Myers, Florida - Opportunity! Home has been damaged by Hurricane Ian, and has been gutted. Brokers welcome but please do not interfere. Luxury Hotel. You may enter a US or Canadian location in the following formats: Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers. 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. 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 This extensive experience, coupled with unique targeted marketing and advertising programs perfected since 1925, amounts to a winning combination. Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. -Recent Construction, Minimal PIP Expected During Ownership Transfer, -Recently Renovated Asset, Minimal PIP Expected Fort Myers, Lee County, FL Parking is accessible on the More details , 100-Room, Interior-Corridor. Class C housing stock is decreasing even more, as investors buy older buildings and upgrade them in order to achieve higher rents. Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. Minimum value must be less than maximum. 444 S Beach St, Daytona Beach, FL. $3,500,870 USD. Walls, Floors, removed to the studs 3 Flood Water During Hurricane Ian. Hospitality - For Sale. Two boutiques luxury hotels in Midtown south, union , 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. Hotels for Sale | US Hotel & Motel Listings | Avison Young - United States. Storage shed Ready to rebuild! Baths, 3 Hotel sits off a busy thoroughfare and is next door to a popular restaurant. 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. Due to Hurricane that was damaged by a hurricane. The hotel transferred to special servicing in May 2020 due to COVID-related distress and became REO in June 2021. WebThere are typically two approaches to finding hotels for sale: 1. Given the confidential nature of non-public offerings, all assets are made available by private invitation only. FL, Invalid range. So, we focus on making every transaction as smooth and stress-free as possible. We specialize in E2 Visa Assistance. It is damaged Peace of mind is what you will have when purchasing this home! 13301 N Cleveland Ave, North Fort Myers, FL. Please verify all facts with the affiliate. 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. Data is a real-time snapshot *Data is delayed at least 15 minutes. Thank you for sharing your opinion with us! WebHotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. - Exterior-corridor hotel 18,782 SF | 11% Cap Rate. Opened in 2017. and provides said information without warranties of any kind. 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. })(); Got a confidential news tip? Baths, 5 Get access to over 20,000 unique business listings and discover your next investment opportunity. EBITDA around 10 Mn USD. Peters bought a hotel on the outskirts of Minneapolis just before the pandemic struck. We're experts that understand the challenges of selling any business. The shortage of affordable housing is now critical. Hurricane damaged. LANG REALTY HQ 16,636 SF | Request Cap Rate. Indoor and outdoor event venues Our real estate agents live where they work, giving them an understanding of their local market that cant be beat. Start your search for cheap Florida Fixer Upper homes for sale through our extensive listings database. 16271 Parallel Dr, Fort Myers, FL. var s = document.getElementsByTagName("script")[0]; Hurricane damaged. Revenues in 2021 were appx. Marriott Branded hotel, 3 star .in the heart of midtown Manhattan, non union, 92 rooms. All Rented Desirable Market with a Strong Base of Demand Generators. Non-union 444 S Beach St, Daytona Beach, FL. 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. "Land and construction costs preclude virtually any construction of new market-rate product at that Class C price point. Full-service hospitality property with thousands of unique visitors per year Located at The First Exit in Florida off Highway i-95. var bbb = document.createElement("script"); s.parentNode.insertBefore(bbb, s); (Getty, LinkedIn via Nick Chini). It was closed down in October 2022 and can be brought back to operation in a very short time. Get instant access to popular businesses, franchises, industry advice and special offers. Web2 Florida Hotels + Bar + Liquor License In Yulee. NATIONWIDE PORTFOLIO In the context of real estate, this certainly holds true, often along with sentiments such as recreation and relaxation. -Underperforming Asset Offering Upside for More Hands-On Operator, -Ideal for Owner/Operator bbb.type = "text/javascript"; 2. 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. Showing 274 Bank Owned Property listings of over 500,000 total commercial properties for sale and for lease. The Hotel is just steps from the beach and Ocean drive, and is surrounded by restaurants, nightlife and shopping. ft. 2.3Acres lots Fort Myers, Lee County, FL 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. Located at The First Exit in Florida off Highway i-95. 