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Browse More Listings in Hotel & Motel For Sale, Clearwater, FL or Florida

Hotel / Motel For Sale - In Contract

BANK Owned REO 119 Room Hotel

21252 US Hwy 19, Clearwater, FL 33765

Price:
$2,900,000
No. Rooms:
119
Building Size:
52,348 SF
Price/Room:
$24,369.75
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Distressed:
Yes
Average Daily Rate:
$59
Find Out More...

Last Verified 10/21/2009 Listing ID 16286814

Description

NAI Tampa Bay is proud to present this 119 Room Bank Owned REO foreclosure opportunity. The property is located directly on US HWY 19 in the hear of clearwaters hotel district. This is a perfect owner opoerator opportunity or excellent investment for a expierenced opperator. The property is vacated but has all equipment in place for a new owner to start operations on the day of closing. The property also feature a vacant land parcel that could be used for future development.

The lender is willing to finance the property to a EXPIERENCED AND QUALIFIED buyer with property equity down. Contact broker for complete package and details.

Map of 21252 US Hwy 19, Clearwater, FL 33765 (Pinellas County)

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Contact Listing Broker

John Burpee (727) 585-2070

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Created 6/19/2009

Additional Information for 21252 Us Highway 19 N, Clearwater, FL 33765

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 3 RecentSales Records

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 21252 US Hwy 19, Clearwater, FL 33765

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Clearwater Flag Hotel
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Skylit Motel
$925,000

Nearby Recently Sold Hotel & Motel propertiesSearch all recently sold commercial real estate

Economy/Limited Service
Sold 1Q 2005
Full Service
Sold 4Q 2005
Economy/Limited Service
Sold 3Q 2009
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Sold 2Q 2007
Full Service
Sold 1Q 2004

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - BANK Owned REO 119 Room Hotel

21252 US Hwy 19, Clearwater, FL, 33765