Hotel/Motel for sale in Florida

     

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CLICK HERE FOR ERN'S EXCLUSIVE LAND LISTINGS

Units Description Location Owner Financing Multiplier Price Per Unit Price
19 Independent, 10 Ocean Ft, 9 Across Street Destination, E. Fl Oceanfront Great area DB NO, All Cash N/A $131,580 $2,500,000
65 Independent, 7 story Historic Hotel Interior Corr Downtown location Barriers to Entry Yes, $750,000 4 $30,000 $2,000,000
85 Mid level Flag, leased Rest, Interior Corr SE Florida Intown Highway Location 5.5 Acres Yes, $700,000 3.25 $41,175 $3,500,000
28 Independent Motel, former APT Complex Downtown In-town Highway main RD Yes, $50,000 CLOSED $28,500 $795,000
12 Independent, Lots of room  IN TOWN HIGHWAY  In-Town Near Intercoastal Waterway Yes,$80,000 4.5 $95,000 $350,000
38 Independent HIGH ADR FLORIDA KEYS LOC Main HWY US-1 Frontage, Absentee Owner Yes, $600,000 4.25 $105,000 $4,000,000
105 Budget Franchise, close to over 100 stores Interstate, A++ Location, Great Visibility Yes, $600,000 3.5 $35,000 $3,500,000
100 Independent 2 Story, Interior Corr INTERCOASTAL IN TOWN, ACROSS ST FROM Intercoastal Yes $500,000 N/A $40,000 $4,000,000
145 Flag, Minimal PIP, located major intersection, Hi Tour Highway, Interstate Location Great Metro Yes,$1,500,000 4.25 $41,379 $5,000,000
154 Downtown  In-town business, upside new owner Hiway, Cent.FL Greater Orlando MSA Yes,$1,500,000 5 $38,961 $6,000,000

12 units Independent Motel + 2 Bedroom, 1 Bath Owners Quarters.  The property has approximately 165 Frontage on Main In-Town Highway.  Less than 200 feet from the Intercoastal Waterway, and Rose Bay.  The first Motel coming from New Smyrna Beach the property has superb frontage on 3 streets 170 feet deep.  Seperate front office area, laundry facilities, and possible expansion possibilities.  Great upside potential for aggressive owner operator.  Some owner financing/assumable financing possible, but financing can be arranged via local lending institution who is flexible, and willing to work with new buyer provided sufficient down payment.  Trailing 12 Months Room Revenue $80,000 ADR OF $35 AT A 68% OCCUPANCY - PRICED AT $350,000 US DOLLARS

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28 UNITS Independent Motel BANK REPOSESSION, The property has approximately 250 Frontage on Main In-Town Highway HIGHWAY-60 IN BARTOW, FL.  Property Address is 245 N. Van Fleet, DR. Bartow, FL IN POLK COUNTY.  This Motel property has superb frontage on 3 streets 350 feet deep over 1 Acre of land.  HOTEL FACILITY IS CURRENTLY CLOSED DOWN.  The land has a TAX ASSESSED Value of $695,000.  And has Seperate front office area, laundry facilities, swimming pool, and possible expansion possibilities.  Great upside potential for apartment complex conversion, office complex, or mixed use.  Owner financing AVAILABLE, with new buyer provided sufficient down payment, and Decent Credit.  Property is 2 Stories, 3 seperate buildings, Concrete Construction Exterior Corridor, Frame, Concrete, and roof appear to be in good condition.  Nice Base for aggressive developer, or manager.  PRICED AT LAND VALUE, WITH $50,000 OR LESS DOWN PAYMENT, OWNER FINANCING PRICED AT $795,000 OBO

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65 units Independent Motel + RESTAURANT + MEETING FACILITIES.  The property has approximately 250 Frontage on Main In-Town Highway.  Less than 200 feet from City Hall, and County Courthouse.  The Only Hotel located in the County Seat superb frontage on Main Thoroughfare.  Excellent front office area, laundry facilities, Independent Restaurant, and possible expansion possibilities.  Property is independent, and will be conveyed free of management, and franchise.  Great upside potential for aggressive owner operator HISTORIC HOTEL.  7 STORY INTERIOR CORRIDOR, Some owner financing/assumable financing possible, but financing can be arranged via local lending institution who is flexible, and willing to work with new buyer provided sufficient down payment.  Trailing 12 Months Room Revenue $500,000 ADR $35 AT A 48% OCCUPANCY - PRICED AT $2,000,000 US DOLLARS

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154 units Independent Motel BEING RENOVATED CONSTANTLY+ RESTAURANT + MEETING FACILITIES.  The property has approximately 200 Frontage on Main In-Town Highway 50 Colonial Drive.  Less than 1 Mile to Downtown Orlando.  The Hotel has a superb location 4.5 Acres of Land BEING SOLD FOR NEAR LAND VALUE.  Excellent front office area, laundry facilities, Independent Vacant Restaurant, and possible expansion possibilities.  Property is independent, and will be conveyed free of management, and franchise.  Great upside potential for aggressive owner operator RESTAURANT FACILITIES CURRENTLY VACANT.  2 STORY EXTERIOR CORRIDOR, Owner  financing, with 20% Down Payment, terms and interest rate are flexible, and willing to work with new buyer provided sufficient down payment.   POSSIBLE LAND LEASE, TERMS AND INTEREST RATE NEGOTIABLE,  Trailing 12 Months Room Revenue $1,000,000 ADR $45 AT A 53% OCCUPANCY - PRICED AT $5,500,000 US DOLLARS

