Hotels for Sale, Motels for Sale, Property, and Other Investment Opportunities by A-1 Realty

Hotels for Sale, Motels for Sale, Property, and Other Investment Opportunities by A-1 Realty
A-1 REALTY - COMMERCIAL REAL ESTATE INVESTMENTS
Properties Up To $5,000,000
Updated -

Ref # 025MM-064

Hotel Investment Opportunity

COURT ORDERED DIVORCE SALE.

PREVIOUSALLY LISTED @ $1.9M, NOW REDUCED TO $799,897. OVER A 60% DISCOUNT

Only $799,897
64 condo hotel units
Only $12,498 per key
ADR $34
RevPAR $13
Average Occupancy:39%
2 Story Hotel, exterior corridor
6 acres of fee simple land
Same owner for over 11 years

64 condo hotel units & management contract to operate the entire 152 rooms, this is a turnkey fully OPENED, operational hotel. The current owner has owned for 13 years and has always been an absentee owner. The property has the following amenities: Wireless Internet Access, 5,000 sq.ft. of Meeting Space , Outdoor Swimming Pool, Sunset Patio, 40 seat breakfast room, new breakfast kitchen, DIVORCE SALE, FIRST FULL PRICE OFFER GETS IT. DON'T CALL HOTEL OR STOP AT THE HOTEL. Email chris@a1realty.biz Serious buyers only! Don't ask for numbers until you can prove you have the funds to close. Great opportunity to flag it. Numbers are down in the area, when the economy comes back, the property should go back to it previous performance of $1.5MM in Revenue

Located 12 minutes from Disney World, Universal Studios & SeaWorld. Orlando's International Airport is located a short 18 minute drive to the Hotel. Across from a new $140 million dollar convention center. and the Houston Stadium spring training fields.

Ref # 025MM-063
THIRTY-FOUR ROOM WESTERN MONTANA HOTEL
EXCELLENT BUSINESS LOCATION ON BUSY STATE HIGHWAY
Adjacent to Subway, Taco Johns, Pizza Hut, Restaurants, Deli, Casino, Gas Stations and Shopping Mall

POPULAR WINTER SKI AREA *** NEXT TO GLACIER NATIONAL PARK

ROOMS are 14 X 24’ with full tub/shower vinyl floor bathroom and separate vanity closet area

One King, One Queen, 31 Double Queens, plus a large Knotty Pine Suite with Fireplace, all with Microwave, Refrigerator, Coffee Maker, Wireless Internet and New Phone System

Baseboard Electric Heat with Built-In 8,000 to 10,000 BTU Air Conditioners

32” Flatscreen (NEW) Cable TVs, Hardwired Smoke Detectors with Central Alarm System, Solid Core Metal Doors Exterior Corridor two-story Frame Building, T-111 Wood Siding

NEW Roof (spring 2009) Housekeeping Storage Room on Each Level, City Water & Sewer

2 Bedroom / 2 Bath Owner’s Apartment adjacent to Hotel Office includes Full Modern Kitchen, Living Room with Fireplace, and Full Basement

Electric Baseboard Heat and In-Wall Evaporative Cooler Air Conditioning

Built in 1980 * 1.173 ACRES * Room for Future Expansion

Two 8 X 16’ Wood Storage Buildings / Asphalt parking area with 48 marked spaces

1800 sq. ft. POOL & SPA Building – 1981 – with Forced Air Gas Heat, Windows along two walls

22,000 gallon Fiberglass POOL – 3’ to 7½ ‘ depth + 425 Gallon Six Person HOT TUB SPA

FULL LAUNDRY with Wascomat 75 lb. Gas Dryer and Wascomat 40 lb.Washer

Double Laundry Sink, Linen Storage and Linen Folding Table / Linens Owned

Centrally Located Vending Room with Two Soda Machines, Ice & Candy/Snack Machines

