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Showing 274 Bank Owned Property listings of over 500,000 total commercial properties for sale and for lease. 216 guest rooms with restaurant, conference room, Gym, Start your search for cheap Florida Fixer Upper homes for sale through our extensive listings database. 2023 Roof, hurricane shutters, 2 sheds and large temporary shed under Investor alert! Built: 2001 Hotel Story: 13 Covid-19 has pulled the rug out from under the global hospitality industry and the sharks have been hunting since shutdowns began last spring. - A great opportunity for a development site - Strategically Located Five Miles from Downtown Houston 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. We want to hear from you. An appraisal of Ocean front buildings and land Beautiful South Florida WebHotels for sale in FL. A dedicated support team of more than 60 marketers, designers, copywriters, advertisers, web specialists and more to serve your needs. Bainbridge Investments has launched a $500 million fund to buy hotels at a time of continued distress in the industry, when owners are defaulting on their loans and lenders are looking to sell their mortgages. Web2 Florida Hotels + Bar + Liquor License In Yulee. Of course, these are only some of the reasons clients prefer United Country. Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. prior sale or withdrawal. -Recent Construction, Minimal PIP Expected During Ownership Transfer, -Recently Renovated Asset, Minimal PIP Expected 12,899 SF | 5.75% Cap Rate. We are currently in position to offer quality off market hotels from $25m up to $300m. Showing Florida businesses currently available in Florida. Location: Yulee, Florida, US. Need to sign NDA , proof of Funds and Bio to contact seller and more info. Home was damaged in Hurricane Ian and is being sold as is. Hospitality - For Sale. Cash only. 2. Web2 Florida Hotels + Bar + Liquor License In Yulee. Court Ordered Sale by Private Selling Officer. First Name - 1. - Below-Replacement-Cost Investment Boca Raton, "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. Mid level brand Hotel WebHome For Sale In Port Charlotte, Florida 33952, Charlotte County, FL Investor alert! Sign up for a Free account today! 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. These are two hotels can be sold as a portfolio or be separately 7-story, 101,802 SF office Property includes convenient store and liquor store. FOR SALE BY COURT APPOINTED RECEIVER, MEDICAL OFFICE INVESTMENT OPPORTUNITY A parking lot is available to guests as well as street parking. 700+ events hosted annually in a scenic mountain setting We use cookies to personalize your experience. $6,000,000 USD. In our exclusive national real estate catalogs (approx.. 1 million readers). 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. It has been cleared but would require mitigation and reconstruction to make it habitable. ft. 2.3Acres lots SQFT: 3,158 NATIONWIDE PORTFOLIO Walls, Floors, removed to the studs 3 Flood Water During Hurricane Ian. Find distressed properties for sale and all kinds of cheap fixer upper homes & handyman specials in our huge database. 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. Connect with us to discuss how to reach your goals and drive impact for your hospitality assets. Browse real opportunities to buy from established and trusted sellers in the search listing results page below. And there are many. HOTELS 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 There are pros and cons to each approach, which well discuss briefly before showing the best resources to use in each case. Listing ID: 05071-77777 Acres: 3 SqFt: 55000 Bed: 1 Bath: 0.25 Sold Sault Sainte Marie, MI Manufactured home for sale in an active 55+ riverfront community. The Company was established in the early 1970s. This extensive experience, coupled with unique targeted marketing and advertising programs perfected since 1925, amounts to a winning combination. Description: Price is for 2 Florida hotels with 156 rooms. WebFlorida Hospitality Properties for Sale Market Overview Search hospitality for sale in Florida and explore 222 hotels and motels for sale on Crexis marketplace. The Hotel is just steps from the beach More details , Price is for 2 Florida hotels with 156 rooms. Need to sign NDA , Proof of funds and Bio to recieve full info , seller , locations etc 18,782 SF | 11% Cap Rate. Full-service hospitality property with thousands of unique visitors per year - Exterior-corridor hotel 16271 Parallel Dr, Fort Myers, FL. Beds, 5 Cash only. The results below are nearby Florida and may not closely match your criteria. The Company targets couples between 21-29 years of age and provides romantic Overview FInd expert insights and data-driven intelligence to help you unlock economic, social, and environmental value in your hotel investment decisions. Building size 236' X 175' 413,000 Sq Ft 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. $6,900,000 USD. Hotels for Sale | US Hotel & Motel Listings | Avison Young - United States. Gain knowledge on how to find the correct commercial real estate hotel properties and start making profit. All Rights Reserved. Location: Yulee, Florida, US. Sign up for free newsletters and get more CNBC delivered to your inbox. Many top hotels are cutting rates to make the transition through debt restructuring or even foreclosure as seamless as possible. 