935 Beach View Drive
- Rare Boutique Luxury: One of the few luxury boutique hospitality assets on St. Simons Island.
- 15 Luxurious Suites: Spacious residential-style accommodations with full kitchens, private balconies, and some with two bathrooms.
- Signature Rooftop Restaurant & Lounge: Unique destination dining venue for food & beverage revenue.
- Premier Coastal Location: Just 75 steps from the Atlantic Ocean and within walking distance of Pier Village.
- High Barriers to Entry: Limited developable land, restrictive zoning, and scarce boutique hotel inventory.
- Replacement Costs: While the property may be acquired for $9 million, replacement costs are estimated at $18.7 million, providing investors significant value.
- Multiple Revenue Options: Hotel accommodations, rooftop restaurant, weddings, private events, group business, timeshare, and/or condo conversion.
- Penthouse Owner’s Suite: Top-floor penthouse offering potential owner-occupant use.
- Value-Add Opportunity: Potential to increase revenue through professional operational enhancements, marketing initiatives, event programming, and strategic capital improvements.
- Bank-Owned Offering: Rare opportunity to acquire an institutional-quality hospitality asset on St. Simons Island.
- Renowned Culinary Leadership: The Rooftop Restaurant & Lounge is helmed by acclaimed Executive Chef Matt Schleis
Property Description
The Ocean Lodge Resort combines premium coastal real estate with a luxurious hospitality property and an inviting ocean view restaurant, creating a generational acquisition opportunity for investors seeking a beautiful asset offering value-add cash flow opportunities and appreciation. The resort features 15 luxury guest suites designed in an elegant Spanish-Mediterranean architectural style, offering residential-style accommodations with full kitchens, spacious living areas, private balconies, and upscale finishes. The boutique scale allows the property to deliver an elevated guest experience that consistently differentiates it from traditional hotel products appealing to leisure travelers, destination weddings, corporate retreats, and extended-stay guests. The property's distinctive character, established reputation, and exceptional architecture position it to benefit from continued growth in high-end coastal tourism while offering investors the security of a truly one-of-a-kind hospitality asset. The high barriers to entry coupled with acquiring the property at less than 50% of replacement cost provides investors significant value. The property is being operated by a lender to maintain continuity of operations and asset preservation. Operating financials are not representative of potential performance by a professional or hands-on operator.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $9,000,000 |
| No. of Units: | 15 |
| Year Built: | 2008 |
| Lot Size: | 0.60 Acres |
| Opportunity Zone: | No |
| Price per unit: | $600,000 |
| Property Website | Click Here |
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