Address: 63 Orange St, St. Augustine, FL 32084, USA
Created date: February 29, 2024
Date last updated: September 4, 2024
- Located in St. Augustine's Historic District
- Comprehensive Renovation Completed in 2023
- 8 Elegantly Designed Guest Rooms
- 9 On-site Parking Spaces
- Impressive ADR and NOI
- 7% CAP Rate
- Highly Rated on Booking.com
- Turnkey; Sold Fully Furnished
Property Description
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.