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 WebHotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. Browse real opportunities to buy from established and trusted sellers in the search listing results page below. $3,500,870 USD. Peters bought a hotel on the outskirts of Minneapolis just before the pandemic struck. Peters is expecting to acquire it for $3.2 million because the owners defaulted on their loan. Nice appliances! Beds, 5 Buying distressed properties in Florida is an excellent way to generate wealth. Please use the filters on the left to narrow your Great potential with new owner operator. Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. $3,500,870 USD. This inviting floor plan has water views from the kitchen, dining room, Florida W-o-w! Description: Price is for 2 Florida hotels with 156 rooms. The demand for these affordable units is only getting stronger. 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. 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. For over 20 years, we have successfully supported thousands of business owners, entrepreneurs, brokers, and franchisors. Price: $1B Price $140 M Kidder Mathews is please to exclusively represent this Lender REO Commercial Building in Victorville. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Listing ID: 05071-77777 Acres: 3 SqFt: 55000 Bed: 1 Bath: 0.25 Sold Sault Sainte Marie, MI WebHotels for sale in FL. Good sized 4 bedroom /3 baths home with pool on a corner lot! 1800 Collins Ave 3J, Miami Beach, FL 33139. Minimum value must be less than maximum. Home was damaged and flooded by Hurricane Ian. Well, there are some great reasons, particularly in our method. The hotel transferred to special servicing in May 2020 due to COVID-related distress and became REO in June 2021. Brokers welcome but please do not interfere. 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 difference in monthly rent between a Class A and Class C property averages around $600, according to Willett. The property consists of 2 separate buildings. 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. WebThere are typically two approaches to finding hotels for sale: 1. - Exterior-corridor hotel 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. Being sold AS-IS. Explore the Largest Private Inventory of Hospitality, Hotels, Motels, Bed & Breakfasts and Resorts for Sale. WebHotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. Browse real opportunities to buy from established and trusted sellers in the search listing results page below. With management wing Torrey Pines Hotel Group, will acquire 200 properties, Nick Chini and Orel Hershiser are two of the parters at Bainsbridge. 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 Promoting local listings in 100+ national magazines and newspapers. Become a FREE LoopNet Member to search hundreds of thousands of Bank Owned Properties for sale and other commercial properties for sale and for lease throughout the U.S. and Canada. 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. 2. An Attractive interesting opportunity. prior sale or withdrawal. WebHome For Sale In Port Charlotte, Florida 33952, Charlotte County, FL Investor alert! 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 Walls, Floors, removed to the studs 3 Flood Water During Hurricane Ian. 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. - Subject Property is a freestanding car wash outparcel to 652-656 Youngstown Warren Rd - Bank Owned Property. Nevada Hotel & Casino acquisition opportunity When it comes to connecting sellers of these specialty properties with buyers seeking a specific lifestyle, United Country is the top choice. One lot consists of building and a 2 car garage and INVESTOR SPECIAL priced to sell! As a concept, hospitality is all about service and comfort. This website features listings for vacation rental businesses, lodges, country inns, beachfront condos, luxury apartments, lakeside fishing getaways and a lot more. Peters, however, says that if developers work closely with local municipalities, they can get the deals done. - Below-Replacement-Cost Investment Were here to help you throughout your investment lifecycle, from acquisition to disposal and reinvestment. Need to sign NDA , Proof of funds and Bio to recieve full info , seller , locations etc 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! 216 guest rooms with restaurant, conference room, Gym, The Hotel is just steps from the beach More details , Price is for 2 Florida hotels with 156 rooms. - Strategically Located Five Miles from Downtown Houston CMBS transactions incurred approximately $36.7 million in realized losses during March via the workout of distressed assets. Full-service beachfront 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. In the context of real estate, this certainly holds true, often along with sentiments such as recreation and relaxation. Their management fees are 2% and the agreement is ready to sign. WebDistressed property for sale in the Orlando Florida area including bank owned, short sales and foreclosures 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. s.parentNode.insertBefore(bbb, s); Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. - Onsite Living