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CLICK HERE FOR ERN'S EXCLUSIVE LAND LISTINGS

145 units Interstate MID-LEVEL FRANCHISE, Hotel Completely RENOVATED + NATIONAL TENANT LEASED RESTAURANT + MEETING FACILITIES.  The property has approximately 500 Frontage on Main In-Town Highway 50 Colonial Drive.  Less than 1000 Feet to Interstate.  The Hotel has a superb location 5 Acres of Land BEING SOLD FOR NEAR LAND VALUE.  Excellent front office area, laundry facilities, Restaurant, and possible expansion possibilities EXCELLENT INTERSTATE BUSINESS.  Property is MID-LEVEL BUDGET FRANCHISE, and will be conveyed free of management, and transfer of franchise Minimal PIP to new buyer.  Great upside potential for aggressive owner operator, OWNER IS PARTIAL ABSENTEE, RESTAURANT LEASED AT $50,000+ PER YEAR.  2 STORY EXTERIOR CORRIDOR, Owner  financing, with 20% Down Payment, terms and interest rate are flexible, and willing to work with new buyer provided sufficient down payment, TERMS AND INTEREST RATE NEGOTIABLE,  Trailing 12 Months Room Revenue $1,350,000 ADR $55 AT A 58% OCCUPANCY - PRICED AT $5,500,000 US DOLLARS

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85 units In-Town MID-LEVEL FRANCHISE Hotel, RESTAURANT LEASED TO NATIONAL TENANT + MEETING FACILITIES.  The property has approximately 600 Frontage on Main In-Town highway, RED HOT SOUTH EAST, FLORIDA LOCATION.  The property is situated on 5 ACRES of land, being sold for land value alone, high barriers to entry.  The Hotel has a superb location  Excellent front office area, Breakfast Area, laundry facilities, Leased National Franchise Restaurant, and possible expansion possibilities.  Property is franchised, and will be conveyed free of management, minimal PIP to new Buyer.  Great upside potential for aggressive owner operator.  2 STORY INTERIOR CORRIDOR, Owner  financing, with 20% Down Payment, terms and interest rate are flexible, and willing to work with new buyer provided sufficient down payment,  Trailing 12 Months Room Revenue $1,000,000 ADR $55 AT A 48% OCCUPANCY - PRIOR ROOM REVENUE $1,450,000 BEING SOLD FOR 3.25 X ROOM REVENUE - A STEAL AT THIS PRICE WILL NOT LAST LONG PRICED AT $3,500,000 US DOLLARS

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100 units Independent Motel BEING RENOVATED CONSTANTLY+ RESTAURANT + BAR + MEETING FACILITIES.  The property has approximately 250 Frontage on Main In-Town Highway US-1 IN MELBOURNE, FL.  Less than 1 Mile to 192.  The Hotel has a superb location 2 Acres of Land, ACROSS THE STREET FROM THE INTERCOASTAL WATERWAY, BEING SOLD FOR NEAR LAND VALUE.  Excellent front office area, laundry facilities, Independent Vacant Restaurant, and possible expansion possibilities.  Property is independent, and will be conveyed free of management, and franchise.  Great upside potential for aggressive owner operator RESTAURANT FACILITIES CURRENTLY VACANT, BAR CURRENTLY VACANT- FULL Liquor license included in the sale.  2 STORY EXTERIOR CORRIDOR, Owner  financing, with 15% Down Payment, terms and interest rate are flexible, and willing to work with new buyer provided sufficient down payment.   TERMS AND INTEREST RATE NEGOTIABLE,  NO financial Figures available as this property is LENDER OWNED, PRICED AT $4,000,000 US DOLLARS

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FLORIDA KEYS, 38 UNITS Independent Motel, The property has approximately 250 Frontage on Main In-Town Highway US-1 in the Florida Keys.  US-1 is the Main RD in Florida Keys to Key West.  Property is being run absentee for 15 years, 1 Bedroom 1 Bath Owners Quarters.  This Motel property has a superb operation with a $75 DAILY RATE great Upside for aggressive owner operator small operation with 5 employees.   Owner financing AVAILABLE, with new buyer provided sufficient down payment, and Decent Credit. Concrete Construction 2 Story Exterior Corridor, and property appears to be in good condition.  Nice Base for aggressive developer, or manager $925,000 ROOM REVENUE TRAILING 12 MONTHS.  Owner Financing, WITH $500,000  DOWN PAYMENT, OWNER FINANCING PRICED AT $4,000,000 OBO

 