2008 Income Was $440,965 with $202,844 Net Operating Income
2009 Income Was $451,404 with $232,281 Net Operating Income
2010 Income Was $441,978 with $208,920 Net Operating Income

Asking $1,550,000

Ref # 025MM-062
Hotel Investment Opportunity
Southeast Florida

Rooms: 60	Year Opened: 1993
Stories: 2	Lot Size: 2.16 Acres, Fee Simple
Franchise: Yes	Internet: Free Wireless High Speed
Utilities: Municipal	Pool: Outdoor / Heated
Parking: Above Ground & Adequate	Corridors: Exterior / Double Loaded
Fire Alarm: Hard-Wired Smoke Detectors	Tv’s: 27” Premium Cable Channels
Hvac: Individual Ptac Units,	Roof: Mediterranean Tile
Telephones: Direct Dial	Elevators: No
Fitness Facilities: N/A	Construction: CBS
Zoning: Commercial General (CG)	Last Year Renovated 2010
Guest Laundry: Yes	EPA: No Known Issues
Restaurant: Continental Breakfast Only	Meeting Facilities: Room Available
Sprinklered: N/A	Managers Apt: Room Available
Price: $1,995,000	Room Revenue: $543,000
Key Cost: $33,250	Terms: Cash Or Possibly Assumable Mtg.

COMMENTS: A rare 60 unit National Franchise immediately available for sale in Southeast Florida. The hotel is located just minutes from the Atlantic Ocean and is adjacent to many retail/ shopping outlets, restaurants and major Mall. For detailed information, contact Chris for a Confidentiality Agreement.

Ref # 025MM-061
Hotel Investment Opportunity
16-Story Hi-Rise Hotel for only $11,241 per Unit
OWNER FINANCING WITH 30% DOWN
20,000 SF of Meeting Space

Macon, Georgia
$3,350,000

A 298 room, interior-corridor, high-rise hotel located in historic downtown Macon, GA. The Macon City Auditorium, George Music Hall of Fame, George Sports Hall of Fame, and Harriet Tubman Museum of African American History are all within walking distance. Mercer University, Wesleyan College, the Colonial Mall, and Shoppes at River Crossing are just a short drive away. The hotel boasts over 20,000 square feet of meeting space. There are also two restaurants and a lounge. There is also a four story parking garage adjacent to the building and an outdoor pool that which has only been open on a seasonal basis. The 16 story structure also has visibility from Interstate 16 and is just minutes away from Interstate 75, the primary route for traffic between Atlanta, Savannah, and Orlando. This location provides an unique add value opportunity either through either renovation and more efficient management or through re-franchising and repositioning this closed down Hotel.

For more information and a Confidentiality Agreement, please contact: Chris

Ref # 025MM-059
Located just steps away from the Atlantic Ocean in Southeast Florida
$995,000

Click on an image to enlarge

13 units Extraordinary, beautiful Motel. The hotel is in excellent condition and has fabulous curb appeal. This 13 unit motel was completely renovated in 2007 and meets new hurricane construction codes. Located just steps from the Atlantic Ocean, famous fishing and surfing destinations and State Park. The asset produced over $140,000 in room revenue and had over a $94,000 Net Income for the last 12 month ending period for 2010.

This operation hums and has very Low overhead. A great starter Property in a hi-occupancy, established location.

For detailed information and Financials, please contact CW Underhill for a CA Agreement.

Ref # 025MM-057
Hotel Investment Opportunity
SBA Loan Possible with 20% down payment

71% Occupancy @ $64.33 ADR (T-12)

Price - $1,950,000

Beautiful Oceanside Hotel

This 3-story, 23 unit Hotel is a Florida barrier island hotel with a two-story beachhouse sitting on .6 acres. Hotel is in great shape and beautiful. $1 million was spent in 2005/2006 by the previous owner who rebuilt it after the hurricane.

