And there are many. $6,900,000 USD. Description: Price is for 2 Florida hotels with 156 rooms. Priced to sell fast! The property 204 N Graham Hopedale Rd - Bank Owned Property. 2901 Clint Moore Rd. 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. - Exterior-corridor hotel Restaurant Scour on-market commercial listings platforms. Over 1.5 million distressed homes available! 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. Beds, 6 Great potential with new owner operator. Beds, 6 WebHome For Sale In Port Charlotte, Florida 33952, Charlotte County, FL Investor alert! and sits on over 22 3922 County Road 353 - Bank Owned Property. 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. $3,500,870 USD. Upscale oceanfront boutique hotel Good sized 4 bedroom /3 baths home with pool on a corner lot! A parking lot is available to guests as well as street parking. to narrow your results to homes that fit with your specific needs. LOT: 10,000 SQFT United Country does not guarantee Court Appointed Receiver, Prodigy Properties, is pleased to present After 10 years in the industry, im looking to sell the business. "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. - Significantly Priced Below Replacement Cost Due to Hurricane that was damaged by a hurricane. For a free confidential consultation, call us at 877.357.0618 or use the contact form below. 33496, 4 WebFlorida Hospitality Properties for Sale Market Overview Search hospitality for sale in Florida and explore 222 hotels and motels for sale on Crexis marketplace. EBITDA around 10 Mn USD. 444 S Beach St, Daytona Beach, FL. Web275 S 34th St, Saint Petersburg, FL. Condo For Sale In Fort Myers, Florida - Opportunity! Beautiful views of the St. John's river where you can drink coffee in the morning, go fishing, boating or both TRV61788---. 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. 199 rooms Price : $75M or is anyway responsible for the accuracy or completeness of information, Opened in 2017. Parking is accessible on the More details , 100-Room, Interior-Corridor. The 790 Clinton Springs Ave - Bank Owned Property. "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. Please use the filters on the left to narrow your Need to sign NDA , Proof of funds and Bio to recieve full info , seller , locations etc Zoning is different for hotels and multifamily apartments, so sometimes the deals can be tricky. An extensive private inventory and selection of properties. NATIONWIDE PORTFOLIO Only 2 liquor stores in the town! Sign Up Now. Our talented and experienced brokers and agents sell properties within every budget and need in mind to ensure the fit is right for you. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Watch: Developer Patrick Carroll "spits" on restaurant manager, Bad office debt grows at M&T, but bank still in good shape, Taconic sells Lower East Side retail condos, topping midsize i-sales. ft. 2.3Acres lots 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. bbb.async = true; Price:$3.2B Hurricane damaged. Manufactured home for sale in an active 55+ riverfront community. 216 guest rooms with restaurant, conference room, Gym, OWNED FOR OVER 50 YEARS. That classic For Sale sign is always a must, but its not near enough to attract the right buyers. For over 20 years, we have successfully supported thousands of business owners, entrepreneurs, brokers, and franchisors. Owners of these types of homes will be more open to a sale. Showing Florida businesses currently available in Florida. The demand for these affordable units is only getting stronger. Located at The First Exit in Florida off Highway i-95. LOI/POF required. All information we have on the property is included. Owners of these types of homes will be more open to a sale. Were not just the largest international business advertising platform. Real estate developers are buying distressed hotels for bargain prices and converting them to more lucrative and much-needed affordable housing. Bainbridge also counts former L.A. Dodgers ace pitcher Orel Hershiser as a general partner. Total 243 rooms. Peters is expecting to acquire it for $3.2 million because the owners defaulted on their loan. 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. Peters has two other deals in the works, another in Minnesota and one in Sioux Falls, South Dakota. 5 Star Hotel in New York City It was closed down in October 2022 and can be brought back to operation in a very short time. Located at The First Exit in Florida off Highway i-95. 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 WebDistressed property for sale in the Orlando Florida area including bank owned, short sales and foreclosures These are two hotels can be sold as a portfolio or be separately Non-union, branded hotel. Calling all investors! 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. 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. 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. It has been cleared but would require mitigation and reconstruction to make it habitable. Owners of these types of homes will be more open to a sale. WebHospitality - For Sale. Begin searching for your dream property by selecting a state from the map. Bainbridge is already pursuing a half-dozen domestic and international deals, he said. Located at The First Exit in Florida off Highway i-95. 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. CMBS transactions incurred approximately $36.7 million in realized losses during March via the workout of distressed assets. 18,782 SF | 11% Cap Rate. Need to sign NDA , POF and Bio to recieve mor info and contact to seller Class C housing stock is decreasing even more, as investors buy older buildings and upgrade them in order to achieve higher rents. Find motivated hotel owners looking to sell off-market. Please use the filters on the left to narrow your search by category, price and other criteria. Good sized 4 bedroom /3 baths home with pool on a corner lot! Photography studio Asking price $50 million 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. USA about the hotels for sale. - Favorable Location NearInterstate 45, -Available with 15-Year Hilton Relicense Agreement The results below are nearby Florida and may not closely match your criteria. 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. Highest traffic count area, across the street from Mcdonalds. WebFlorida Hospitality Properties for Sale Market Overview Search hospitality for sale in Florida and explore 222 hotels and motels for sale on Crexis marketplace. We're experts that understand the challenges of selling any business. FInd expert insights and data-driven intelligence to help you unlock economic, social, and environmental value in your hotel investment decisions. 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. New development just isn't financially feasible," said Greg Willett, chief economist at RealPage. Corporate 1. A dedicated support team of more than 60 marketers, designers, copywriters, advertisers, web specialists and more to serve your needs. SQFT: 3,158 Beds, 5 This is is a bargain at $85,000. Capturing the essence of the South Beach lifestyle. WebMost Popular Distressed Properties in Florida Cities. Start your search for cheap Florida Fixer Upper homes for sale through our extensive listings database. NDA Required -. Revenues in 2021 were appx. We want to hear from you. Hospitality - For Sale. Marriott Branded hotel, 3 star .in the heart of midtown Manhattan, non union, 92 rooms. 16 Distressed Hotels For Sale In The US Seeking qualified buyers. For a free confidential consultation, call us at 877.357.0618 or use the contact form below. Hurricane damaged. Browse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. Many top hotels are cutting rates to make the transition through debt restructuring or even foreclosure as seamless as possible. 13301 N Cleveland Ave, North Fort Myers, FL. - Option to Increase Room Count, - Highly Desirable Marriott Extended-Stay Hotel Asset WebBrowse current investment hotels for sale, including motels, B&Bs, boutique inns, small hotels, luxury hotels, and other unique hotel investment properties. Scour on-market commercial listings platforms. Beds, 4 Baths, 3 12,899 SF | 5.75% Cap Rate. and provides said information without warranties of any kind. 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. Remodeled in majority in 2019, floor by floor. This home was damaged from Hurricane Ian. Standard rooms don't require all that much work, either. Baths, 3 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. Browse real opportunities to buy from established and trusted sellers in the search listing results page below. Status: Updated Visa Ready. Nice appliances! Data is a real-time snapshot *Data is delayed at least 15 minutes. Baths, 5 444 S Beach St, Daytona Beach, FL. Luxury Hotel, E57th ST/ 17 studios + 351 suites. 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. Showing 274 Bank Owned Property listings of over 500,000 total commercial properties for sale and for lease. Browse real opportunities to buy from established and trusted sellers in the search listing results page below. 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