Property details

Hotel Development Opportunities, Southeast Region

Property Description

Hotel Development Opportunities

Hotel Development Opportunity

Fort Lauderdale Beach Location

Entitled Hotel Site located in a 200 RevPAR market

104 Units

The Property has 300 feet of frontage on Ocean Blvd.

The property will stabilize rapidly after opening to 77% @ $204 ADR

The Hotel will have direct Public Beach Access.

Price: $12,250,000 (Includes Fee Simple Property and Site Plan)

The Property has franchise approval with development incentives ( not required to build the current Flag)

There are many barriers to entry in The Ft Lauderdale Beach Market.

Notably the high cost of land and very restrictive Zoning.

Land sells for $7 million-$15 million per Acre depending on location.

As a result, the only hotels under construction are a Conrad Hotel and a Four Seasons, both of which are mixed use projects incorporating both residential and retail to help justify the high cost of Land.

Hurricane Damaged Oceanfront Motel in Southeast Florida

22 Units on the Atlantic Ocean

Price was $2.5 Million, reduced to $1.7m, Motel needs a new roof and interior renovations

Great upside, amazing location right on the sand.

2 Rare Hot Locations---Hotel Development Sites in Dallas Texas

Lot 7, 131,250 SF, 3.01 Acres Price: $3,550,000

Lot 9 115,717 SF, 2.66 Acres, Price: $3,850,000

Buy one or both from our Developer

RARE Oceanfront Hotel, Palm Beach, FL

50 Unit Full-Service Oceanfront Hotel

Midrise Interior Corridor Facilty

Irreplaceable High Barrier to Entry Market

Exceptional Candidate for Boutique Upbranding.

Hotel is located directly next to 1,600 Marriott Timeshare units which rent for $525-$925 per night

Price: $11,000,000 (Forecast resale in 3 years at an 8% cap for $28 million)

Hotel Investment & Development Opportunity

High Barrier to Entry Florida Keys

2 waterfront properties; (may be purchased separately)

(1) 150 unit Hurricane Damaged Hotel (Includes Marina)

(2) 120 acre 18 Hole Golf Course and Country Club (Entitlements in place)

Purchased together, a handsome $250 million exit strategy can be realized.

Purchase Price-Hotel- $35 Million
Purchase Price -120 acre 18 Hole Golf Course and Country Club- $34 Million.

Best Western

Bradenton Sarasota Florida Location

Built in 2005 and owned by the original developer

$117 ADR

$1,054,144 Net Income

101.50 RevPAR

Price: $8,150,000

Competitive advantage: Energy efficient hotel, very low utility bills

Cracker Barrel Restaurant located adjacent

Ramada Inn South Florida

100 Units

5 Acre Parcel

Interior Corridor

Room Revenue $1,557,000

Triple Net NNN Lease Income: $112,000

Price: $5,825,000 (3 X rooms sales / 10% Cap Rate on NNN Income)

Hurricane Damaged Oceanfront Hotel in the Florida Keys

150 unit Ocean Access Waterfront Hotel and Marina with 1/3 mile of waterfrontage

The existing Hotel is a full service property, included with the property is a 54 slip marina amenity

Price before Hurricane-$35 Million, Price after Hurricane Irma -$29.5 Million firm

Hotel Investment Opportunity

100 Unit Best Western Hotel, Interstate Location Georgia

Year opened: 1985

Lot size: 5 Acres

Corridors: Exterior

Condition: Excellent (PIP completed in 2017)

Room revenue: $1,912,341

Price: $7 Million

Net Income: $852,623

Competitive advantage: Franchised Restaurant Onsite

Airport Hotel Investment Opportunity

Lease option available for $500,000k down

Wichita, Kansas Airport

Year opened: 1990

Lot size: 4 Acres

Utilities: Municipal

Pool: Indoor

Corridors: Interior

Condition: Ready for rebranding (Franchise expired)

Room revenue: $1.5 Million (Thru October 2017)

Price: $4.3 Million, present all offers, owner motivated

Value Add Opportunity, Hotel has approval for assortment of various rebranding options

Waterfront Development Opportunity, SE Florida

$360,000 Income Stream already in place

Ocean Views on Hutchinson Island Florida

42 Slip Marina with Entitlements in place (DEP Permit) to build an additional 43 Marina slips (effectively doubling the size)

Additional density to build up to a 100 unit waterfront Hotel or apartments

Price: $3,900,000

Deep Water Port, Protected Direct Ocean Access Marina with Multi-family Component

Approximately 1.43 Gross Acres – 210 feet of Water Frontage along the Inlet

42 Income Producing Boat Slips; 13 Income Producing Multi- Family Units; 5,000-sq. ft. Owner’s Residence w/Pool

DEP permit in place to double the size of the marina to 80 + slips

Significant Upside for Restored Occupancy

Total of Five Income-Producing Components Marina | Multi-Family | Restaurant | Gas Station | Convenience Store

Future Opportunity for Mixed-Use Waterfront Development

This investment is unique and offers diversified income sources in an irreplaceable High barrier to entry market

Real Estate Development Opportunity

Southeast Florida

Build 1,250 units

Fully Approved Southeast Florida Waterfront Development

RARE SITE: Located on over 3,000 feet of waterfrontage in Southeast Florida directly on the Intra-Coastal Waterway

Zoning: Planned Unit Development

Comments: 277 pristine acres located on the Water and fully entitled for 950 ready to build mixed residential units.

The property has a new $5 million dollar sky bridge w/ spectacular views upon entering the development.

Also available 46+/- Acres directly adjacent to this development fully approved for 300 units and 150,000 sq. ft. of Retail space.

Purchase price: 277 Acres- $34 Million, 46 Acres- $9.5 Million

For Sale | Charlotte, North Carolina | 2.1 Acres at Charlotte Airport

Charlotte, North Carolina

2.1 acres located at (Charlotte Airport).

Asking Price: $999,000 , Make offer

Seller will discount price 50% for a quick, all cash Deal.

Comments: The Parcel is zoned commercial and also ideally located to develop a Hotel



RV Parks For Sale



Images

Request property package

Highlights

Status:
Available
Price:
$25,000,000
 

Property Information

Property Type:
Hotel
Industry Type:
Hotel - Motel - Inn
Units/Spaces:
2500
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.