1923 Avenue D - Hospitality FOR SALE
Fort Pierce, FL 34950 |
$5,000,000 USD
561-301-0600
1923 Avenue D
Fort Pierce, FL 34950
OVERVIEW
27 room motel with new roof and partial renovations have already taken place and we are still renovating the property fully renovating 6 efficiency rooms. Its 3 Minutes from downtown Fort Pierce and 7 minutes from the beach and inlet. Property hs absentee owner and is mismanaged. LOTS OF ROOM FOR MORE POTENTIAL INCOME.
FOR SALE DETAILS
PRICE
$5,000,000 USD
PRICE/SF
$652 USD /SF
# OF ROOMS
30
PRICE/ROOM
$166,667 {currency}
CAP RATE
Request Cap Rate
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Main Street Motel
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1973
PARKING SPACES
40
LAND DETAILS
LAND ACRES
0.5 AC
LAND SF
21,780 SF
ZONING
GENERAL CO
APN/PARCEL ID
24-09-602-0229-0000,24-09-602-0231-0007
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561-301-0600
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561-301-0600
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