801 E PALM AVENUE APT 2, Tampa, Florida, United States, 33602
1,166,666
for Sale
5,610
About the property:
Possible Owner Financing 9.5 CAP Rate This is one of three buildings that make up "PALM VILLA HOSTEL'S" Earns $50,000/ mo This one located on 803 E Palm Ave Tampa, FL * LODGING & HOSPITALITY AVIALABLE FOR INVESTMENT* Property goes with *801 E Palm Ave & 1905 N Taliaferro Ave Tampa, FL as a group (together asking is $3,500,000.00) TURN KEY property and business already bringing in money daily as it OPERATES as a Full Occupancy Hotel-Motel Excellent for Bed and Breakfast opportunity for increased revenue(SEE APPOX MONTHLY FINCIALS in Listing) This is a Rare Investment Opportunity in the Tampa Heights Area of East Tampa. This Asset consists of 3 Historic Buildings offering 20 units that are leased individually with Daily and Weekly Rates; makes about $15,000/mo...This property is ONLY minutes from Downtown Tampa, Channelside and Ybor
DUE TO THIS BEING A BUSINESS CURRENTLY IN PROGRESS AND WITH MONTH TO MONTH GUESTS, NO REALTOR SIGNAGE ON PROPERTY
- Property Type:
- Hotel/Motel
- Status:
- for Sale
- House Style:
- Other
- Acres:
- 0.13
- Square Feet:
- 2050
- Area:
- 33602 - Tampa
- Heating Type:
- 0
- Directions:
- From Exit 44 on Interstate 275 N, take Scott Street to Nebraska Avenue. Turn Left onto Nebraska Avenue. Head North to Palm Avenue. Turn Right. Destination will be 5 Blocks on the Right just after Interstate 275 Overpass.
- Is Bed:
- Yes
- Is Business:
- Yes
- Is Building:
- Yes
- Is Breakfast:
- Yes
- Is Hotel:
- Yes
- Is Hospitality:
- Yes
- Is Investment:
- Yes
- Is Motel:
- Yes
- Is Other:
- Yes
- Is Unit:
- Yes
- Annual Property Taxes:
- 4,257.74
- Listing ID:
- TB8566378
Rooms
Dimensions
Brokered by:
American Homes Realty Group
Presented By: