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701 Fletcher Avenue701 Fletcher Avenue
Reduced
    MLS#: U7846779 ( Commercial )
  • Street Address: 701 Fletcher Avenue
  • Viewed: 160
  • Price: $12,900,000
  • Waterfront: No
  • Year Built: 1974
  • Bldg sqft: 0
  • Days On Market: 109
  • Acreage: 3.44 acres
Comments
  • Deal of the year! Current owner converted Days Inn into Palms Inn, a short term stay hotel giving you an investment with a very stable income and cap of 17%!! We are at 100% occupancy!! Tenants pay $195/week and/or $750/month for single tenants, $250/week and $950/month for double tenants. Unbeatable location!! Directly off of I 275, 2 miles away from USF, Moffit and the VA and just a short drive to Orlando or the area beaches. Not to mention the Tampa area theme parks and attractions. This hotel brings in $2,000,000 per year as income after all costs. Don't miss out!!
  • Features
    Home Owners Association Fee Includes
  • 0.00
  • Home Owners Association Fee
  • 0.00
  • Country
  • US
  • Flood Zone Panel
  • 12057C0204H
  • Living Area
  • 104583.00
  • Parcel Number
  • U-12-28-18-0TD-000001-00002.0
  • Postal Code + 4
  • 2611
  • Property Condition
  • Completed
  • Representation
  • Seller Represented
  • Tax Year
  • 2017
  • Views
  • 160
  • Zoning
  • CN