Seller has spent close to $85,000 on renovations in 2009, 2010 and YTD 2011 so its in great shape. Also Seller installed a new Ilco Kaba lock system and door locks, new satellite system, new kitchen and breakfast area, renovated exterior and interior of beachhouse, FF&E and new beds, replaced 60% of HVAC units, new linens, bedspreads and bedscarves, hotel exterior upgrades, new guest laundry room and new commercial laundry room with new washer ($10K) as well as other improvements. There is also anew 72 SF wall sign being installed in a couple weeks at a cost of $5K. The elevator is in excellent condition and is maintained by Thyssen Krups.

There is limited room supply with high barriers to entry for this location, growing room demand as economy recovers and due to new developments like the $53 million Federal Courthouse currently under construction, the expanding Harbor Branch Oceanographic Institute facility, St Lucie Power Plant and growing repeat business to name a few. There are numerous museums nearby including the Smithsonian Ecomuseum, the Navy Seals Museum, the Manatees Observatory, AE Backus Gallery etc... and of course the beach and the inlet and tons of state parks...

The Hotel just received it’s restaurant food license and currently serve a complimentary hot breakfast. Hotel is approved for 49 seats on the patio if Buyer wants to do restaurant with a bar, which is additional upside.

Total units on property is 20 in the hotel and 4 in the beachhouse. Seller converted one of the one bedroom suites in the hotel to a kitchen and breakfast room. Seller recently cut a deal with their housekeeper to be the night manager as well. She is occupying a 2 bedroom unit on the beachhouse. Thus the room count Seller is working with moving forward is 22 rooms, 19 in the hotel and 3 in the beachhouse. Of course a Buyer can change this arrangement and have 23 rooms/suites to sell.

The physical room count is as follows

Hotel	18 Hotel Rooms and 1 One Bedroom One Bath Kitchen Suites
Beach House	4 Two Bedroom Kitchen Suites (700 SF each)

Potential financing is available for this hotel with a SBA 7A program or even the USDA loan program would work too. A buyer should be able to get 80% financing.

The Hotel name is owned and will transfer with the hotel as well as the website and domain name etc.

Seller uses a reservation booking company called Travelclick, which specializes in providing GDS access to independent hotels. Its a $200/month minimum cost plus booking fees. The Hotel is now tied into 700,000 travel agents, all the GDS systems and all the third party internet companies. When Seller purchased the hotel, the hotel wasn't online at all. It previously built its business solely on its incredible reputation. The hotel has a very, very strong following. They are also the only hotel in the area recommended by Lonely Planet they get a lot of European travelers.

The hotel has done $335K (excluding all sales tax) in Room Revenue for the 12 months ending December 2010. There is tremendous upside in occupancy & rate as the economy improves & more hands on management. Room Revenue in Jan 2011 was $13K higher than last January and February 2011 will be $7K higher. Thus, T-12 Feb 2011 Room Revenue is $355K and climbing. The Hotel is budgeting $400K for 2011. Expenses won’t really increase much as most of it is fixed expenses so any increase in revenue would pretty much go to NOI. Hotel financials are available for review upon acknowledging a Confidentiality Agreement. Please note that Apt B is being used by the housekeeper for free so Seller is really operating 22 units not 23. Thus T-12 Feb 20, 20011 Occupancy is really 71% (5,677/8,030), ADR is $64.33 and RevPAR is $45.48. There is plenty of upside as Hotel hasn’t stabilized yet.

The Hotel also generates $800 to $1200 a month in other income from laundry, vending, smoking fees and pet fees.. roughly an additional $10,000 to $15,000 or so a year...

The General Manager can stay or go. She watches the hotel and covers some shifts. The housekeeper is $250 a week (plus Apt B) and the three part time front desk employees are $7.25 an hour, respectively. Seller pays the maintenance person by the hour when needed which is roughly 15 hours a month at $10 an hour. The property hums and pretty much runs itself. Seller only visits the hotel once a month for 2 days to do their accounting.

Seller just invested $3,000 in Hotel logo merchandise which they will begin selling online this week and at the hotel (like a gift shop). They have around 15,000 and guests annually so its a big crowd and many request souvenirs, shirts, hats, beach towels etc...