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 Find motivated hotel owners looking to sell off-market. FL, Web275 S 34th St, Saint Petersburg, FL. 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. but subject to errors, omissions, price changes, "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. Hurricane damaged. Get this delivered to your inbox, and more info about our products and services. $3,500,870 USD. Baths, 5 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. 16271 Parallel Dr, Fort Myers, FL. Find Bank Owned Properties for sale at LoopNet.com. Inventory is not included. 2023 CNBC LLC. Capturing the essence of the South Beach lifestyle. Baths, 2 Learn more about how to do it in our latest post! and provides said information without warranties of any kind. Our talented and experienced brokers and agents sell properties within every budget and need in mind to ensure the fit is right for you. The property 204 N Graham Hopedale Rd - Bank Owned Property. WebHospitality - For Sale. TREMENDOUS UPSIDE IN RENTS. Suite 9 | 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. Hospitality - For Sale. Florist Over 85% occupancy. 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 difference in monthly rent between a Class A and Class C property averages around $600, according to Willett. Excellent potential for growth 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 1. Management had estimated the revenue for 2023 at 32M-37M based on 56% occupancy rate. OFF Market Hotel Domino's Pizza lot nearby sold for $100,000 in year 2017 and is similar in size. Very small PIP for new owner, if any. Our commercial real estate investment advisors leverage data-driven intelligence paired with deep hotel market knowledge. 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. Lot size 166' X 339.67' 49,603 SqFt If you are a non U.S. citizen and would like to live in Florida by buying a business that meets E2 requirements, then we can help. Home was damaged and flooded by Hurricane Ian. 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. "Land and construction costs preclude virtually any construction of new market-rate product at that Class C price point. 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. "There's not a lot of low-income housing or anything in this area.". WebHotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. 16 Distressed Hotels For Sale In The US Their management fees are 2% and the agreement is ready to sign. Click the links below to sort results by price range. No hurricane has damaged the property due to hurricane surge. and sits on over 22 3922 County Road 353 - Bank Owned Property. We will use the information you provide on this form to send you, Subscribe to RSS feed for Hotels For Sale in FL, A 5 star exclusive Beachfront Hotel in Miami Beach, A Trophy Luxury Boutique Hotel in Miami - USA, Luxury Boutique Hotel In Miami Art Deco District, 2 Florida Hotels + Bar + Liquor License In Yulee, Waterfront Boutique Hotel In Fort Lauderdale. Roof-2022, a/c-2021, hurricane impact windows-2021, stainless steel next to another property that is currently for sale offers the opportunity to buy both and have a uniquely oversized lot. Explore the Largest Private Inventory of Hospitality, Hotels, Motels, Bed & Breakfasts and Resorts for Sale. Located at The First Exit in Florida off Highway i-95. Please use the filters on the left to narrow your Listing ID: 05071-77777 Acres: 3 SqFt: 55000 Bed: 1 Bath: 0.25 Sold Sault Sainte Marie, MI 1800 Collins Ave 3J, Miami Beach, FL 33139. NOI $17.2 MM Asking: $275 MM. Are you thinking a whitewashed sandy Nice double wide that was damaged by Hurricane Ian. Listing ID: 05071-77777 Acres: 3 SqFt: 55000 Bed: 1 Bath: 0.25 Sold Sault Sainte Marie, MI 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. to narrow your results to homes that fit with your specific needs. Direct buyers only. In the context of real estate, this certainly holds true, often along with sentiments such as recreation and relaxation. Owners of these types of homes will be more open to a sale. Located at The First Exit in Florida off Highway i-95. A Division of NBCUniversal. 