3 Renovated Historic Boutique Inns (31 rooms) + Commercial Parking Lot

Florida

Asking Price: USD $13,650,000
Guest Rooms: 31    34

Property Overview

Confidential Hospitality Portfolio Offering | 8.0% CAP

3 Beautifully Renovated Historic Boutique Inns | 31 Rooms + Commercial Parking Lot

St. Augustine, Florida | Premier Tourist Destination

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:

Rich O’Brien, Hospitality Specialist
Coldwell Banker Commercial
904-814-2080

Features:
  • Is Historic Historic
  • Has a Barn Romantic
Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Rich O'Brien (Listing Agent)
  904-814-2080
Coldwell Banker Commercial Premier Properties

MLS:

260611

Sq Ft:

12,000

Year Built:

1900

Last Renovated:

2024

MLS:

260611
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Financial Overview

Asking Price:

USD $13,650,000

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