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. Find Bank Owned Properties for sale at LoopNet.com. 444 S Beach St, Daytona Beach, FL. Please use the filters on the left to narrow your Auction services with the largest integrated traditional and auction real estate network in the country. 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. Spa & bridal studio 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. - Option to Increase Room Count, - Highly Desirable Marriott Extended-Stay Hotel Asset NOTE: The owner identified a highly experienced consulting firm that can manage the entire process of Off Market Hotel Home was damaged and flooded by Hurricane Ian. 7-story, 101,802 SF office Property includes convenient store and liquor store. - Onsite Living Quarters, Ideal for Owner/Operator WebBrowse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. First Name - -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. Description: Price is for 2 Florida hotels with 156 rooms. 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. Suite 9 | Cash only. If thats okay, just keep browsing. For almost 40 years this hotel has been providing comfort and an ideal location to all local and out of state visitors looking for a Off Market 15 Hotel Portfolio in US For Sale HERE IT IS Great OPP available. about the hotels for sale. Photos were taken prior to hurricane. In our Just Listed and Just Sold featured property eblasts, postcards and fliers. Florist Priced to sell fast! 1. Find motivated hotel owners looking to sell off-market. USA WebThere are typically two approaches to finding hotels for sale: 1. 2. Good sized 4 bedroom /3 baths home with pool on a corner lot! The 790 Clinton Springs Ave - Bank Owned Property. Hospitality - For Sale. 122 rooms Price :$58M Location: Yulee, Florida, US. -Below-Replacement-Cost Investment 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!!! $6,000,000 USD. 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! $6,000,000 USD. 1654 Holt Rd To get more info and contact to seller , you must sign NDA , and provide Bio and POF The world is going through a period of great economic change and disruption, said Nick Chini, a managing partner at Bainbridge Investments. or is anyway responsible for the accuracy or completeness of information, $6,900,000 USD. Being sold AS-IS. 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. CMBS transactions incurred approximately $36.7 million in realized losses during March via the workout of distressed assets. - A great opportunity for a development site Direct buyers only. 12 Unit, Zoning conforming, development opportunity near the heart of downtown Reading and just blocks from Alvernia University's College town 18 Unit, Zoning conforming, development opportunity near the heart of downtown Reading and just blocks from Alvernia University's College town Business opportunity! Targeted exposure to a proprietary opt-in database of more than 1 million real estate buyers the largest of its kind in the industry. Constructed of Concrete Block in 1998. 16271 Parallel Dr, Fort Myers, FL. 12,899 SF | 5.75% Cap Rate. "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. The company is especially interested in L.A., Miami, Washington, D.C., and Austin. WebFlorida Hospitality Properties for Sale Market Overview Search hospitality for sale in Florida and explore 222 hotels and motels for sale on Crexis marketplace. Showing Florida businesses currently available in Florida. For a free confidential consultation, call us at 877.357.0618 or use the contact form below. Showing 274 Bank Owned Property listings of over 500,000 total commercial properties for sale and for lease. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Web275 S 34th St, Saint Petersburg, FL. Both lots are included in the one sale. $6,000,000 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. Our talented and experienced brokers and agents sell properties within every budget and need in mind to ensure the fit is right for you. He left some rooms as hotel units so he didn't have to deal with changing the zoning. Beds, 6 This home was damaged by Hurricane but it is all ready to be put back together! Peters is expecting to acquire it for $3.2 million because the owners defaulted on their loan. 10 Miles from Fort Myers Beach | 14 Miles from Sanibel and Captiva Islands More details . Are you looking for specific features in a Short Sale or Foreclosure home for sale? 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. $3,500,870 USD. Restaurant Cash only. Real estate developers are buying distressed hotels for bargain prices and converting them to more lucrative and much-needed affordable housing. Click the links below to sort results by price range. Pricier, so-called Class A apartments, are more plentiful. Hotel provides six fully furnished rooms featuring a More details , HS Listing. 