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Florida Hotel & Manager Apartment For Sale

Yulee, Florida, US
Asking Price:
$4,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$616,850
Cash Flow:
$616,850

56 Room Florida Hotel
For Sale By Owner
With Rent To Own Option!
Price Listed is the Reduced 1st Year Rental Rate

Includes 52 Guest Rooms + 4 Room Manager Apartment, Lobby, Outdoor Pool, Breakfast room, Conference room, and Parking lot.

Rent Option #1
Rent Florida Hotel + Manager Apartment
5 year Triple Net Lease
Rent Reduced 50% For 1st Year
$4,000 / Per Month

Buy It Option #2
$150,000 Down Payment
Owner Financing for 5 Years With 5% Interest Only Payments
Interest-Only Payments With Balloon Final Payment
Price is Only Negotiable With a Larger Down Payment.
Total Price $3,000,000

Closed 2.5 years due to owner relocating.
Last Renovated in 2015 With Updated Plumbing, Electrical, RFID Locks Etc.
Renovation Needed again includes updating Fixtures, Furniture & Equipment.
Potential Annual Revenue Per Guest Room= $25,000+
Based on $70/nightly rate
Guest room size is 12ft x 24ft =288 square feet

Do You Want To Buy The Best Priced Property For Sale in Florida?
You found it, Florida is the #1 Tourist Destination and this Hotel is located at the 1st Exit in Florida off the I-95 Highway. This Hotel Is The Best Real Estate Investment In The USA!
Start Your Own Resort in Sunny Florida.

Due to the amount of interest I receive about this opportunity please review the full details before contacting me. Thank you in advance for understanding.

For photos and details please contact the seller through the form on this page.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

4 Bedroom Manager Apartment onsite. E2 USA VISA Eligible!

Location:

More than 80,000 cars drive by daily along I-95 Highway.
The hotel is located in Florida at the 1st exit in Florida off the I-95 Highway.
1st Property in the State of Florida!

Premises Details:

The Hotel sits in the middle of a master plan approved development that has started a few years ago.
Easy to convert into a resort or corporate retreat.
Choice Hotels is offering a Clarion Inn or Quality Inn franchise at this location.

Size in square feet:
25,000
Planning Consent:

Potential to build an RV parking lot or build a gas station with a fast-food franchise on the property using the extra land. New Signage could also be installed onsite with the existing pad and electricity connection.

Business Operation

Expansion Potential:

GAS STATION EXPANSION or RV Parking expansion opportunity

Competition / Market:

No competition for 7 miles in all directions. Due to recent developments nearby the traffic, ADR and occupancy rates will continue to increase.

Reasons for selling:

The owner relocated after completing renovations. The hotel is eligible for an E2 USA VISA!

Trading hours:

24/7 operation since its a hotel. limited opening hours is possible but not recommended since it is a hotel.

Employees:
0 (closed currently due to owner relocating)
Years established:
2014-2018

Other Information

Support & training:

E2 USA VISA Eligible!
The owner offers paid training available.

Financing available:

Rent To Own Option & Interest-Only Payment Plan!
The hotel revenue will practically pay for itself if you follow my suggestions, complete deferred maintenance needed, and join a Choice franchise.

Furniture / Fixtures value:
$10,000 - included in the asking price
Inventory / Stock value:
$100 - included in the asking price
Website:
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Related Documents:

Contact Seller

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