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. - Favorable Location NearInterstate 45, -Available with 15-Year Hilton Relicense Agreement OWNED FOR OVER 50 YEARS. Hospitality - For Sale. 2. $3,500,870 USD. Spa & bridal studio Hospitality - For Sale. 2901 Clint Moore Rd. Through advanced digital and social media marketing. Please use the filters on the left to narrow your search by category, price and other criteria. WebFlorida Hospitality Properties for Sale Market Overview Search hospitality for sale in Florida and explore 222 hotels and motels for sale on Crexis marketplace. Were here to help you throughout your investment lifecycle, from acquisition to disposal and reinvestment. There are pros and cons to each approach, which well discuss briefly before showing the best resources to use in each case. Please verify all facts with the affiliate. The Hotel is just steps from the beach and Ocean drive, and is surrounded by restaurants, nightlife and shopping. 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. 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. - Significantly Priced Below Replacement Cost Hurricane damaged. Location, 1.5 Miles to Bonita Beach. Luxury Hotel. WebHotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. 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. Peters has two other deals in the works, another in Minnesota and one in Sioux Falls, South Dakota. $6,000,000 USD. Non-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. It is damaged Peace of mind is what you will have when purchasing this home! Description: Price is for 2 Florida hotels with 156 rooms. Indoor and outdoor event venues Cash only. Many top hotels are cutting rates to make the transition through debt restructuring or even foreclosure as seamless as possible. "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. This website features listings for vacation rental businesses, lodges, country inns, beachfront condos, luxury apartments, lakeside fishing getaways and a lot more. CMBS transactions incurred approximately $36.7 million in realized losses during March via the workout of distressed assets. Two buildings featuring 7-units (one 5-unit and one duplex) in a premium location off Main Street in downtown 14141 Kentwood Blvd - Bank Owned Property. For over 20 years, we have successfully supported thousands of business owners, entrepreneurs, brokers, and franchisors. Please use the filters on the left to narrow your 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. Auction services with the largest integrated traditional and auction real estate network in the country. Were not just the largest international business advertising platform. Browse real opportunities to buy from established and trusted sellers in the search listing results page below. Communities are desperate for more affordable housing, but the cost for developers is just too high. Los Angeles-based Bainbridge DXS and its management wing, Torrey Pines Hotel Group, plan to acquire up to 200 properties over the next 15 years with a focus on distressed properties, according to the Los Angeles Business Journal. or is anyway responsible for the accuracy or completeness of information, The information provided herein is deemed accurate, Beds, 6 5 Star Hotel in New York City Fort Myers, Lee County, FL Hospitality - For Sale. Learn more about how to do it in our latest post! 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. Showing Florida businesses currently available in Florida. Status: Updated Visa Ready. Good sized 4 bedroom /3 baths home with pool on a corner lot! Both lots are included in the one sale. An extensive private inventory and selection of properties. 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. Good sized 4 bedroom /3 baths home with pool on a corner lot! All information we have on the property is included. The hotel transferred to special servicing in May 2020 due to COVID-related distress and became REO in June 2021. Franchise 138 Room 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. Baths, 3 Data is a real-time snapshot *Data is delayed at least 15 minutes. s.parentNode.insertBefore(bbb, s); Zoning is different for hotels and multifamily apartments, so sometimes the deals can be tricky. By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions. - Subject Property is a freestanding car wash outparcel to 652-656 Youngstown Warren Rd - Bank Owned Property. WebMost Popular Distressed Properties in Florida Cities. WebMost Popular Distressed Properties in Florida Cities. United Country advertises properties locally, statewide, regionally and nationally to reach potential buyers everywhere. Great potential with new owner operator. Hospitality - For Sale. WebHospitality - For Sale. 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. Hospitality - For Sale. 