This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
12500 US Highway 19 N
Clearwater, FL 33764
21-Rm Motel For Sale! Seller Financing! · Hospitality Property For Sale
·
7,748 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Year Built | 1955 | |
| Building Class | C | Parking Ratio | 6/1,000 SF |
| Lot Size | 0.62 AC | Corridor | Exterior |
| Building Size | 7,748 SF | ||
| Zoning | T | ||
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 7,748 SF |
| No. Stories | 1 |
| Year Built | 1955 |
| Parking Ratio | 6/1,000 SF |
| Corridor | Exterior |
| Zoning | T |
ABOUT 12500 US HIGHWAY 19 N , CLEARWATER, FL 33764
This is a 21-unit motel currently operating under a State rehabilitation/halfway home program. Tenants are long term and paying rent weekly. Currently the property is producing: • Gross Revenue: $237,376 • NOI - $129,312 New owners can continue the current business operations or convert back to the motel business. Seller says all the structural/mechanical items are in good working order and the property is “Turn-Key” for the new operator. One of the units is a 2 bed/1.5 bath apartment that can be leased or for an owner-occupant. There are also two RV’s on site that are included with the sale. Pricing: Call for pricing Financing: Seller will consider offering financing to a qualified Purchaser. Minimum down payment will be 25%. Rate/Terms will be negotiated. Note: Seller is also selling another motel located in Oklahoma. CCI is not representing the Seller on this property. For further information contact Benny Spensieri – 813-391-1545 or benny@CRESCorpLLC.com.
PROPERTY TAXES
| Parcel Number | 08-30-16-70974-400-0402 | Improvements Assessment | $477,455 |
| Land Assessment | $227,545 | Total Assessment | $705,000 |
PROPERTY TAXES
