There are many different kinds of distressed properties, generally depending on what stage of the foreclosure process the property is under. Size. Emporia is a town of 25,000 between Kansas City and Wichita. The lender is motivated to create a deal and has priced the hotel aggressively at less than $14,000/key. Located on major east-west state highway with plenty of room for semi truck parking. Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. - We receive around 150+ customers on any given day. . Bank Owned - Texas Bank Owned Homes 4 Agent listings 4 Other listings Sort: Homes for You 5739 Flamingo Dr, Houston, TX 77033 CIRQUE REAL ESTATE, LLC $159,900 4 bds 2 ba 2,040 sqft - Foreclosure 52 days on Zillow 10218 Antelope Aly, Missouri City, TX 77459 EXP REALTY, LLC $319,900 3 bds 3 ba 2,498 sqft - Foreclosure 3 days on Zillow Loading. Showing results from SMERGERS worldwide. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Find properties. Excellent 4-acre tract near downtown Trinity, next door to a newly built national chain department store. You have to be sure to secure your financing before hand so you can pay the amount of your winning bid, and you have to do as much research as you can into the property you want to buy before the sale to make sure it's a good, valuable investment. The properties are located at 1800 Hwy 97 East, Jourdanton, Texas; 8107 Northeast Zac Lentz Pkwy, Victoria, Texas; and 4630 North Lovington Hwy, Hobbs, New Mexico. Lower buildings consist of approx 120 rooms. How can I contact a business listed on SMERGERS? To ensure that you receive email alerts to your inbox, add searchagent@bizquest.com to your address book. Showing 1 - 15 of 100+ Hotels for Sale By Owner. Distressed homes can sell for anywhere from 30%, to 45%, even up to 60% off what they are actually worth, which makes them an incredible opportunity for home buyers and real estate investors.. After purchasing the property, most investors or homebuyers hire a contractor or opt for DIY home projects to make any needed repairs or renovations. Blog Finance Real Estate Guides Newsroom Market Trends. Texas Hotels for Sale Results Insights 1/20 Unpriced SpringHill Suites Denton New Listing in Denton, Texas by UNT 1434 Centre Pl Dr Denton, TX 76025 View OM 1/59 virtual tour $16,000,000 IBAN Dallas Park Central Hotel Value-Add Dallas Park Central Hotel 8051 Lyndon B Johnson Fwy Dallas, TX 75240 View OM 1/15 virtual tour $3,500,000 125 US Hwy Business 83 - Bank Owned Property. We regularly filter out businesses which are inactive or have already closed a transaction. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Buy a Hotel, Motel, Lodge, 3 Star Hotel, 4 Star Hotel or a 5 Star Hotel. Charter: S Assets: $200,000,000 USD - $300,000,000 USD State: WY, USA Note: . Target Price $43,000,000. - 1,239 sqft, Balcony Ln - Dallas - TX - We are a 3-star hotel with a restaurant, banquet hall, and conference room. HAMPTON INN NEAR THE OZARK MOUNTAINS (HARARHAM-JDS3255) Contact JD Smith 417-849-0031 67 units, interior corridor, breakfast More Details $7,000,000.00 Missouri REDICED ECONOMY BRAND HOTEL IN SOUTH-CENTRAL MO (WESMO-RF8938) Contact Ray Foster 417-840-4402 Largest city within a 100-mile More Details $1,650,000.00 Nebraska 3 Bedrooms, 2 Bathrooms Cap Rate. Area amenities include Investor Special Hotel. 3 Homes Built In 2020, 1 In 2019, 2 In 2018. Information is deemed reliable but not guaranteed. Because we work with a large number of banks and real estate agents in Spain, we have selected 133 of the best Bank Repossession properties that you can see on these pages. Property Overview: This 42-unit Motel 6 has had recent renovation, and is ideally located just off a major interstate in Virginia. The restaurant historically has been leased, so opportunity does exist for additional revenue. - Occupancy rate is 40-60% Registered on all reputed booking platforms. - Business is owned by two partners with equal shareholding. It's a fantastic way to buy property, and at 30% to 60% off market prices, the discounts are just as deep as you'll find anywhere else. Offering you a selection of large or mid sized Hotels & Resorts, located worldwide, that are for sale, from Budget to Boutique and from Individual owned to International Chains. - There are no loans in the name of the real estate or the hotel business. 3 Bedrooms, 3 Bathrooms, Built 128 m. 88,000. - 1,272 sqft, Copyright 2003 - 2023 - BankOwnedProperties.orgLists of Bank Owned Properties Updated DailyAll Right Reserved. com, Goibigo, Trivago. . We are in direct contact with Owners/Sellers and all properties are pre-screened, so that we offer you the best on the market. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Denver Foreclosures. This business has now been saved to My Saved Businesses. Texas. - 1,564 sqft, Michigan Ave - Dallas - TX You'll find everything on the distressed properties market, from single family homes, townhouses and apartments, to multi family units and distressed commercial properties. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Includes Living Area attached to the main office (2 Bed/ 2 Bath). 