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Property Detail

63 Orange St, St. Augustine, FL 32084, USA
It is a Luxury Moroccan/Spanish style bed & breakfast.
$3,449,000

Description

INVESTMENT HIGHLIGHTS

  • Located in St. Augustine's Historic District
  •  
  • 8 Elegantly Designed Guest Rooms
  •  
  • 7% CAP Rate
  • Comprehensive Renovation Completed in 2023
  •  
  • 9 On-site Parking Spaces
  •  
  • Turnkey; Sold Fully Furnished

EXECUTIVE SUMMARY

1001 Nights is a Luxury Moroccan/Spanish style bed & breakfast located in the historic heart of Saint Augustine, FL. This exquisite property boasts 8 elegantly designed rooms, each offering a unique blend of luxury and comfort. Recently, it underwent a comprehensive renovation, enhancing both the interior spaces and the exterior appeal. Upgrades include modern amenities in all rooms, ensuring a premium guest experience. The property also features improved parking facilities. Its strategic location in St. John’s County, a high-volume tourist destination, makes it a prime investment opportunity. 1001 Nights enjoys a high occupancy rate and Average Daily Rate (ADR), contributing to a robust net operating income, making it an attractive proposition for those looking to enter or expand in the thriving hospitality market.
 

AMENITIES

  • High Speed Internet Access
  • Bed & Breakfast
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Guest Room8$185.00

 

Rich O'Brien

+1 904-814-2080

Specification

General

  • 3435
  • 0.2000
  • Investment
  • Residential (Bed & Breakfast)
  • 1883
  • 8

Financials

  • 6.98

Hospitality

1001 Nights Historic Bed & Breakfast

# 317

SKU: 317

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