Quarters, Ideal for Owner/Operator "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. Luxury Hotel. The property had outstanding debt of $28.3 million, and the liquidation resulted in a loss of Owners of these types of homes will be more open to a sale. Please use the filters on the left to narrow your WebHospitality - For Sale. Listing ID: 05071-77777 Acres: 3 SqFt: 55000 Bed: 1 Bath: 0.25 Sold Sault Sainte Marie, MI Non-union Baths, 2 Find Bank Owned Properties for sale at LoopNet.com. Condo For Sale In Fort Myers, Florida - Opportunity! Location: Yulee, Florida, US. $6,900,000 USD. Hotel was built in 1997 and just had complete Forever Young PIP in 2019. Building size 57.4' X 154' 114,915 SqFt Auction services with the largest integrated traditional and auction real estate network in the country. We are currently in position to offer quality off market hotels from $25m up to $300m. bbb.type = "text/javascript"; Description: Price is for 2 Florida hotels with 156 rooms. If thats okay, just keep browsing. This Vacant former US Government Manufacturing site located between North Carolina's Triad and Triangle is nearly 800,000 SqFt })(); 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. Browse real opportunities to buy from established and trusted sellers in the search listing results page below. For a free confidential consultation, call us at 877.357.0618 or use the contact form below. More details , The Hotel is truly a trophy asset and an historic gem. 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. Learn how to generate revenues from your hotel investments in the United States that surpass hospitality industry norms for investors. Showing 274 Bank Owned Property listings of over 500,000 total commercial properties for sale and for lease. 16 Distressed Hotels For Sale In The US to narrow your results to homes that fit with your specific needs. Got a confidential news tip? 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. Web275 S 34th St, Saint Petersburg, FL. It has been cleared but would require mitigation and reconstruction to make it habitable. 13301 N Cleveland Ave, North Fort Myers, FL. Hospitality - For Sale. -located at the main road for the value of the land as the manufactured home was severely damaged by hurricane Ian. Sold as is min boat ride. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Get instant access to popular businesses, franchises, industry advice and special offers. Over 85% occupancy. WebHospitality - For Sale. The results below are nearby Florida and may not closely match your criteria. Located at The First Exit in Florida off Highway i-95. Priced to sell fast! FInd expert insights and data-driven intelligence to help you unlock economic, social, and environmental value in your hotel investment decisions. Covid-19 has pulled the rug out from under the global hospitality industry and the sharks have been hunting since shutdowns began last spring. 2023 Roof, hurricane shutters, 2 sheds and large temporary shed under Investor alert! Capturing the essence of the South Beach lifestyle. Owners of these types of homes will be more open to a 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 Showing Florida businesses currently available in Florida. 18,782 SF | 11% Cap Rate. Status: Updated Visa Ready. 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. 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. Learn more about how to do it in our latest post! 16271 Parallel Dr, Fort Myers, FL. With a wide variety of hotels, bed and breakfasts, resort properties. Web275 S 34th St, Saint Petersburg, FL. LOI/POF required. Constructed of Concrete Block in 1998. Fort Myers, Lee County, FL Hospitality - For Sale. 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. outside your back door. The shortage of affordable housing is now critical. 10 Miles from Fort Myers Beach | 14 Miles from Sanibel and Captiva Islands More details . WebMost Popular Distressed Properties in Florida Cities. "Land and construction costs preclude virtually any construction of new market-rate product at that Class C price point. Good sized 4 bedroom /3 baths home with pool on a corner lot! Cash only. Boca Raton, Dutch bro's, Starbucks, Rosewood Realty Group has been exclusively retained to run the Bankruptcy Sale of 9201 4th Avenue in Brooklyn. There is roof damage from wind, but hurricane, visualize how you will refinish the old shiplap wood walls that were revealed thanks to Ian! Remodeled in majority in 2019, floor by floor. The property had outstanding debt of $28.3 million, and the liquidation resulted in a loss of NDA/LOI/POF. - Favorable Location NearInterstate 45, -Available with 15-Year Hilton Relicense Agreement Baths, 5 - Unencumbered byDebt and Management Agreement (Getty, LinkedIn via Nick Chini). Located at The First Exit in Florida off Highway i-95. Price guideline at $72M.This is a rare opportunity to invest in a location directly across from LaGuardia Airport, in addition, New York City Non-union, branded hotel. Invalid range. EBITDA around 10 Mn USD. Storage shed Ready to rebuild! 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. 