$4,050,000
Description
Location, location, location!!!! An incredibly rare opportunity like this almost never comes along. The motel is a two story, 22 room property located in the beautiful Treasure Island just steps away from the beach. The property offers 3 motel rooms, 10 efficiency units with kitchenettes, and 9 suite apartments. The motel benefits from its desirable location to tourist destinations and is just across the street from white sands of Treasure Island Beach. Beautiful Swimming Pool, Spacious, Clean Rooms Equipped with kitchens and kitchenettes, tiled flooring, attracts more and more guests. The property remains in good condition due to an ongoing capital improvement plan. RENOVATIONS COMPLETED INCLUDE: Roof 2018, updated swimming pool, Swimming pool pumps and heater 2020, Parking 2019, updated kitchens (granite counters, ceramic cooktops), Impact windows 2017 and much more. Guests will love walking to restaurants, live music, bars, shopping centers and the beach. The reception area offers a business center for quests. The Motel has excellent reviews with trip advisor, facebook, and yelp. Big opportunity for investors.Property Highlights
- Acres: 0.39
- County: Pinellas
- Year Built: 1974
- Property Type: Commercial, Hotel/Motel
- MLS #: U8137866
Property Features
| Interior Square Footage | 8,840 |
| Lot Size Acres | 0.39 |
| Lot Size Dimension | 120x142 |
| Lot Size Square Feet | 16,840 |
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