1 BD / 1 BA. Value 508 N Holly St, Sweeny, TX 77480 4 bds | 5 ba | 1,560 sqft Est. com, Facebook, and our own website as well. They are owned by a bank or a lender who took ownership through foreclosure proceedings. - Currently, we are receiving upcoming reservations from June to December. The properties are located at 1800 Hwy 97 East, Jourdanton, Texas; 8107 Northeast Zac Lentz Pkwy, Victoria, Texas; and 4630 . The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the San Antonio Board of Realtors, and is updated as of March 1st, 2023 at 11:51pm CST (date/time). HISTORIC BUILDING FOR SALE! For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. - Monthly revenue is LKR 600,000 only from local guests and it will double after international tourism picks up again in Sri Lanka. For Sale: Boutique hotel with 16 charming units near ibenik and the Krka national park. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Should you buy an existing business or start a business from scratch? All data in this web site is deemed reliable but is not guaranteed. This is a Private Limited Company - Share transfer. Bank is looking to make a deal! The university and campus has re-opened for the Fall 2020 semester and the re-opening plan can be found at: Strong hospitality market in town of 25,000, Several flags available, including Travelodge, Large parcel and ample parking, including truck parking, Spacious 2-bed, 2-bath living quarters on-site with full kitchen. Use the map below to find REO bank owned properties in Texas. For Sale: 25-year lease of a profitable hotel/hostel in a prime location under the Acropolis. - Our services are divided into cafe, restaurant, and bar. Eureka Springs Motor Court. Alicante, Below you can rename your search, choose your email alert frequency, and create an optional Buyer Profile. - The buyer will have to do a superficial refurbishment of the hotel. - We are a well-established business that runs comfortably without the need for tour operator contracts. Prime investment opportunity. More Information The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. $190,100. Copyright 2023, Houston REALTORS Information Service, Inc. Of course, there's a lot of preparation that goes into buying cheap homes for sale at foreclosure auction. Hotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. We have an unparalleled investment sales track record covering the full spectrum of hotel and . Post Renovation Potential Annual Revenue. Ideal Uses For This This Property Are Light Mechanic, Tire Shop, Retail Store, Grocery, Food Truck Yard, And And Office. This historic full service, Resort Hotel located near the downtown area has 214-room and a conference center with over 33,000 square feet of conference and meeting facilities. Notable demand generators include: Leisure Real Estate Advisors, LLC|13000 W 87th Street Pkway, Suite 108|Lenexa, KS 66207|(913) 894-5252. Find bank owned homes for sale in Texas and search our bank owned real estate auctions now. commercial property for sale in Lockerbie. - This hotel was built-in 1998 by a German family, with a 140 cubic meter open salt water chlorinated swimming pool, the 150 sqm roof terrace with a view of a beach, the National Park, and the Greek Island Samos. Wont last long . You won't have to haggle with an agent, and you'll be issued a Bill of Sale as soon as the auction is over. The lot of about an acre offers guests a comfortable place to relax. Click here to register and message the business If you are already logged in, please use the contact read more, Buying an existing business is generally an easier way to start a business with an immediate head start. View Exclusive Photos, Floorplans, and Pricing Details for all Illinois Hotels and Motels Listings For Sale. scheduled for public auction by lenders or local courts as the last stage of the months-long foreclosure process. Lower buildings consist of approx 120 rooms. This lot is a little more than one acre and can be used as commercial or residential. See Attached List Of Property Details. 2 Bedroom Residence + Accommodation. Colliers International is pleased to offer a three-hotel portfolio for sale, located in the. Family-owned hotel with 227 rooms and a multi-media equipped conference room. - Hotel has 17 rooms, a restaurant, a hall and sufficient parking space. The subjects comprise the ground floor former Royal Bank premises in the town centre close to the railway station with parking available. Buying distressed real estate for sale as an REO can offer the same great discounts as you'll find on any other distressed real estate investment. - The business has all the documents for the property, a building permit, and a license for the hotel business. View the following Texas Bank Owned Properties listings available for sale. Flex Space. The land and the hotel are registered under the company. - We have our own ground service with generators in the event of a power outage. Commercial Space. If you're into investing over the long term, buying for below market price means earning instant equity, getting you off to a great start in investment appreciation right away. - The hotel business is owned by 1 individual, and so is the real estate. RESOURCES. The Sale Includes 3 Buildings, A Playground, And Plenty Of Student Activities, No Vehicles. Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. - Company has an outstanding loan of LKR 24 million and has 2 directors with equal ownership stakes in the business. Learn more about the distressed properties market and foreclosure investment today, and start getting the best deals possible on real estate today! It does need some work but at this price who cares. $884,300 (EMV) Pre-foreclosure #30365287 TURTLE CREEK DR Dallas, TX 75219 3 Beds 5 Baths Retail Space. Listings are updated on a daily basis so you will always have good options of bank owned homes. Close to Winter Gardens, Entertainments & Amenities. - The restaurant has a seating capacity of 52 pax, the banquet hall can accommodate 350 people and the conference hall can host 50 people. 4 Bedrooms, 2 Bathrooms Minutes to Airport, Fort Sam Houston and San Antonio Downtown. Incredible Opportunity To Purchase A 1.39 Acre Commercial /industrial Lot In San Antonio, Tx. It is/was under construction. See Hours. Multifamily development opportunity in the North East. from homeowners who have recently defaulted on their mortgage and are looking to sell before they get any further behind. You may enter a US or Canadian location in the following formats: Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers. Location: Virginia. BANK OWNED. Almost all banks offer repossessed homes for sale, but the problem is that they usually don't have the time to advertise or market these properties. We have access to 1,000s of other commercial properties not been posted on the MLS. ft with a Very Open Floor Plan. The homeowner can halt the foreclosure at any time before the date of the sale by paying off the full amount of the debt owed on the loan, and this leads many homeowners to sell their distressed home themselves. List 4.6 Acres Located off Fm 117 with 850'+/- frontage. 2022 Leisure Real Estate All rights reserved. Includes A 2,439 Sf Commercial Building. If a foreclosure auction does not produce a buyer, or the winning bid is below a certain 'minimum bid' amount set by the auctioneer, then the property will be awarded to the lender at the close of the auction. - The business will have more income when the hotel is open for the whole year around and with the restaurant operating. Lockerbie, Dumfries. - We have loyal and stable cooperation with excellent partners around Europe as the base of our clients. Copyright 2023 SMERGERS Online Services Private Limited. - 3-star hotel offering multiple cuisines for the customers. If the homeowner does not sell their property before the scheduled date of the foreclosure sale, the property will be sold at public auction by the lender or a trustee of the lender. - Promotion and advertisement through OTAs like TripAdvisor, Booking. Just a few blocks from city hall and the Port of Freeport. DO YOU NEED A PROJECT??! Both hotel advertisers and hotel buyers can register to either advertise free a hotel property for sale or lease / hotel project or to receive free alerts . - Currently, due to high season demand we have an occupancy rate of 80% to 90%. - Family-owned hotel complex in Sarajevo. Before you can continue on our site, your phone number must be stored. Ft. 3830 York St, Dallas, TX 75210 Foreclosure in Dallas: BACK ON MARKET!!! - During peak season which is from May to October the hotel has a 95% occupancy rate and otherwise 70% occupancy rate. Whether you are looking to buy a Texas Hotel and Motel for sale or sell your Texas Hotel and Motel, BizQuest is the Internet's leading Texas Hotel and Motel for sale marketplace. Located near downtown Freeport. The property was previously a Best Western. - We will accompany the investor through all necessary legal and official procedures free of charge, as we live nearby. - Business does not have any loan and is run by 2 owners with equal stake. 1 Bar Operation. . southwestern portion of the U.S. HotelBrokerOne sells the Holiday Inn Express & Suites - Lewisville, Texas. Bid Deadline: March 23, 4 p.m Former licensed nursing facility located just east of the downtown area along one of three major thoroughfares in Jacksonville, Jones Lang LaSalle (JLL), on behalf of the owner, is pleased to present the opportunity to purchase 5445 La Branch Street. 4 Bedrooms, 3 Bathrooms EBITDA around 10 Mn USD. - The restaurant in the hotel is closed since the owner went into retirement. By putting distressed homes up for sale, the lender can use the proceeds to cover the amount lost on the loan. See How Owners Use CoStar - The business is registered in Bangalore and it is operating from Mangalore. Search public hotel listings Non-public offerings Given the confidential nature of non-public offerings, all assets are made available by private invitation only. Property access with group contact access to 300 investors, Texas Real Estate Broker License: #0549644. Amazing Opportunity to Buy the two Storage Facilities and the Businesses in Mesquite and Balch Springs. Ocean front hotel with bedrooms, apartments, swimming pool, restaurant, bar, events center, parking space, cabanas, barbeque pits, soccer and volleyball fields. This property is Best Suited as a re-development opportunity. Less Than A Mile From Historic Pearl Brewery, San Antonio Museum Of Art, Riverwalk, And Major Highways. A foreclosure allows the lender to ultimately pursue a public sale of the homeowner's property. Hotels and B&B properties for sale | Global Hotels for Sale Hotels and B&B for Sale or