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. and provides said information without warranties of any kind. Upscale oceanfront boutique hotel var s = document.getElementsByTagName("script")[0]; A Division of NBCUniversal. Over 1.5 million distressed homes available! 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! There are pros and cons to each approach, which well discuss briefly before showing the best resources to use in each case. Parking is accessible on the More details , 100-Room, Interior-Corridor. Ian damaged house! 18,782 SF | 11% Cap Rate. Location: Yulee, Florida, US. Baths, 2 WebThere are typically two approaches to finding hotels for sale: 1. WebMost Popular Distressed Properties in Florida Cities. Asking price $50 million WebThere are typically two approaches to finding hotels for sale: 1. Need LOI and POF to begin Description: Price is for 2 Florida hotels with 156 rooms. 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. 15 Hotel Portfolio in US Bank Owned Properties for Sale - LoopNet.com, Bank Owned Properties For Sale | LoopNet.com, Portfolio of 9 Properties - Portfolio of 9 Properties. - Absent businesses , great management term running the hotel Hospitality - For Sale. 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. 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. 199 rooms Price : $75M FL, Hospitality - For Sale. Find distressed properties in Florida using our comprehensive handyman special listings. Excellent chance to 3 bedroom attached villa in Lexington Country Clubs Lake village. That price difference is critical to renters like Michelle Wickstrom, who recently moved into Peters' Minneapolis apartment property. Targeted exposure to a proprietary opt-in database of more than 1 million real estate buyers the largest of its kind in the industry. More details , Off market, luxury boutique hotel located in the heart of Miamis historic Art Deco District in South Beach. Cash only. "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. These sites help market a wide variety of hospitality and resort properties, including those in popular vacation destinations, along lakes and rivers, at the beach, in the mountains and elsewhere. Start a new search to find more Bank Owned Properties or other commercial listings on LoopNet.com. Find motivated hotel owners looking to sell off-market. 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. 12,899 SF | 5.75% Cap Rate. WebBrowse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. The property had outstanding debt of $28.3 million, and the liquidation resulted in a loss of Price : $45M $3,500,870 USD. Scour on-market commercial listings platforms. Photography studio The information provided herein is deemed accurate, Hurricane damaged. Need to sign NDA , proof of Funds and Bio to contact seller and more info. bbb.async = true; - Significantly Priced Below Replacement Cost Cash only. Baths. Beds, 6 1 Hotel includes 100 rooms on 4.51 acres + full bar + liquor license + restaurant + kitchen + More details , HS Listing ID-18523. 443 guest rooms with restaurant, conference room, Gym, Florida No Brokers FOR SALE BY COURT APPOINTED RECEIVER, MEDICAL OFFICE INVESTMENT OPPORTUNITY Many top hotels are cutting rates to make the transition through debt restructuring or even foreclosure as seamless as possible. Real estate developers are buying distressed hotels for bargain prices and converting them to more lucrative and much-needed affordable housing. That classic For Sale sign is always a must, but its not near enough to attract the right buyers. Mid level brand Hotel Hospitality - For Sale. Of course, these are only some of the reasons clients prefer United Country. NDA Required 33496, 4 var bbb = document.createElement("script"); We take our clients objectives seriously and are dedicated to helping you achieve them. Full-service hospitality property with thousands of unique visitors per year Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. 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 Gain knowledge on how to find the correct commercial real estate hotel properties and start making profit. "It's hard to find anything that's affordable or within my price range," Wickstrom said. If you are interested in seeing some of our non-public offerings, please contact one of the hotel brokers below. Lot size 166' X 339.67' 49,603 SqFt This property is more than what you can see from the street, or the sky for one thing, it's already approved by Reading Oldacre McDonald is pleased to offer for sale a newly constructed Whataburger strategically located in one of Nashvilles top submarkets ESTATE SALE. Located at The First Exit in Florida off Highway i-95. 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. Suite hotels are cheaper to convert, as they already have kitchens. 12,899 SF | 5.75% Cap Rate. Cash only. 1321 15th St, Miami Beach, FL. In our Just Listed and Just Sold featured property eblasts, postcards and fliers. Baths, 3 The 790 Clinton Springs Ave - Bank Owned Property. Find motivated hotel owners looking to sell off-market. LONDON Boat/Fishing Dock that was damaged by Hurricane Irma. Browse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. The context of real estate buyers the largest private Inventory of Hospitality, hotels, Motels, Bed and,. 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