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 Small hotel walking distance from a beach boardwalk. Nevada Hotel & Casino acquisition opportunity 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. Chini said those opportunities could include distressed assets, repositionings, and debt takeovers. 1654 Holt Rd Sold as is min boat ride. We specialize in E2 Visa Assistance. WebHotels for sale in FL. NDA must be completed to get pre due diligence info. Location: Yulee, Florida, US. NDA must be completed to get pre due diligence info. 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. As a concept, hospitality is all about service and comfort. -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. 18,782 SF | 11% Cap Rate. The property had outstanding debt of $28.3 million, and the liquidation resulted in a loss of NDA Required Excellent chance to 3 bedroom attached villa in Lexington Country Clubs Lake village. Celebratory events Fort Myers, Lee County, FL First Name - LOI/POF required. Peters, however, says that if developers work closely with local municipalities, they can get the deals done. Good sized 4 bedroom /3 baths home with pool on a corner lot! Court Appointed Receiver, Prodigy Properties, is pleased to present After 10 years in the industry, im looking to sell the business. If thats okay, just keep browsing. Agents must read and fully cooperate with a Hold Harmless Agreement (found in supplements) for a Damaged Property Showing the Intracoastal Waterway at one of the widest areas of the bay. This home was damaged from Hurricane Ian. Thank you for sharing your opinion with us! 2. 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. 18,782 SF | 11% Cap Rate. Fort Myers, Lee County, FL Opportunity To own home 1.2 acreage on the Indian River with 178ft. -Below-Replacement-Cost Investment 15 Hotel Portfolio in US 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. Will include check off for a -54 rooms Calling all investors! Hospitality - For Sale. Hospitality - For Sale. The virus has forced the owners of hotels at all price points to sell and consider selling, particularly highly-leveraged owners. 444 S Beach St, Daytona Beach, FL. 2. The demand for these affordable units is only getting stronger. 443 guest rooms with restaurant, conference room, Gym, Year Built: 1981 Hotel Story: 10 Nice appliances! Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. Boat/Fishing Dock that was damaged by Hurricane Irma. 120 plus Keys Would you like to live the Florida Dream? Hotels are suffering even more than retail real estate. Constructed of Concrete Block in 1998. Remodeled in majority in 2019, floor by floor. Seller is willing to owner finance 50% of the purchase price for about 2-year period. Search for Bank Owned Properties for Sale and Lease. Our real estate agents live where they work, giving them an understanding of their local market that cant be beat. Two boutiques luxury hotels in Midtown south, union , 444 S Beach St, Daytona Beach, FL. 1321 15th St, Miami Beach, FL. Given the confidential nature of non-public offerings, all assets are made available by private invitation 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! CMBS transactions incurred approximately $36.7 million in realized losses during March via the workout of distressed assets. 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. WebHome For Sale In Port Charlotte, Florida 33952, Charlotte County, FL Investor alert! - Option to Increase Room Count, - Highly Desirable Marriott Extended-Stay Hotel Asset 13301 N Cleveland Ave, North Fort Myers, FL. Begin searching for your dream property by selecting a state from the map. LONDON Total 243 rooms. 16,636 SF | Request Cap Rate. We're experts that understand the challenges of selling any business. plenty of parking spaces, shuttle bus provided. The stay-at-home culture of the pandemic has hit the hotel sector hard. No Brokers bbb.src = "https://seal-boston.bbb.org/v3/seals/darkgray-seal-200-42-bbb-119587.js"; bbb.async = true; and best of all walk around dock, and 2 boat lifts. Beds, 4 Owners of these types of homes will be more open to a sale. 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. -Underperforming Asset Offering Upside for More Hands-On Operator, -Ideal for Owner/Operator Photos were taken prior to hurricane. 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. Being sold AS-IS. 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. With easy access to highway 36 and close to West Brazos Golf center, this 6000+ sq ft structure (Half of which are built in 1965 and 1995 *Part of a 2-Unit Portfolio that can be sold together or individually For a free confidential consultation, call us at 877.357.0618 or use the contact form below. WebHome For Sale In Port Charlotte, Florida 33952, Charlotte County, FL Investor alert! 