The 70-room Dockside Inn just closed 41 rooms about a month ago, which is 1 of only 2 competing hotels on the island. They closed these rooms due to parking zoning issues due to the new streetscapes being completed by the city on the island. They will continue to run their very successful On the Edge Tiki bar and restaurant, about 29 hotel rooms, the dock rentals and increased boat parking. The 41-room guestroom buildings have already been demolished.

This is an awesome opportunity for an owner/operator. This would free up another 2 bedroom suite to rent and save more of the payroll. Please contact me with any additional questions.

Ref # 025MM-056
Hotel Investment Opportunity

PRICE REDUCED TO $850,000

29 Unit Motel with over 600 feet of frontage on US Federal Highway in Ft Pierce Florida

$16,000 per month gross income

Ref # 025MM-054
Hotel Investment Opportunity
Southeast Florida

Units: 120 Year Opened: 1972

Stories: 2 Lot Size: 2 Acres, Fee Simple

Utilities: Municipal Pool: Outdoor Pool W / Tiki Bar

Parking: Ample / Above-Ground Corridors: Double-Loaded Exterior

Franchise: Choice Hotels Electronic Locks: Yes

Fire Alarm: Hard-Wired Smoke Detectors Tv’s: 25”

Telephones: Direct Dial Elevators: No

Laundry:2 Commercial Washers 3 Commercial Dryers Construction: Concrete Block/Stucco

Zoning: B-2 Commercial Last Year Renovated: 2009

Guest Laundry: Yes Epa: No Known Issues

Restaurant: Leased Meeting Facilities: Yes

Hvac: Individual Thru-The-Wall Units Roof: Built-Up

Managers Apartment: N/A Sprinklered: N/A

Revpar: N/A Condition: Excellent, (No Pip Expected)

Room Revenue: $1,338,348 Price: $4,000,000

Price: $4,500,000 Owner Will Finance

Comments: Landmark Location Florida’s Treasure Coast. The Hotel Has Recently Undergone An Extensive Renovation To Reposition The Hotel To The Clarion Flag. There Is No Pip Expected For The License Renewal.

Ref # 025MM-053
Hotel Investment Opportunity
Ocala, Florida
BRING OFFERS

Units: 100	Year Opened: 1973
Stories: 2	Lot Size: 4 Acres, Fee Simple
Utilities: Municipal	Pool: Outdoor Pool
Parking: Ample / Above-Ground	Corridors: Double-Loaded Exterior
Franchise: Confidential	Electronic Locks: Yes
Fire Alarm: Hard-Wired Smoke Detectors	TV’s: 27”
Revpar: $16.42	Condition: Excellent
Oar: 32.1 @ $51.19	Price: $1,850,000

COMMENTS: The hotel is conveniently located close to all Central Florida Attractions. The Facility is located at the main gate of Silver Springs Natures Theme Park and Wild Waters. Ocala is surrounded by some of the most beautiful horse farms in the world, the Silver Springs Attraction with its famous glass-bottom boats, and the Ocala National Forest. The Hotel is approximately an hour's drive to either coast or to the attractions in Orlando, within minutes to The Villages and Ocala Breeders Sales, Appleton Museum and convenient to many other attractions, Museums and restaurants.

Ref # 025MM-047
Oceanside Hotel Investment Opportunity
Profitable Boutique Hotel Overlooking The Ocean

Units: 23 (Includes Four 2-Bdrm, 1 Bath Apartments)	Year Opened: 1987
Stories: 3	Lot Size: ½ Acre +/-
Utilities: Municipal	Pool: N/A
Parking: Ample /Above Ground	Corridors: Interior
Condition: Aaa/3-Diamonds, Mobil/3-Stars	Internet: Free Wireless High-Speed
Price: $1,900,000	Terms: Cash Or New Financing/Sba Possible
Gross Room Revenue: $300,000 (Thru 10 Months)	Net Income: $150,000

COMMENTS: A profitable Oceanside Boutique hotel offered turnkey and ready to take over. The Resort is enjoying the financial rewards of a beautiful renovation. This Hotel is absentee owned and a cash cow for an onsite owner operator. ** Very low overhead ** Ownership has applied for a Liquor License which will significantly increase the profitability of this Resort. Please contact Chris Underhill at (772) 971-7650 for more information.

