Hotel Development Opportunities
Hotel Development Opportunity
Fort Lauderdale Beach Location
Entitled Hotel Site located in a 200 RevPAR market
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.
Bradenton Sarasota Florida Location
Built in 2005 and owned by the original developer
$1,054,144 Net Income
Competitive advantage: Energy efficient hotel, very low utility bills
Cracker Barrel Restaurant located adjacent
Ramada Inn South Florida
5 Acre Parcel
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
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
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
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
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
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.