distressed hotels for sale in florida

Remodeled in majority in 2019, floor by floor. Building size 57.4' X 154' 114,915 SqFt $6,000,000 USD. 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. bbb.src = "https://seal-boston.bbb.org/v3/seals/darkgray-seal-200-42-bbb-119587.js"; 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. That is why some creative developers are now turning to hotels and it appears to be a match made in real estate heaven. Data is a real-time snapshot *Data is delayed at least 15 minutes. 1321 15th St, Miami Beach, FL. 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. $6,000,000 USD. We specialize in E2 Visa Assistance. 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 Start your search for cheap Florida Fixer Upper homes for sale through our extensive listings database. United Country Specialists Have Been Helping Buyers & Sellers Find Their Freedom Since 1925. $6,900,000 USD. The stay-at-home culture of the pandemic has hit the hotel sector hard. Were not just the largest international business advertising platform. 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. 16 Distressed Hotels For Sale In The US BATHROOMS: 3 Hotels for Sale | US Hotel & Motel Listings | Avison Young - United States. 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!!! (function () { Two boutiques luxury hotels in Midtown south, union , Please use the filters on the left to narrow your With management wing Torrey Pines Hotel Group, will acquire 200 properties, Nick Chini and Orel Hershiser are two of the parters at Bainsbridge. Domino's Pizza lot nearby sold for $100,000 in year 2017 and is similar in size. Luxury Hotel. Home has been damaged by Hurricane Ian, and has been gutted. Would you like to live the Florida Dream? Our real estate agents live where they work, giving them an understanding of their local market that cant be beat. NOTE: The owner identified a highly experienced consulting firm that can manage the entire process of Off Market Hotel LOI/POF required. WebBrowse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. SQFT: 3,158 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. Good sized 4 bedroom /3 baths home with pool on a corner lot! Hospitality - For Sale. The Company was established in the early 1970s. Search for Bank Owned Properties for Sale and Lease. 1997 - 2023 Dynamis Ltd and all subsidiaries. var bbb = document.createElement("script"); WebBrowse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. 13301 N Cleveland Ave, North Fort Myers, FL. The property had outstanding debt of $28.3 million, and the liquidation resulted in a loss of The property in South Dakota had an appraised value of about $6 million in 2017. Location, 1.5 Miles to Bonita Beach. Direct buyers only. We have a base of international partners and investors who are looking for the pandemic and post-pandemic opportunities in hospitality.. Did these results show what you were looking for? Location: Yulee, Florida, US. $3,500,870 USD. First Name - Status: Updated Visa Ready. WebHotels for sale in FL. When it comes to connecting sellers of these specialty properties with buyers seeking a specific lifestyle, United Country is the top choice. Being sold AS-IS. Start a new search to find more Bank Owned Properties or other commercial listings on LoopNet.com. Priced to sell fast! Well, there are some great reasons, particularly in our method. 216 guest rooms with restaurant, conference room, Gym, 2023 CNBC LLC. 2. Showing Florida businesses currently available in Florida. Please use the filters on the left to narrow your search by category, price and other criteria. Learn more about how to do it in our latest post! - Exterior-corridor hotel - Unencumbered byDebt and Management Agreement Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. 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. If you have a hospitality property youre considering selling, you might wonder why you should choose United Country. 2023Avison Young (Canada) Inc. All rights reserved. For a free confidential consultation, call us at 877.357.0618 or use the contact form below. The company is especially interested in L.A., Miami, Washington, D.C., and Austin. Kidder Mathews is please to exclusively represent this Lender REO Commercial Building in Victorville. 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. Showing Florida businesses currently available in Florida. Boat/Fishing Dock that was damaged by Hurricane Irma. Baths, 5 Were here to help you throughout your investment lifecycle, from acquisition to disposal and reinvestment. and provides said information without warranties of any kind. United Country advertises properties locally, statewide, regionally and nationally to reach potential buyers everywhere. First Name - -. Manufactured home for sale in an active 55+ riverfront community. WebHome For Sale In Port Charlotte, Florida 33952, Charlotte County, FL Investor alert! Mid level brand Hotel To get more info and contact to seller , you must sign NDA , and provide Bio and POF $3,500,870 USD. "It's hard to find anything that's affordable or within my price range," Wickstrom said. Court Appointed Receiver, Prodigy Properties, is pleased to present After 10 years in the industry, im looking to sell the business. Franchise 138 Room Status: Updated Visa Ready. Weddings WebThere are typically two approaches to finding hotels for sale: 1. LONDON Fort Myers, Lee County, FL Browse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. -Recent Construction, Minimal PIP Expected During Ownership Transfer, -Recently Renovated Asset, Minimal PIP Expected Begin searching for your dream property by selecting a state from the map. Get instant access to popular businesses, franchises, industry advice and special offers. The property had outstanding debt of $28.3 million, and the liquidation resulted in a loss of 1. Beds, 9 Class C housing stock is decreasing even more, as investors buy older buildings and upgrade them in order to achieve higher rents. Gain knowledge on how to find the correct commercial real estate hotel properties and start making profit. Baths, 2 The world is going through a period of great economic change and disruption, said Nick Chini, a managing partner at Bainbridge Investments. WebMost Popular Distressed Properties in Florida Cities. For a free confidential consultation, call us at 877.357.0618 or use the contact form below. 