Hospitality for Sale
Catylist Listing ID: 30163724
Property Subtypes: Motel, Vacation Rental(s)
Number of Units: 7 Units
Building Size (RSF): 3,453 SF
Gross Building Area: See Agent
Gross Land Area: 8,100 SF
Sale Price: $1,495,000
Unit Price: $213,571.43 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 6.5%
Last Updated: 6/21/2018

Overview / Comments

Excellent opportunity to purchase a 7 unit vacation rental building in the highly desirable Indian Rocks Beach community, west of Gulf Blvd and a fifty foot walk to the Gulf of Mexico and its beautiful beaches - Lot size is 75' x 108' , and the 1957 building is 3,453 square feet, with block construction - All units are one bedroom rentals, with full kitchens and bathrooms - Completely renovated; - 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: 013014353300001010

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,171 52,946 152,515
Median Age: 54.26 49.45 49.14
Households: 2,789 24,174 71,052


Photograph of Listing Agent

Patrick Calhoon

Calhoon Commercial Group - Smith & Associates
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