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$ 11,670,000
Est. payment | /mo
34 Baths
$ 11,670,000
Est. payment | /mo
34 Baths
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 264453
Full Baths 34
HOA Y/N No
Property Sub-Type Hotel/Motel
Property Description
Three Luxurious Fully Renovated Boutique Inns in St. Augustine, Florida. This portfolio brings together three established hospitality properties with a combined 31 guest rooms and suites. Comprising a nine-room inn, a ten-room inn and a twelve-room inn, the collection blends historic character, distinctive accommodations and modern comforts in a popular destination for leisure and heritage travel. Offered together at $11,670,000, the portfolio reports combined net operating income of $1,087,525 for the trailing twelve months through June 2026, representing a 9.32% capitalization rate at the asking price. The properties are also available individually. Each inn offers its own guest experience, with individually appointed rooms and suites, private bathrooms and inviting common areas. Select accommodations feature balconies, porches, fireplaces or separate entrances. Together, the properties present an opportunity for investors seeking a collection of inns within one location. The images shown are for illustrative purposes only and do not depict the actual properties. To maintain seller confidentiality, property names, exact addresses, detailed financial statements and the offering memorandum will be provided only to qualified, vetted buyers upon execution of a non-disclosure agreement. For additional information and to receive the confidential offering memorandum, please contact agent.
Location
State FL
County St. Johns
Area 04
Exterior
Water Access Desc No
Building
Story 2
Level or Stories 2
Listed by Coldwell Banker Premier Properties (A1A Beach)
Schools and Properties Nearby
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