Motel Safety Harbor

Hospitality for Sale
Catylist Listing ID: 30049216
Property Subtypes: Hotel, Motel
Number of Units: 8 Units
Building Size (RSF): 4,067 SF
Gross Building Area: See Agent
Gross Land Area: 1.53 Acres
Sale Price: $1,295,000
Unit Price: $161,875 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/15/2017

Overview / Comments

Exceptional 8 unit- Motel on 1.53 acres lot directly located on Philippe Pkwy. Motel units are composed of, 7 large units with Kitchenette and a 1 bedroom apartment with a Living area and a full Kitchen. Separate free-standing Office building and Workshop.
Easy access to Tampa International airport and Clearwater beaches. In close proximity to Mease-Countryside Hospital (3 miles) and Historic 122 acre Philippe Park on Old Tampa Bay (0.5 miles). Perfect for a Hotel/Motel operators with the possibility to expand Business. Seller may consider Seller Financing with substantial down payment available for qualified buyer. Discretion required must contact Broker prior to visit the Property.

Heading east on SR 580, Turn right on PHILLIPPE PKWY, the property is located on left approximately 3/4 of a mile.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 272816000002100900

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,093 75,686 220,307
Median Age: 52.4 47.59 46.01
Households: 3,501 34,503 97,939

Contact

Photograph of Listing Agent

Eric Cederman

Cederman Properties FGCAR CIE Member

Source

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