Historical Hotel & Motel Sale Listing - Sarasota Hotel & Marina (25 Units Available )

Hotel & Motel For Sale

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Sarasota Hotel & Marina (25 Units Available )

7150 N Tamiami Trail, Sarasota, FL 34243

N/A

1 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
1
Building Size:
360 SF
Property Type:
Hotel & Motel
Property Sub-type:
Full Service
Property Use Type:
Investment
Construction Status:
Under Construction/
Proposed
Commission Split:
2.5%
Cap Rate:
20%
Average Daily Rate:
$59
RevPAR:
$59
Lot Size:
360 SF
Listing ID
15667129
Last Updated
over 1 year ago

Description

These are all CondoHotel Units. There are 25+ of these available anywhere between $5000-$25000.00. These are Great Deals for an investor who has the cash. No funding sources available. These are all short sales, reduced to an average of 1/4 or less of former price.

These are properties on the water!! They are only a couple of miles from the Sarasota airport and there are a couple of low priced airlines going to this airport, so a great deal for someone who is looking to relocate in sunny Florida or just wants to vacation. Meanwhile, when not there, you can have these properties leased out by the Hotel Management company, for some extra cash. There are 9 of these units, all the same, unimproved but fully furnished hotel rooms in the Sarasota Hotel & Marina right on the water. Lovely restaurant and Tikki Bar, heated pool, new exercise room and office area for use of guests. Full service for rooms when being rented out with use of Hotel Management.

Map of 7150 N Tamiami Trail, Sarasota, FL 34243 (Manatee County)

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