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 The 790 Clinton Springs Ave - Bank Owned Property. Two hotels just cross to NY LaGuardia Airport. Capturing the essence of the South Beach lifestyle. WebHotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. 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 Home was damaged and flooded by Hurricane Ian. Click here to get emailed new businesses for this search, BusinessesForSale.com is committed to protecting your privacy. Indoor and outdoor event venues Explore the Largest Private Inventory of Hospitality, Hotels, Motels, Bed & Breakfasts and Resorts for Sale. Get this delivered to your inbox, and more info about our products and services. 16,636 SF | Request Cap Rate. 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 13301 N Cleveland Ave, North Fort Myers, FL. and best of all walk around dock, and 2 boat lifts. 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 For a free confidential consultation, call us at 877.357.0618 or use the contact form below. 16271 Parallel Dr, Fort Myers, FL. Non-union Property requires some work Hospitality - For Sale. -Underperforming Asset Offering Upside for More Hands-On Operator, -Ideal for Owner/Operator The hotel transferred to special servicing in May 2020 due to COVID-related distress and became REO in June 2021. 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! 2. Learn more about how to do it in our latest post! One lot consists of building and a 2 car garage and INVESTOR SPECIAL priced to sell! outside your back door. 2023 Roof, hurricane shutters, 2 sheds and large temporary shed under Investor alert! No hurricane has damaged the property due to hurricane surge. on each property. var s = document.getElementsByTagName("script")[0]; Full-service beachfront Many top hotels are cutting rates to make the transition through debt restructuring or even foreclosure as seamless as possible. LoopNet also attracts the largest community of commercial real estate professionals looking for Bank Owned Properties with more than 7 million members comprised of brokers, corporate executives, service providers, and more than 3 million buyers, tenants and other principals. Get access to over 20,000 unique business listings and discover your next investment opportunity. We're experts that understand the challenges of selling any business. More details , Off market, luxury boutique hotel located in the heart of Miamis historic Art Deco District in South Beach. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Hospitality - For Sale. 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 Find Bank Owned Properties for sale at LoopNet.com. 700+ events hosted annually in a scenic mountain setting 2901 Clint Moore Rd. For a free confidential consultation, call us at 877.357.0618 or use the contact form below. "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. Non-union, branded hotel. Restaurant Parking is accessible on the More details , 100-Room, Interior-Corridor. ft. of commercial real estate space for lease. We use cookies to personalize your experience. 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. 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. Constructed of Concrete Block in 1998. LANG REALTY HQ In our Just Listed and Just Sold featured property eblasts, postcards and fliers. The hotel transferred to special servicing in May 2020 due to COVID-related distress and became REO in June 2021. Hospitality - For Sale. 16271 Parallel Dr, Fort Myers, FL. FOR SALE BY COURT APPOINTED RECEIVER, MEDICAL OFFICE INVESTMENT OPPORTUNITY Beds, 6 Full-service hospitality property with thousands of unique visitors per year Corporate 1. Dutch bro's, Starbucks, Rosewood Realty Group has been exclusively retained to run the Bankruptcy Sale of 9201 4th Avenue in Brooklyn. Property is 7.5 feet above sea level. This home was damaged by hurricane Ian, but quickly and professionally remediated. USA 1321 15th St, Miami Beach, FL. Listing ID: 05071-77777 Acres: 3 SqFt: 55000 Bed: 1 Bath: 0.25 Sold Sault Sainte Marie, MI 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. TREMENDOUS UPSIDE IN RENTS. 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. The Hotel is just steps from the beach More details , Price is for 2 Florida hotels with 156 rooms. Pricier, so-called Class A apartments, are more plentiful. Location: Yulee, Florida, US. 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. By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions. 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. Description: Price is for 2 Florida hotels with 156 rooms. All Rented Owners of these types of homes will be more open to a sale. 16,636 SF | Request Cap Rate. WebHome For Sale In Port Charlotte, Florida 33952, Charlotte County, FL Investor alert! 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. - Significantly Priced Below Replacement Cost WebThere are typically two approaches to finding hotels for sale: 1. Browse real opportunities to buy from established and trusted sellers in the search listing results page below. 443 guest rooms with restaurant, conference room, Gym, Both lots are included in the one sale. 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. 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. The venture said it intends to take advantage of the buying opportunities the pandemic has created. Showing 274 Bank Owned Property listings of over 500,000 total commercial properties for sale and for lease. 1. Totally gutted and ready for your designs. Scour on-market commercial listings platforms. Price guideline at $72M.This is a rare opportunity to invest in a location directly across from LaGuardia Airport, in addition, New York City And there are many. 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 "All the Class C product that exists consists of older properties where rents are simply under the rates for newer communities.". Florist -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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