Read this website in full prior to scheduling a phone call.
Please respect the owners time if you want this deal.
We receive many inquiries about this property and will only respond to qualified buyers.
3 Simple Steps to Buy The Hotel
Step 1: Schedule a Phone Call & email proof of funds
Step 2: Email Offer with Proof of Funds
Step 3: Sign the contract, pay & transfer title
Step 1: Schedule a Phone Call and email Proof of Funds
No Proof of Funds = No Phone Call
The phone call is necessary to finalize the terms and conditions of the sale. All information is up to date and shared on this website.
Step 2: Email Offer & Proof of Funds
All Offers Must Include Proof of Funds.
We Do Not respond to offers without 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 that reflects their cash offer.
Step 3: Sign the contract, pay & transfer the title
________________________________________________________________________
3. How to schedule a phone call?
No Proof of Funds = No Phone Call
All available information is updated and shared on this website.
4. Is the sale price negotiable?
If you want to pay less you will receive less.
Comparable hotels are selling for $60,000-75,000 per key in Florida.
It is priced substantially below comparable properties.
It is the lowest priced hotel for sale in Florida on a per room basis.
This is The Best Deal in Florida!
Offers received without proof of funds will not receive any response.
5. How to schedule a showing?
You are welcome to conduct a drive by anytime.
We are no longer scheduling any showings.
I suggest driving by the property prior to making a binding offer:
The 100 room hotel faces the exit ramp & has a red roof.
No Trespassing Permitted.
Hotel Address:
852374 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. Why is the hotel closed?
The hotel was closed by the owner in 2019. The owner retired early after running this business and you can too!
8. What is the estimated renovation cost?
We estimate the cost to be approximately $5,000-$10,000 per room.
9. How is the neighborhood?
The city of Yulee, FL is one of Florida's fastest growing cities.
20 minutes to Beaches
20 minutes to Jacksonville Airport
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. What are the 100% Owner Financing terms?
Buyer will be responsible for all expenses including but not limited to: prepaying annual property taxes, insurances, licenses, all renovations etc.
No Down Payment Required!
No Security Deposit Required!
No Commission!
Owner Financing Price is $50,000 per room.
The monthly payment is $25,000.
Financing up to 15 years
Interest rate = 5%
Balloon payment due at end of term.
First 6 Months Free if rent is prepaid annually.
Owner Financing is structured as a Contract for Deed.
In a contract for deed transaction, the property is transferred from seller to buyer without the involvement of a third-party lender, such as a bank. 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 includes a balloon payment toward the end.
11. How far is the closest airport?
Jacksonville International Airport (JAX) is 20 minutes away.
20 minutes to Beaches
20 minutes to Jacksonville Airport
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, 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?
STR Trend Report data
Refer to question/answer #37-39
19. Are actual financials available for review?
No. Refer to Question #37-39.
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 hotel fully renovated?
Yes for $75,000 per room without financing.
23. How much are the real estate taxes?
Property taxes are approximately $5,000.
24. How long is the due diligence period?
Their is no due diligence period offered. 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 are nearby.
New hotels under construction nearby include the Marriott Fairfield Inn & Hilton Hampton Inn.
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?
Yes. Brokers must be able to provide proof of funds, written offers etc.
43. Why have you not responded to my offer?
You did not get a reply to your offer because you did not provide proof of funds. Proof of funds must come from a recognized financial institution. Low ball offers will not receive any response.
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.
20 minutes to Beaches
20 minutes to Jacksonville Airport
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!