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105 units Interstate BUDGET FRANCHISE, Hotel + MEETING FACILITIES.  The property has approximately 1300 Frontage on Main Interstate in Florida.  Less than 1000 Feet to 3 Different Restaurants.  The Hotel has a superb location 3 Acres of Land BEING SOLD FOR NEAR LAND VALUE.  Excellent front office area, laundry facilities, Restaurant, and possible expansion possibilities EXCELLENT INTERSTATE BUSINESS.  Property is BUDGET FRANCHISE, and will be conveyed free of management, and transfer of franchise Minimal PIP to new buyer.  Great upside potential for aggressive owner operator, OWNER IS PARTIAL ABSENTEE,  2 STORY EXTERIOR CORRIDOR, Owner  financing, with 20% Down Payment, terms and interest rate are flexible, and willing to work with new buyer provided sufficient down payment, TERMS AND INTEREST RATE NEGOTIABLE,  Trailing 12 Months Room Revenue $950,000 PRICED AT 3.5 X ROOM REVENUE ADR $35 AT A 68% OCCUPANCY - PRICED AT $3,500,000 US DOLLARS

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10 units Oceanfront Motel, + 9 Units Motel across the street from Ocean + 2 Bedroom, 1 Bath Owners Quarters.  The property has approximately 50 Frontage on the Atlantic Ocean.  9 Units Directly on Atlantic Avenue, with a view of the Ocean.  Great upside potential for aggressive owner operator.  Some owner financing/assumable financing possible, but financing can be arranged via local lending institution who is flexible, and willing to work with new buyer provided sufficient down payment.   PRICED AT $2,500,000 US DOLLARS

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ID# Units Description Location Multiplier Owner Financing Price Per Unit Price
10036 60 Hiway Location with 2BDRM Owner's Central Fl 7.2 Cash $30,000.00 $1,800,000
10021 60 2 Story Exterior Corridor, Flag, Built 1989, clean Hieay, Cent-E. Florida 3.25 Cash $36,666.67 $2,200,000
  62 Built in 87 limited service, 2 story exterior Hiway, N. Florida 3.71 Cash $29,032.26 $1,800,000
10020 64 Flag, two story exterior corridor, good visibility Hiway, Central Fl 3.00   $25,781.25 $1,350,000
10023 65 Independent, Closed Restaurant, Renovation Special Hiway, Central E. Fl N/A   $14,615.38 $950,000
10035 70 Top tourist area, across street ocean Hiway,E. Florida 3.00    $42,857.14 $2,900,000
10021 80+ 4 story interior corridor, 3 star Opened May 2001 Oceanfront, W. Florida 2.89 Cash $65,000.00 $5,400,000
10022 80+ 4 story interior corridor, beautiful, top shelf Expressway, W. Florida 3.02 Cash $57,000.00 $4,550,000
10014 84 2 Story Exterior Corridor, Independent, 3+Br Owner Intown, N.Florida 3.92    $17,857.14 $1,400,000
10013 84 Flag, 2 story Exterior Corridor, Lake Front, clean Intown, N.Florida 3.14 Yes, $800,000 DP $41,071.43 $3,450,000
10034 98 Independent, 7 Story Exterior Corridor, Excellent Oceanfront, E. Florida 3.93 Cash $66,326.53 $6,500,000
10012 84 Built 1997, 4 story Interior Corridor,Flag,$65+ADR Interstate, E.Florida 3.98 Cash $58,333.33 $4,900,000

 

ID # Units Description Location Owner Financing Mult-X Price Per Unit Price
100 Interstate Property, with Bar on over 6AC Panhandle, W. FL BACK ON MARKET 2.5 $20,500 $2,100,000
X0139 100 Top Flag's in the business, Interior Corridor 7yrs old Oceanfront, N. Florida Cash 3.00 $100,000- $10,000,000
X0118 120 2 Story Flag, Next to Outlet Mall, Clean, Upside Interstate N. Florida Cash 3.00 $30,833.33 3,700,000
X0119 120 2 Story Flag, Intersection of two roads Intown Hiway  N. Florida   3.00 $30,833.33 3,600,000
120 Top leisure Flag, 5 Story Interior Corr Destination, Cent Fl Cash 4.00 $54,166.66 $6,500,000
120 100 Units and 20 Suites, Near Airport Central Fl, Airport Cash 4.38 $50,000 $6,000,000
121 Top flag in the business, new 4 Months Intown, Hi tourist City Cash N/A $65,000 $7,865,000
X0131 128 2 Story Exterior, Meeting Facilities, Pool, Clean Hiway Central Fl Cash 3.65 $23,437.50 3,000,000
132 One of top Flag's in the business, priced right Central Fl Cash 2.67 $25,000.00 $3,300,000
135 One of the top Flag's in the business, priced right Central Fl Cash 2.3 $28,000.00 $3,800,000
X0115 310+ 3 Star, Interior, Institutional, Barriers to Entry Destination West Florida    3.62 $53,225.81- 16,500,000
X0111 1,020 Portfolio of 3 Full Service Top Shelf Hotels Orlando Area Cash 5.25 $83,333.33 $85,000,000

 

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206 Moore Avenue, Suite C, Daytona Beach Shores, Florida 32118

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Revised: JULY 1, 2009