St. Simons Inn by the Lighthouse
Saint Simons Island, GA

14 Condotel Units at St. Simons Inn by the Lighthouse for sale at an Online Auction.

Online Auction Ending November 3rd at 12 Noon ET

This property is a condominium-hotel — a “condotel.” Each of the building’s 34 units is individually deeded and individually owned, and each comes completely furnished.

Every unit is a single guest room with one bathroom; some are furnished with two beds, but none are two-bedroom units. What sets it apart from a standard condominium is that the building operates collectively as a hotel, with nightly guests, a front desk clerk, and breakfast service. Rather than turning the profits over to a third-party management company, the HOA manages the facility.

Contact Joe Lanier for More Information 912-531-7007

Open House Dates:

Sun, Oct 25th • 4-6pm
Units: 107,114,116, 204, 210, 302

Mon, Oct 26th • 4-6pm
Units: 108, 117, 205, 208, 212, 214

Sun, Nov 1st • 4-6pm
Units: 203, 205, 208, 210, 212, 214

Mon, Nov 2 • 4-6pm
Units: 107,108,114, 116, 117, 204

If you wish to view more detailed documents including bank statements and tax returns, please CLICK HERE to sign the non disclosure agreement and this information will be shared with you.

▼ Click any dark blue unit to see its details ▼

Floor map of the 14 condotel units offered in this auction
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Unit 302 information sheet: Third floor, 1 king bed, $39,758 average annual gross rental revenue 2024 to 2025, 50/50 owner share of rental revenue.
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Unit 214 information sheet: Second floor, 1 king bed, $36,078 average annual gross rental revenue 2024 to 2025, 50/50 owner share of rental revenue.
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Unit 212 information sheet: Second floor, 2 queen beds, $24,684 average annual gross rental revenue 2024 to 2025, 50/50 owner share of rental revenue.
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Unit 210 information sheet: Second floor, 1 king bed, $25,751 average annual gross rental revenue 2024 to 2025, 50/50 owner share of rental revenue.
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Unit 208 information sheet: Second floor, 1 king bed, $33,534 average annual gross rental revenue 2024 to 2025, 50/50 owner share of rental revenue.
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Unit 204 information sheet: Second floor, 1 king bed, $30,977 average annual gross rental revenue 2024 to 2025, 50/50 owner share of rental revenue.
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Unit 205 information sheet: Second floor, 2 queen beds, $38,079 average annual gross rental revenue 2024 to 2025, 50/50 owner share of rental revenue.
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Unit 203 information sheet: Second floor, 2 queen beds, $33,393 average annual gross rental revenue 2024 to 2025, 50/50 owner share of rental revenue.
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Unit 116 information sheet: First floor, 2 queen beds, $26,191 average annual gross rental revenue 2024 to 2025, 50/50 owner share of rental revenue.
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Unit 114 information sheet: First floor, 2 queen beds, $28,102 average annual gross rental revenue 2024 to 2025, 50/50 owner share of rental revenue.
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Unit 117 information sheet: First floor, 2 queen beds, $25,945 average annual gross rental revenue 2024 to 2025, 50/50 owner share of rental revenue.
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Unit 108 information sheet: First floor, 2 queen beds, $36,286 average annual gross rental revenue 2024 to 2025, 50/50 owner share of rental revenue.
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Unit 109 information sheet: First floor, 1 king bed, $40,158 average annual gross rental revenue 2024 to 2025, 50/50 owner share of rental revenue.
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Unit 107 information sheet: First floor, 1 king bed, $46,321 average annual gross rental revenue 2024 to 2025, 50/50 owner share of rental revenue.

Contact

GAL3022

338 East Main Street

Swainsboro, GA 30401

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