Please visit the property prior to making a binding offer:
The hotel has a blue roof.
852380 US HWY 17
Yulee Florida 32097
Step 1: Schedule a Phone Call
The phone call is necessary to finalize the terms and conditions of the sale. All up to date information available is shared on this website.
Step 2: Email Proof of Funds
Proof of funds must be from a recognized financial institution such as a bank statement or brokerage statement. A qualified buyer will need to show a minimum proof of funds of $500,000.
Step 3: Sign the contract, pay & transfer the title
3. How to schedule a phone call?
All available information is updated and shared on this website.
4. Is the sale price negotiable?
It is currently priced substantially below comparable properties.
ALL Cash Offers Must Include Proof of Funds.
We do not respond to offers without proof of funds.
5. How do you schedule a showing to visit the property?
You are welcome to conduct a drive by anytime.
We are no longer scheduling any showings.
852380 US HWY 17
YULEE, FLORIDA 32097
6. Do you have financials available for review?
Hotel is closed so their are no actual financials. You may review proforma financials based on a STR Trend Report at the top of this site.
7. Is the hotel open or closed?
The hotel is closed since 2019 due to the owner relocating.
It requires a full renovation.
8. What is the estimated renovation cost?
We estimate the cost to be approximately $5,000-$10,000 per room.
A franchise may have higher standards. It may take 6+ months to renovate depending on your contractors experience.
You should have sufficient funds to renovate the property.
9. How is the neighborhood?
The city of Yulee, FL is one of Florida's fastest growing cities.
This location will only increase in value as traffic continues to grow.
Millions of cars commute past this hotel annually using the I-95 Hwy.
Nassau County, FL has approved 24,000 acres to be redeveloped and this hotel is in the middle of that development.
10. How much are the real estate taxes?
Property taxes are $3,000 annually for the 56 room hotel.
11. How far is the closest airport?
Jacksonville International Airport (JAX) is 15 minutes away by car.
12. How many rooms are for sale?
56 room hotel in 1 building. This building is around 25,000+ square feet.
includes an outdoor pool, conference room and breakfast area.
13. How large are the rooms?
All room sizes are 12 feet wide X 24 feet length = 288 square feet
The dimensions include the restroom.
14. What is the current condition of the hotel?
The hotel is closed and vacant since 2019. It is not turnkey ready. Plumbing, electrical etc needed.
The buyer is responsible for all renovation expenses.
The buyer will pay for all Fixtures, Furniture & Equipment.
15. Do you have photos?
The photos below were taken prior to the hotel closing in 2019.
16. Is this eligible for an E2 USA Visa?
Yes it is. Please contact a lawyer that specializes in E2 USA Visa immigration.
17. Is the hotel franchised currently?
No, it is not franchised. It is currently closed.
18. Where is the proforma financial data from?
A custom STR Trend Report was prepared just for this property.
Refer to question/answer #37.
19. Are actual financials available for review?
20. Do you require all rooms to be renovated at once?
No, you can open the hotel a few rooms at a time or all at once. This is our personal opinion and may not reflect franchise standards.
21. Which hotel franchise brand is available at this location?
Franchise options available are from Choice Hotels, Wyndham Group, Motel 6 or Red Roof Inn. Please contact franchisor directly for details.
22. Can you buy the 56 room hotel fully renovated?
Yes for $3,000,000. No financing available.
23. What is a Contract For Deed?
In a contract for deed transaction, the property in question is transferred from seller to buyer without the involvement of a third-party lender, such as a bank. Instead, the buyer makes their payments directly to the seller.
The two parties agree in advance upon the property purchase price, the down payment, the interest rate, the amount of each monthly payment and the length of time within which the purchase will be completed. Once agreed, the buyer takes possession of the property, but the seller retains the property title until the final payment has been made and the sale is fully executed. This type of sale offers flexibility, giving both parties the option to tailor the terms of the transaction. A contract for deed sale will include a balloon payment at some point along the payment schedule, usually toward the end.
24. How long is the due diligence period?
Property is being offered as-is. Please conduct all due diligence prior to submitting a binding offer.
36. Does demand exists for a hotel at this location?
Yes, millions of cars drive past this hotel annually.
It is located at the 1st Exit in FL off I-95.
The Ritz Carlton Amelia Island & Omni Amelia Island Resort nearby, both employ over 500 hospitality workers.
New hotels are being built nearby. The Marriott Fairfield Inn & Hilton Hampton Inn are both currently under construction 1 exit south of this hotel.
37. What is the Average Daily Rate nearby?
$111 based on STR Data
38. What is the Occupancy Rates nearby?
76.6% based on STR Data
39. What is the RevPAR?
85.43 based on STR Data
42. Do you work with Brokers or Realtors?
43. Why have you not responded to my offer?
You likely did not get a reply to your emailed offer because you did not provide proof of funds. Proof of funds must come from a recognized financial institution. Response times to offers are usually within 72 hours.
50. How far is the Beach?
Fernandina Beach / Amelia Island is 20 minutes away by car.
The Ritz Carlton & Omni Amelia Island Resort are located there.
52. Is this offer a scam?
No. If you are skeptical then hire a lawyer to conduct your due diligence. This offer really is too good to be true.
55. Why should I buy this property?
Florida has the hottest housing market in 2022.
Stop commuting to work daily!
This is your best chance to live & work in Florida.
This is A Once In A Lifetime Opportunity!