Ref # 025MM-041
7-unit Foreclosure
St Lucie County Florida
Seven Condominiums & Entitled Lot

Click on pic to enlarge

PRIVATE OWNER WILL FINANCE
Price is Negotiable

UNITS: 7 Condominiums	CONSTRUCTION: CBS
UNIT BREAKDOWN: 2 bedrooms, 2.5 baths	STORIES: 2
YEAR BUILT: 2007 (NEVER LIVED IN)	PRICE: $1,350,000 (includes buildable lot)
CONDITION: Brand new	UTILITIES: City
PARKING: Ample	POOL: Community
FISHING PIER: Yes	FURNISHED: Kitchen appliances
Comments: Lender foreclosure. A 7-unit Condominium and entitled lot that can be developed with another 6 Condos, 3 stories high. These units are brand new and have never been lived in. This property is located in a resort atmosphere along the Indian River and just 5 minutes from the beach. Please note the Lender will finance this purchase to a qualified Buyer. For more information, please contact Chris Underhill @ (772) 971-7650.

Ref # 025MM-037
Hotel Investment Opportunity
Southeast Florida

Owner Financing

Units: 36	Year opened: in stages through1980
Stories: two 1-story & one 2-story buildings	Lot size: 1.27 acres, fee simple
Utilities: municipal	Pool: n/a
Parking: ample with truck parking available	Corridors: exterior
Franchise: choice hotels	Electronic locks: yes
Fire alarm: hard-wired smoke detectors	Tv’s: 25” cable/satellite tv
Telephones: direct dial w/voice mail/dataports	Elevators: no
Laundry:2 commercial washers 2 commercial dryers	Construction: masonry
Zoning: commercial (3900)	Last year renovated: 2005
Guest laundry: n/a	Epa: no known issues
Restaurant: limited service	Meeting facilities: room available
Hvac: individual thru-the wall units	Roof: flat/new (all roofs replaced in 2005)
Managers apartment: 3 bedrooms, 3 baths	Lounge: no
Sprinklered: n/a	Condition: immaculately maintained
Terms: Owner Financing With $350,000 Down	Price: $1,300,000

COMMENTS: An immaculately maintained franchised hotel on Florida’s Treasure Coast. Ideal opportunity for an owner operator, and has a three bedroom, three bath owner’s residence. No PIP required for franchise transfer to buyer. Please contact Chris Underhill for more information (772) 971-7650.

Ref # 025MM-036
Hotel Investment Opportunity
Melbourne Area, Florida
Bring all offers - Seller Motivated

Rooms: 79	Year opened in stages
Stories: two	Lot size: 2.65 acres, fee simple
Utilities: municipal	Pool: outdoor
Parking: above ground	Corridors: interior & exterior
Franchise: vantage	Electronic locks: yes
Fire alarm: hard-wired smoke detectors	Tv’s: 25” color satellite
Hvac: individual through-the-wall units	Roof: pitched asphalt shingle
Telephones: direct dial w/ voice mail & dataports	Elevators: no
Laundry: 3commercial washers/2 commercial dryers	Construction: masonry
Zoning: commercial (3910)	Last year renovated: continuous
Guest laundry: coin-operated	Epa: no known issues
Restaurant/lounge: limited service	Meeting facilities: n/a
Managers apartment: room available	Price: $1,500,000 make offer
Condition: AAA 3-diamond	Terms: owner financing w/$500k down

REMARKS: A rare interior corridor hotel with huge oversized (420 square feet) rooms with spacious balconies or patios that overlook the courtyard or the outdoor pool. The Hotel is located on Florida’s Space Coast and is close to the Ocean, Orlando and is just a few miles from NASA’s Kennedy Space Center and Cape Canaveral. Additionally, the property is 15 minutes from Melbourne International Airport. Caution: Employees not aware of sale, please contact Chris Underhill for more information.

