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Confidential Hospitality Portfolio Offering, 8 CAP 3 Beautifully Renovated Historic Boutique Inns 31 rooms + Commercial Parking Lot St. Augustine, Florida | Premier Tourist Destination ***Address and city showing in listing do not reflect the actual location on the properties*** Coldwell Banker Commercial is pleased to present an exclusive and confidential opportunity to acquire a portfolio of three beautifully renovated historic boutique inns, complemented by a dedicated parking lot, in the highly visited and sought-after St. Augustine, Florida tourist area. These exceptional hospitality assets have been thoughtfully restored and upgraded, offering guests a distinctive blend of historic charm and modern comfort. Each inn features high-quality renovations, strong curb appeal, and a proven operating history, making this an ideal acquisition for hospitality investors, portfolio buyers, or owner-operators seeking stable income and long-term appreciation. The portfolio can operate as a true turnkey investment, with an experienced general manager and established on-site management staff already in place. Day-to-day operations are handled entirely by the professional management team, allowing for seamless continuity and immediate cash flow for an absentee owner. The portfolio delivers a strong Net Operating Income with an attractive 8. 0% capitalization rate, reflecting both the quality of real estate and the strength of the local tourism market. The properties benefit from consistent occupancy, favorable guest reviews, and ongoing demand driven by the area’s year-round leisure, heritage, and destination travel. Current management has been increasingly focused on expanding event-driven revenue, including weddings and private events, an area that presents opportunities for further revenue growth. To maintain seller confidentiality, specific property details and the exact location will be provided only to qualified, vetted buyers upon execution of a confidentiality agreement (NDA). Investment Highlights: • Portfolio of three renovated historic boutique inns (31 rooms) • Dedicated commercial parking lot included • Located in the popular St. Augustine, Florida tourist area • Turnkey operation with general manager and staff in place • Strong, stabilized NOI; 8. 0% cap rate • Historic charm with modern upgrades • Excellent guest appeal and repeat business • Ideal for hospitality investors, portfolio buyers, or owner-operators • Confidential offering — NDA required For additional information and to receive the confidential offering memorandum, please contact agent. Information provided upon execution of NDA and buyer qualification.
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Our Executive Mortgage Banker:
Our Insurance Division:
$13,650,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $10,920,000 | $10,920,000 | $10,920,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.259% | 6.203% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $63,726 | $66,351 | $92,149 |
| Total Monthly Payment | $63,851 | $66,476 | $92,274 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.