63 Orange St

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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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Hospitality
Price: $3,499,000
No. of Units: 8
Year Built: 1888
Lot Size: 0.20 Sq ft
Opportunity Zone: No
Price per unit: $437,375
Property Website Click Here
Address: 63 Orange St, St. Augustine, FL 32084, USA
Provided by:

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