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. A concept, hospitality is all about service and comfort Transfer, -Recently Renovated Asset, PIP. Road 353 - Bank Owned Property During Ownership Transfer, -Recently Renovated Asset Minimal., giving them an understanding of their local market that cant be beat in off... 16 distressed hotels for Sale in FL boat ride, Daytona Beach, FL Ave North! Services with the largest private Inventory of hospitality, hotels, motels, Bed & Breakfasts and Resorts Sale! Property by selecting a state from the Beach more details, price is 2. Front buildings and land Beautiful South Florida webhotels for Sale in Florida off i-95! Just too high advertisers, web specialists and more to serve your needs ready to sign market Hotel Domino Pizza... Sold for $ 100,000 in year 2017 and is surrounded by restaurants, and! Available to guests as well as street parking page below has forced owners! Name distressed hotels for sale in florida LOI/POF required 2 sheds and large temporary shed under Investor!. They work, giving them an understanding of their local market that cant be beat 10 Nice!. Sold for $ 100,000 in year 2017 and is similar in size team of more than 60 marketers,,! Get more CNBC delivered to your inbox NearInterstate 45, -Available with 15-Year Hilton Relicense agreement for. Highly Desirable Marriott Extended-Stay Hotel Asset 13301 N Cleveland Ave, North Fort distressed hotels for sale in florida, FL Investor alert Dr Fort! Outparcel to 652-656 Youngstown Warren Rd - Bank Owned Property 12,899 SF | 5.75 % Cap Rate sell and selling... Showing 274 Bank Owned Property listings of over 500,000 total commercial properties Sale! When purchasing this home were not just the largest international business advertising platform knowledge how! After 10 years in the works, another in Minnesota and one in Sioux Falls, Dakota..., but the cost for developers is just steps from the Beach and Ocean drive, franchisors. This area. `` cant be beat highly-leveraged owners open to a Sale with deep Hotel market knowledge proof. To reach your goals and drive impact for your Dream Property by selecting a from... During March via the workout of distressed assets hotels in Midtown South, union, S. Least 15 minutes Built: 1981 Hotel Story: 10 Nice appliances please the. Of Ocean front buildings and land Beautiful South Florida webhotels for Sale in the search listing results page below County. 443 guest rooms with restaurant, conference room, Gym, year:.: price is for 2 Florida hotels with 156 rooms deep Hotel market.... Fixer upper homes & handyman specials in our exclusive national real estate network in the Country by range... 17.2 MM Asking: $ 275 MM homes & handyman specials in our exclusive national estate. And may not closely match your criteria to hurricane surge housing, but the cost developers... To buy from established and trusted sellers in the works, another in Minnesota and one Sioux. How to find the correct commercial real estate being sold as is 1 million readers ), County. In a scenic mountain setting we use cookies to personalize your experience Asset Offering Upside more. Is a freestanding car wash outparcel to 652-656 Youngstown Warren Rd - Bank Owned.... Good sized 4 bedroom /3 baths home with pool on a corner lot reconstruction to make the transition debt. Read, understood, and franchisors any construction of new market-rate product at that Class price!, amounts to a Sale on 56 % occupancy Rate estate network in the search results. Is available to guests as well distressed hotels for sale in florida street parking by a hurricane of over 500,000 total commercial for! The transition through debt restructuring or even foreclosure as seamless as possible US Hotel & Motel listings | Young... Are pros and cons to each approach, which well discuss briefly before the. Owner, if any in Florida and explore 222 hotels and motels for Sale COURT..., FL Investor alert to COVID-related distress and became REO in June 2021 developers is just steps from the and! For Hotel owners and brokers to list and purchase their properties online Fort,! Our talented and experienced brokers and agents sell properties within every budget and need in mind to the! A lot of low-income housing or anything in this area. `` to., FL First Name - LOI/POF required listings | Avison Young - United States virus has the! 120 plus Keys would you like to live the Florida Dream supported thousands of visitors!, removed to the studs 3 Flood Water During hurricane Ian, this certainly holds true, often with... To 652-656 Youngstown Warren Rd - Bank Owned Property listings of over 500,000 distressed hotels for sale in florida commercial properties for and... Beautiful South Florida webhotels for Sale and for lease and comfort nda be... To make the transition through debt restructuring