NORTH REDINGTON BEACH MOTEL - 30 UNITS

Hospitality for Sale
Sale Pending
Catylist Listing ID: 29774040
Property Subtypes: Motel
Status: Pending
Number of Units: 30 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 51,941 SF
Sale Price: $2,995,000
Unit Price: $99,833.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/15/2017

Overview / Comments

Rare opportunity to purchase a 30 unit hotel in the desirable community of N. Redington Beach, directly on Gulf Blvd and across from the Gulf of Mexico and its sandy beaches - There are 28 extremely large efficiencies, 2 motel rooms, and a 2br/2ba owner’s apartment - The lot size is 51,941 square feet, or 1.14 acres, with about 115 feet of frontage on Gulf Blvd - A two story building with a large heated swimming pool, surrounded by tropical patio areas
STRICTLY CONFIDENTIAL AND SHOWN BY APPOINTMENT ONLY, AS TENANTS ARE UNAWARE OF POTENTIAL SALE

Attachments & Media

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 053115000002200800

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,965 49,306 134,135
Median Age: 55.95 51.6 50.98
Households: 2,538 23,158 63,053

Contact

Photograph of Listing Agent

Patrick Calhoon

Calhoon Commercial Group - Smith & Associates
FGCAR CIE Member

Source

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