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#AmericasBestValueInnInvestors 108 Royal Palm Ave 52 Room Hotel Clewiston, FL 33440 $4,400,000 ($84,615/Room)



EXECUTIVE SUMMARY
#usainvestors
#NYInvestors
Enlarge Your Territory and put down your stake - Great property $$$$$$$ - turn your investment money into an opportunity to make a rewarding revenue - for growth and new management. The opportunity is YOURS and this lovely motel cam make the difference in your Now and Near Future.
Discover southern charm and hospitality at the Clewiston Inn. A beautifully restored classical revival, the Inn offers a perfect blend of country elegance and modern comfort. Nestled in the heart of South Florida's sugar cane country and on the shore of Lake Okeechobee, the Clewiston Inn provides visitors with a peaceful setting and welcoming retreat. You're certain to feel at home in one of our charming 57 guest rooms or suites. Eight (8) of them are apartments and 57 rooms are open and in good condition and upgraded with vinyl flooring and new paint, new security camera system and recently painted the banquet hall with new tiles. The banquet hall has Friday night entertainment that draws extra income. In the month of March is the sugarcane festival and the place is booked up and bringing in great revenue. A GREAT OPPORTUNITY for investors to grab this wonderful property and make it your own. We're conveniently located just 60 miles west of West Palm Beach and 60 miles east of Ft. Myers. The Clewiston Inn is also great for hosting corporate retreats, meetings, weddings, reunions and other specialty events. OWNER FINANCING WITH 50% DOWN - Rate and Term can be discussed.
#NYInvestors
Enlarge Your Territory and put down your stake - Great property $$$$$$$ - turn your investment money into an opportunity to make a rewarding revenue - for growth and new management. The opportunity is YOURS and this lovely motel cam make the difference in your Now and Near Future.
Discover southern charm and hospitality at the Clewiston Inn. A beautifully restored classical revival, the Inn offers a perfect blend of country elegance and modern comfort. Nestled in the heart of South Florida's sugar cane country and on the shore of Lake Okeechobee, the Clewiston Inn provides visitors with a peaceful setting and welcoming retreat. You're certain to feel at home in one of our charming 57 guest rooms or suites. Eight (8) of them are apartments and 57 rooms are open and in good condition and upgraded with vinyl flooring and new paint, new security camera system and recently painted the banquet hall with new tiles. The banquet hall has Friday night entertainment that draws extra income. In the month of March is the sugarcane festival and the place is booked up and bringing in great revenue. A GREAT OPPORTUNITY for investors to grab this wonderful property and make it your own. We're conveniently located just 60 miles west of West Palm Beach and 60 miles east of Ft. Myers. The Clewiston Inn is also great for hosting corporate retreats, meetings, weddings, reunions and other specialty events. OWNER FINANCING WITH 50% DOWN - Rate and Term can be discussed.
PROPERTY FACTS
| Price | $4,400,000 | Building Size | 37,029 SF |
| Price Per Room | $84,615 | No. Rooms | 52 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1938/2011 |
| Property Subtype | Hotel | Parking Ratio | 0.81/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.48 AC | ||
| Zoning | CL-C - Commercial | ||
| Price | $4,400,000 |
| Price Per Room | $84,615 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.48 AC |
| Building Size | 37,029 SF |
| No. Rooms | 52 |
| No. Stories | 2 |
| Year Built/Renovated | 1938/2011 |
| Parking Ratio | 0.81/1,000 SF |
| Corridor | Exterior |
| Zoning | CL-C - Commercial |
AMENITIES
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $107.00 | - |
| Guest Room | 50 | $83.00 | - |
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 3-34-43-01-010-0177-0010 | Improvements Assessment | $264,729 |
| Land Assessment | $432,432 | Total Assessment | $697,161 |
PROPERTY TAXES
Parcel Number
3-34-43-01-010-0177-0010
Land Assessment
$432,432
Improvements Assessment
$264,729
Total Assessment
$697,161
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#AmericasBestValueInnInvestors | 108 Royal Palm Ave
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