HOTEL FOR SALE IN ANTIQUE CASTLE OF THE 1600' 22 keys
FOR INQUIRIES CONTACT : ANGELOMANCINIGENERAL@LIBERO.IT
1. 180sqm dining room (160 seats)
2. 50sqm reception hall
3. Toilet for women, men and the disabled
4. Internal courtyard of 500sqm with a portico of fine medieval architecture of 130sqm in Lecce stone with view breathtaking
5. Kitchen environment of about 80sqm with super modern equipment and the production capacity of 1000 meals/hour, complete with cold rooms for meat, vegetables, and fish, with food storage and personal bathrooms
6. N.20 rooms-ACCOMMODATION of ca .30sqm each, with exposed vaults from Lecce, all with exclusive bathroom complete with whirlpool tub with a total capacity of about 80 beds
7. Company mill of approx. 180sqm located 300m from the first main building with barrel vaults from Lecce at the sight of fine workmanship, complete with modern machinery for cold milling of olives, plus n.2 toilets in accordance with
8. Rural building annexed to the mill (farmhouse) of approx. 50sqm with vaults in Lecce not yet restored
9. Company land of about 10,00 hectares all facing the road, delimited and infrastructure with dry stone walls of fine workmanship.
10. N.1 artesian well with electrical automation system of the inexhaustible water source, with storage in n. 2 cisterns and a sorting service water system consisting of 4 stainless steel tanks with electronic control able to satisfy the whole center with constant
y self-sufficient by means of a photovoltaic roof covering
One of a kind Art Deco Spanish Gated Building with lush tropical gardens. Private Parking and Potential for development included with this unique South Beach Property. Property has 12 one bedrooms and one studio. Great opportunity! Sale includes both buildings 735-745 Meridian Avenue. THE HEART of South Beach, Meridian Avenue is intersects the Island of South Beach directly, North and South. Between 7th and 8th Streets on Collins Avenue, just a few short blocks east of the property, is home to world Class shopping with boutiques such as Banana Republic, Kenneth Cole, Urban Outfitters, Versace, Diesel, Quicksilver, and more!
4 story modern town house built by Todd Michael Glaser, designed by Chad Oppenheim. 9 bedrooms, 6 full bathrooms, 2 half bath, 2 rooftop decks with heated spa, 2 story living room, 2 3rd floor terrace, 2 elevators, 2 gourmet kitchens, 4 car garage. 10,263 sq ft under ac. Impact windows and doors.
Oceanfront Daytona Hotel, Economy/Limited Service, 2011 S. Atlantic Ave, Daytona Beach Shores, FL DIRECT OCEAN FRONT 40 Unit Motel! 20 of the units have kitchens. Owners are retiring and have ran this hotel on a VERY part time basis. Approximately 105 square feet per unit… Tike Bar next to the OCEANFRONT Pool for greater upside. 3 floor no elevator, exterior corridor – plus 3 lock off units. Buy and hold now and then build your own high rise condo if you so desire. Tropical landscaping. 0.42 acres of prime Oceanfront land in Daytona Beach Shores. Plenty of stores nearby. Only 1.2 Miles from the new Hard Rock Hotel & the Russian project. ADR is only $77/night blended average; run part time yields a gross of $210,000 and a net of $100,000. BUT run full time with the same verifiable ADR of $77 and 65% occupancy yields a gross of $758,855, net of $259,000 and a CAP of 11.3% 3 year outlook with Same low ADR of $77 and recession occupancy of again 65% yields a net of $366,408 and a CAP of 16%. The current 2014 P&L is attached. Please download the PDF
The hotel is located just steps from one of the nation’ s most sought after beaches and the prestigious Bal Harbour shops. Bal Harbour shops is the highest ranked mall in sales per square foot in the world. The area draws tourists from all around the world to vacation.
The 2014 report shows $556,000 in gross revenue and $359,000 in operating expenses. The current cap rate on and all cash purchase of $5,570,000 is 3.53%. This is based on the revenue from mostly online bookings at a $118.16 ADR and RevPAR of $72.61. The current market ADR for competitive properties is $135/night. Through an estimation of current booking rates, the ADR is estimated at $138.69. The increased occupancy is estimated at 70% occupancy. Additionally, by renting the manager’ s unit, the net income would increase to $360,096, which would represent a 6.46% pro-forma cap rate. The property has an ample courtyard that could be used as an outdoor restaurant for additional income.In 2014 the 8 studios were offered at $80/night and current bookings for 2015 are $100/night. In 2014 the 13 suites were offered 21 suite Sorrento Villas in Miami Beach, FL. The hotel is located just steps from one of the nation’ s most sought after beaches and the prestigious Bal Harbour shops. Bal Harbour shops is the highest ranked mall in sales per square foot in the world. The area draws tourists from all around the world to vacation.
An incredible property located right on N. Ocean Blvd. just steps away from the Beach. This complex is immaculately kept.The property should be run as a motel and then it would have a very high cap rate but there are some long term rentals. Best priced motel per unit in Lauderdale by the Sea. The cap rate is a pro forma.
Take I95 to Atlantic Blvd. Go east to S. Ocean Blvd./A1A. Go south to property.
Net Operating Income $240,000
code for : MIAMI , MULTIFAMILY FOR SALE
code for MIAMI , MILTIFAMILY SALE PRICE
code for MIAMI , MULTIFAMILY units available for sale
The iconic Temple House – spectacular venue for major corporate and celebrity events, exciting film and television productions. Completely renovated 13,111 SF, 2-story landmark Art Deco building on a double corner lot. Features a 6,000+ SF grand room with 25 foot high ceilings and mezzanine, 2,600 SF private catering space/staging area, 2,400 SF sundeck with pool and waterfall on 2nd level. The unique 5-bedroom mansion with elevator and 2-car garage is a licensed event and catering facility accommodating up to 673 guests. The property also has a hotel bed and breakfast license. SUCCESSFUL OPERATING BUSINESS! Multimillion dollar income potential from multiple income streams. South Beach – Close to Lincoln Road, Ocean Drive, and the beach, shops, and restaurants.