1.44 Acres in Saint Augustine, FL - $7,895,000
Hotel/Motel - St Augustine, FL
Your Next Business Acquisition,Primed For Growth (with The Hard Part Out Of The Way) Revamped,Rebranded,And Revenue-generating: Your Next Success Story Guided By A Hotel Industry Veteran,This Former Rehabilitation Center Underwent A Nine-month Renovation Starting In August 2022,Completely Overhauling Both Interior And Exterior. Since Opening In May 2023 As Bliss By The Sea,The Hotel Has Accumulated Over 1,000 5-star Reviews Across Google,Booking.com,Airbnb,And Other Platforms. In Addition To Being A Top-ranked Property On Otas,The Hotel's Organic Traffic Has Grown To Over 6000 Users Per Month Within 1-year And Continues To Climb. When Compared To A Costar/Str Report,The Average Room Rental Rate For 2024 Is Above The Median Revpar Of Competitors In The Area. With A Strong,Established Foundation,We've Set Up The New Owner For A Home-run.,Turnkey Operation - Advanced Technology Allows Y...
Your Next Business Acquisition,Primed For Growth (with The Hard Part Out Of The Way) Revamped,Rebranded,And Revenue-generating: Your Next Success Story Guided By A Hotel Industry Veteran,This Former Rehabilitation Center Underwent A Nine-month Renovation Starting In August 2022,Completely Overhauling Both Interior And Exterior. Since Opening In May 2023 As Bliss By The Sea,The Hotel Has Accumulated Over 1,000 5-star Reviews Across Google,Booking.com,Airbnb,And Other Platforms. In Addition To Being A Top-ranked Property On Otas,The Hotel's Organic Traffic Has Grown To Over 6000 Users Per Month Within 1-year And Continues To Climb. When Compared To A Costar/Str Report,The Average Room Rental Rate For 2024 Is Above The Median Revpar Of Competitors In The Area. With A Strong,Established Foundation,We've Set Up The New Owner For A Home-run.,Turnkey Operation - Advanced Technology Allows You To Manage Every Aspect Of The Business Effortlessly: - Guests Book Rooms Directly Through Various Otas And Receive Codes Automatically - Hard Physical Key Backups Ensure Continuity In Case Of Technological Disruption - Centralized Control And Automated Reporting For Room Access,Hvac,And Pool Systems - Gm With A Technology Industry Background Has Built The System For Immediate Handoff - Reliable Cleaning Staff In Place - Kitchen Leased With Breakfast Prepared Daily By A Professional Chef Huge Potential For Value Add - Open The Third-floor Penthouse Suite And Rooftop For An Instant Jump In Revenue - Currently Staff-occupied With Five Additional Bedrooms - Potential To Rent As Individual Rooms,As A Master Penthouse Suite,Or For Events - Rooftop Offers Panoramic Views Of Crescent Beach And Matanzas River - Comparable Rooftop Event Venues Charge $3,000-$5,000 Per Event,Not Including Room Rentals Strong Financial Performance: - Average Room Rental Rate Currently Above Median Revpar Of Competitors (costar Analysis) Experience The Perfect Blend Of Coastal Charm And Modern Luxury At Bliss By The Sea Hotel – A Sought-after Hotel For Travelers And An Home-run Investment Opportunity For The Right Buyer.
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