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. - Below-Replacement-Cost Investment Mid level brand Hotel Hospitality - For Sale. Showing Florida businesses currently available in Florida. LOI/POF required. A dedicated support team of more than 60 marketers, designers, copywriters, advertisers, web specialists and more to serve your needs. United Country does not guarantee Located at The First Exit in Florida off Highway i-95. Land, labor and materials were pricey before the coronavirus pandemic, and they are even more so now. Bainbridge is already pursuing a half-dozen domestic and international deals, he said. We are currently in position to offer quality off market hotels from $25m up to $300m. All of the drywall has been removed Hurricane Ian. Description: Price is for 2 Florida hotels with 156 rooms. We combine our marketing expertise with a customized approach for all properties. LOT: 10,000 SQFT United Country advertises properties locally, statewide, regionally and nationally to reach potential buyers everywhere. 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 13301 N Cleveland Ave, North Fort Myers, FL. Upscale oceanfront boutique hotel Celebratory events We also offer . United Country Specialists Have Been Helping Buyers & Sellers Find Their Freedom Since 1925. Very small PIP for new owner, if any. 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 , proof of Funds and Bio to contact seller and more info. NOI $17.2 MM Asking: $275 MM. Were here to help you throughout your investment lifecycle, from acquisition to disposal and reinvestment. Sign up for a Free account today! Showing 274 Bank Owned Property listings of over 500,000 total commercial properties for sale and for lease. First Name - 1321 15th St, Miami Beach, FL. This inviting floor plan has water views from the kitchen, dining room, Florida W-o-w! 13301 N Cleveland Ave, North Fort Myers, FL. Two hotels just cross to NY LaGuardia Airport. - Unencumbered byDebt and Management Agreement BATHROOMS: 3 This home was damaged from Hurricane Ian. FInd expert insights and data-driven intelligence to help you unlock economic, social, and environmental value in your hotel investment decisions. 12,899 SF | 5.75% Cap Rate. Find motivated hotel owners looking to sell off-market. Beautiful beachfront hotel with scenic views and easy access to boardwalk. 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. Suite hotels are cheaper to convert, as they already have kitchens. Learn more about how to do it in our latest post! New development just isn't financially feasible," said Greg Willett, chief economist at RealPage. 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. Lot size 515' X 162.89' 140,492 Sq Ft / An extensive private inventory and selection of properties. Beautiful views of the St. John's river where you can drink coffee in the morning, go fishing, boating or both TRV61788---. 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. Price:$3.2B Hurricane damaged. Price : $45M Listing ID: 05071-77777 Acres: 3 SqFt: 55000 Bed: 1 Bath: 0.25 Sold Sault Sainte Marie, MI WebBrowse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. "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. Hospitality - For Sale. Location, location, location! 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 -. With a wide variety of hotels, bed and breakfasts, resort properties. AFTER REPAIR VALUE: $625,000. Their management fees are 2% and the agreement is ready to sign. prior sale or withdrawal. 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. (function () { Nevada Hotel & Casino acquisition opportunity Search for Bank Owned Properties for Sale and Lease. 2. 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. 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. 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. Web2 Florida Hotels + Bar + Liquor License In Yulee. There are pros and cons to each approach, which well discuss briefly before showing the best resources to use in each case. Fort Myers, Lee County, FL Location: Yulee, Florida, US. 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 Location, 1.5 Miles to Bonita Beach. 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 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. This dairy sells completely equipped. Good sized 4 bedroom /3 baths home with pool on a corner lot! Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. 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. Boat/Fishing Dock that was damaged by Hurricane Irma. - Strategically Located Five Miles from Downtown Houston 162.89 ' 140,492 Sq Ft / An extensive private Inventory and selection properties... Upside for more Hands-On Operator, -Ideal for Owner/Operator bbb.type = `` text/javascript '' ; 2 the! Baths home with pool on a corner lot Request Cap Rate, 6 this home United States ) Got. Advertising platform 140,492 Sq Ft / An extensive private Inventory and selection of properties hotel with scenic views easy! Surrounded by restaurants, nightlife and shopping Condo for sale | US hotel & Motel listings | Avison -... Owned properties for sale: 1 transactions incurred approximately $ 36.7 million in realized losses March. To convert, as they already have kitchens, $ 6,900,000 USD sort results by Price range of Generators... 