Ref # 025MM-035
Hotel Investment Opportunity
Port St. Lucie, Florida

Owner Financing with $100,000 down

Units: 13 Full Efficiencies (Includes Mgr. Apt)	Year Opened: In Stages Through1990
Stories: 1-Story	Lot Size: 1.2 Acre, Fee Simple
Utilities: W & S	Pool: Room Available
Parking: Ample	Corridors: Exterior
Franchise: Non-Affiliated	Electronic Locks: No
Fire Alarm: Battery-Operated Smoke Detectors	Tv’s: 25” Satellite Tv
Telephones: Manager Only	Elevators: No
Laundry:2 Commercial Washers 2 Commercial Dryers	Construction: CBS
Zoning: Commercial (3900)	Last Year Renovated: 2006
Guest Laundry: Yes	EPA: No Known Issues
Restaurant: Limited Service	Meeting Facilities: No
Hvac: Individual Thru-The Wall 8,000 Btu Units	Roof: Metal (New, Replaced In 2006)
Managers Apartment: 3 Bedrooms, 1 Bath	Lounge: No
Sprinklered: N/A	Condition: Very Good
Room Sales: $120,000	Price: $490,000 price reduced
	Terms: Present Us Offers

COMMENTS: Excellently maintained hotel. This is the only “Mom & Pop” hotel operation in all of Port St Lucie! If you’re not staying in the Holiday Inn, Hampton Inn, Best Western, Hilton Garden, Springhill or Mainstay Suites, you will be staying here. There is very good upside in converting the hotel over to nightly business. This hotel does zero advertising. No Yellow Page Ads, no Internet, even no Sign! Come capitalize on this opportunity to realize high gross sales with very low overhead.

Ref # 025MM-032
Development Site for Sale
Orlando, Florida
SELLER MOTIVATED

Location:	4000 International Drive Orlando, FL 32819
Zoning:	AC-3
Description:	Located on I-Drive next to the Prime Outlet Mall and very close to the Millenia Mall. Once completed, the Hotel will have I-4 visibility. All infrastructure is finished and all architecture work is done. Site is pad ready and has franchise approval for 184 room Cambria Suites. The hotel will have I-Drive signage.
Site:	2.75 Acres
Price:	$3.9 Million-Reduced - $200,000 down payment, seller will hold second

South East hotel sales - many hotels and motels for sale
Long Term Triple Net Investment Properties, Gas Stations and Convenience store / Gas Station combos.

Sellers - Looking to sell ?
Call us
Southeastern I-95 Corridor Specialists
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MONEY FOR THEIR PROPERTIES.
Hotel / Motel and Commercial Real Estate Brokerage
Need help with financing ?
Call us, We place commercial loans ! !

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** A-1 REALTY ARE TRANSACTIONAL BROKERS **

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Hotels & Motels for Sale, Property, Land,
Land Development, and Other Investments by A-1 Realty
A-1 REALTY - COMMERCIAL REAL ESTATE INVESTMENTS

A1- Realty specializes in Florida hotels for sale, Florida motels for sale, motels, hotels, inns, FL hotels for sale, FL motels for sale, FL water frontage, Florida land, Florida real estate, investments property, gas station investments, gas stations, service stations, high-end residential properties, land, long term triple net property, triple net property, NNN, triple net properties, ocean development properties, ocean front, ocean property, port saint Lucie homes, real estate, real estate agent, residential, resort investments, resorts opportunities, rooms, treasure coast, water access, Waterfront Lots, Waterfront property, acreage, ranch, ranches, businesses for sale, Residential Acreage, commercial real estate, and development land for sale