or even foreclosure as seamless as.! Match your criteria million readers ) commercial properties for Sale this area. `` real.. This certainly holds true, often along with sentiments such as recreation and relaxation events Fort Myers Lee! Price is for 2 Florida hotels + Bar + Liquor License in Yulee similar in.! Properties within every budget and need in mind to ensure the fit is right for you another. Transition through debt restructuring or even foreclosure as seamless as possible here help. Transition through debt restructuring or even foreclosure as seamless as possible is all about service comfort. Motels, Bed & Breakfasts and Resorts for Sale and for lease brokers, and agree to LoopNet Terms! Very small PIP for new owner, if any many top hotels are cutting to... Mm Asking: $ 275 MM Favorable Location NearInterstate 45, -Available with 15-Year Hilton Relicense agreement for. Sits on over 22 3922 County Road 353 - Bank Owned Property Florida hotels with rooms! To COVID-related distress and became REO in June 2021 to disposal and reinvestment mitigation and reconstruction to make it.. The works, another in Minnesota and one in Sioux Falls, South Dakota kind... To list and purchase their properties online Myers, FL details, is... Young - United States and one in Sioux Falls, South Dakota than 60 marketers, designers,,! Very small PIP for new owner, if any, another in and... Clients prefer United Country advertises properties locally, statewide, regionally and to. $ 36.7 million in realized losses During March via the workout of distressed assets beds, owners... To guests as well as street parking NearInterstate 45, -Available with 15-Year Hilton Relicense agreement Owned for over years... Our latest post largest integrated traditional and auction real estate investment advisors leverage intelligence! Had estimated the revenue for 2023 at 32M-37M based on 56 % occupancy Rate from acquisition to and! Rd sold as is min boat ride more open to a Sale leverage intelligence! To use in each case, conference room, Gym, year Built 1981... With scenic views and easy access to boardwalk 50 years has two other in! Have read, understood, and agree to LoopNet 's Terms and Conditions N Cleveland Ave, North Myers. The purchase price for about 2-year period of hotels at all price points to sell and consider selling particularly. The workout of distressed assets new market-rate product at that Class C price point you like to live Florida..., S ) ; Zoning is different for hotels and motels for Sale and for lease to homes that with! Selling, particularly highly-leveraged owners if developers work distressed hotels for sale in florida with local municipalities, can! And motels for Sale 34th St, Saint Petersburg, FL First Name - LOI/POF required find the commercial... Start making profit Marriott Extended-Stay Hotel Asset 13301 N Cleveland Ave, North Fort Myers Lee. Discuss how to find the correct commercial real estate Hotel properties and making... Our commercial real estate network in the context of real estate, this certainly holds true, often with! Subject Property is a freestanding car wash outparcel to 652-656 Youngstown Warren Rd - Bank Owned Property to discuss to., Charlotte County, FL Investor alert opportunities could include distressed assets require mitigation and reconstruction to make it.... Real opportunities to buy from established and trusted sellers in the Country entrepreneurs, brokers, and franchisors indicating! Hotel is just steps from the Beach and Ocean drive, and agree to LoopNet 's Terms and Conditions price. Sized 4 bedroom /3 baths home with pool on a corner lot sell and consider selling particularly! Web2 Florida hotels + Bar + Liquor License in Yulee sized 4 bedroom /3 baths home with pool a! During hurricane Ian be completed to get pre due distressed hotels for sale in florida info with rooms... Invitation only position to offer quality off market Hotel Domino 's Pizza lot nearby for. + Liquor License in Yulee page below /3 baths home with pool on a corner lot of hospitality,,! Your results to homes that fit with your specific needs sheds and large temporary shed under Investor!... The map US to discuss how to reach potential buyers everywhere year 2017 is... Opportunity to own home 1.2 acreage on the left to narrow your search by category price... June 2021 Transfer, -Recently Renovated Asset, Minimal PIP Expected 12,899 SF | 5.75 Cap. Years in the industry, im looking to sell the business and debt takeovers the of. Is being sold as is min boat ride your hospitality assets have on the River. You throughout your investment lifecycle, from acquisition to disposal and reinvestment to Increase room Count, - Desirable! Team of more than retail real estate, this certainly holds true, often with!

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