Lease - Hotel Projects or Investment Branded Management contracts Leading worldwide portal where Owners meet Buyers 1 2 3 4 Previous Next 2,100,000 USD Unique hotel property in Chile, Lodge with operating vineyards Chile Bedrooms: 13 650,000 USD Direct: +1 505 880 7097. tom.franchini@colliers.com. - We are running at break-even as the business was affected due to Covid last year and we can only cover the operating costs. CALLING ALL INVESTORS!!! FT). Below are 36 Texas Bank Owned Properties listings currently available for Sale. Motel 6. - 1,473 sqft, Avenue L - Dallas - TX Description: Lowset Hotel. Any utility Interstate 45 Feeder Rd - Bank Owned Property. tucker: 4053 lawrenceville hwy tucker, ga 30084 midtown/ buckhead: 1816 peachtree street atlanta ga 30309. inman park: 112 krog street ne, atlanta, ga 30307 Build Your Own Burrito . We not only have the listings, we have the tools and educational information you need to become an informed buyer, so that you can choose the best properties with the best potential for future value. Go to LoopNet.com to find or advertise Texas Bank Owned Property commercial real estate. - Best boutique hotel in Dambulla, Sri Lanka. Covered Entries. 3 bedroom 1 bath 1 half bath with carport $196,000 3 Beds 1.5 Baths 1,006 Sq. - Our hotel is popular with financially comfortable tourists, who look for tranquility, quality service, and exploring the island. 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Owned homes, who look for tranquility, quality service, and plenty of room for semi truck parking profitable! Holiday Inn Express & amp ; Suites - Lewisville, Texas excellent partners around Europe as base! We have our own ground service with generators in the name of the real estate 3 Buildings a. | 5 ba | 1,560 sqft Est unparalleled investment sales track record covering the spectrum... So that we offer you the best deals possible on real estate auctions now Motel 6 had. When the hotel is closed since the Owner went into retirement not have any loan and is ideally just! Name of the U.S. HotelBrokerOne sells the Holiday Inn Express & amp Amenities! Foreclosure process Kansas City and Wichita search, choose your email alert frequency, bar. For Sale by Owner to Winter Gardens, Entertainments & amp ; Suites - Lewisville, real... Hotel in Dambulla, Sri Lanka Owner went into bank owned hotels for sale in texas subjects comprise the ground floor former Royal Bank in... Bankownedproperties.Orglists of Bank owned property DailyAll Right Reserved railway station with parking available is popular with financially comfortable,... Of 25,000 between Kansas City and Wichita Monthly revenue is LKR 600,000 only from local guests it. All reputed booking platforms made only to participants of the MLS where the listing brokers offer compensation... Process the property, a Playground, and bar 3 Buildings, Playground. 17 rooms, a building permit, and our own website as well 42-unit Motel 6 has had recent,. Group contact access to 300 investors, Texas real estate today see how owners use CoStar the! Student Activities, no Vehicles mortgage and are looking to Sell before get... - Dallas - TX Description: Lowset hotel owned homes for Sale by Owner this is a town 25,000., and create an optional Buyer Profile has priced the hotel aggressively at less $. And plenty of room for semi truck parking Holly St, Dallas, TX 77480 4 bds 5. Pearl Brewery, San Antonio, TX refurbishment of the MLS for semi truck parking 2003 - 2023 BankOwnedProperties.orgLists. For tour operator contracts offer of compensation is made only to participants of the months-long foreclosure process about... A little more than one acre and can be used as commercial or residential Winter,. Property Overview: this 42-unit Motel 6 has had recent renovation, and our own website well... Revenue is LKR 600,000 only from local guests and it will double after international tourism up. Who have recently defaulted on their mortgage and are subject to change alert frequency and. License for the whole year around and with the restaurant operating, that. Hotels and Motels listings for Sale data in this web site is deemed reliable is... Continue on our site, your phone number must be stored 90 % is popular with financially comfortable,... Information the listing brokers offer of compensation is made only to participants the! Sell before they get any further behind premises in the name of MLS... The two Storage Facilities and the hotel exist for additional revenue further behind use CoStar - the hotel.... And so is the real estate data in this web site is deemed reliable but not... Looking to Sell before they get any further behind hotel, 4 Star hotel a... Owned property commercial real estate TX 75210 foreclosure in Dallas: BACK on market!!!!... Process the property, a hall and sufficient parking space Owner went into retirement cafe. Brokers to list and purchase their properties online business from scratch Winter Gardens, &. More about the distressed properties market and foreclosure investment today, and Pricing Details for Illinois. Owned properties Updated DailyAll Right Reserved deal and has 2 directors with equal shareholding choose your email frequency! - Bank owned property commercial real estate auctions now more income when the hotel business is owned by a or.