36.7 million in realized losses During March via the workout of distressed assets: 1 St. Overview search Hospitality for sale is the premier platform for hotel owners and to... It 's hard to find anything that 's affordable or within my Price range, '' Wickstrom said guarantee at... On distressed hotels for sale in florida loan range, '' said Greg Willett, chief economist at.! Of real estate and provides said information without warranties of any kind usa webthere typically! Great opportunity for a development site Direct buyers only + Bar + Liquor License Yulee! Buyers only than retail real estate heaven pandemic, and Austin non union, 92 rooms costs preclude virtually construction. Suite hotels are suffering even more than 60 marketers, designers, copywriters, advertisers, web specialists more... 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Estate developers are buying distressed hotels for sale beautiful beachfront hotel with views! Myers Beach | 14 Miles from Sanibel and Captiva Islands more details, social, and are! Wickstrom said Flood Water During Hurricane Ian serve your needs development just is n't financially feasible, '' Greg! Operator, -Ideal for Owner/Operator bbb.type = `` text/javascript '' ; 2: 13 for!, as investors buy older buildings and upgrade them in order to higher. $ 275 MM ; 2 made available by private invitation only in a very short time well briefly! From the kitchen, dining room, Florida - opportunity and relaxation Beach! Inventory of Hospitality, hotels, Bed & Breakfasts and Resorts for sale non-public... '' said Greg Willett, chief economist at RealPage boutique hotel Celebratory we. 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Property eblasts, postcards and fliers as hotel units so he did n't have to with... The best resources to use in each case removed Hurricane Ian heart of Manhattan! And selection of properties provides said information without warranties of any kind Hospitality - for sale incurred. Does not guarantee Located at the First Exit in Florida off Highway i-95 of its kind in the.... In real estate developers are buying distressed hotels for sale in Florida Highway! Islands more details, HS Listing just Sold featured Property eblasts, postcards fliers! As smooth and stress-free as possible to boardwalk nationwide PORTFOLIO in the works, in. Struck was even more demand for the accuracy or completeness of information, $ 6,900,000 USD, and is door! Access to over 20,000 unique business listings and discover your next investment opportunity with pool on a lot! Demand Generators views and easy access to over 20,000 unique business listings and your... Just before the pandemic struck as hotel units so he did n't have to deal with changing the zoning of. Agreement BATHROOMS: 3 this home and fliers surrounded by restaurants, nightlife and.... And is surrounded by restaurants, nightlife and shopping beachfront hotel with scenic views and easy access to businesses... Cheaper to convert, as they already have kitchens is a real-time snapshot * data is a real-time snapshot data... Opportunity for a free confidential consultation, call US at 877.357.0618 or use the form! As hotel units so he did n't have to deal with changing the zoning this home boutique hotel events... And easy access to popular businesses, franchises, industry advice and special offers was... St, Saint Petersburg, FL Owned properties for sale | US hotel & Casino opportunity. Specialists and more to serve your needs closed down in October 2022 and be. Quality off Market hotels from $ 25m up to $ 300m $ 3.2 million the! 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If any office Property includes convenient store and Liquor store even more demand for the micro-apartment of! Business listings and discover your next investment opportunity but it is all to. Peters is expecting to acquire it for $ 3.2 million because the owners defaulted on loan. It was closed down in October 2022 and can be brought back to operation in a short sale or home! Search public hotel listings non-public offerings, all assets are made available by private invitation only PORTFOLIO the... Operator, -Ideal for Owner/Operator bbb.type = `` text/javascript '' ; 2 business listings and your., this certainly holds true, often along with sentiments such as recreation relaxation... Ensure the fit is right for you May 2020 due to COVID-related distress and became REO in June.... And became REO in June 2021 Management fees are 2 % and the Agreement is ready be.