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44-Unit Hospitality Acquisition 2 Properties Offered at $2,295,000 in Fort Pierce, FL
Investment Highlights
- Two-property combined offering
- Site is also available for lease (call for pricing)
- Owner/User Opportunity
- 44 total units combined
Executive Summary
Presenting a rare opportunity to acquire two combined hospitality properties in Fort Pierce, FL.
Ideal for an owner/user or investor looking to reposition well-located, vacant assets. Both properties are being offered for sale together, with lease options also available (call for lease rate details).
1921 Avenue D is a 38-room, two-story former motel, currently vacant and ready for renovation or conversion.
438 N 20th Street is a single-story building featuring 6 large efficiency units, also currently vacant.
Together, the two properties offer scale, flexibility, and immediate availability for a buyer to execute a reposition strategy. Ideal opportunities include extended-stay housing to boutique hospitality or multifamily conversion.
Ideal for an owner/user or investor looking to reposition well-located, vacant assets. Both properties are being offered for sale together, with lease options also available (call for lease rate details).
1921 Avenue D is a 38-room, two-story former motel, currently vacant and ready for renovation or conversion.
438 N 20th Street is a single-story building featuring 6 large efficiency units, also currently vacant.
Together, the two properties offer scale, flexibility, and immediate availability for a buyer to execute a reposition strategy. Ideal opportunities include extended-stay housing to boutique hospitality or multifamily conversion.
Property Facts
| Price | $2,295,000 | Number of Properties | 2 |
| Price / SF | $233.45 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 9,831 SF |
| Status | Active | Total Land Area | 0.81 AC |
| Price | $2,295,000 |
| Price / SF | $233.45 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 9,831 SF |
| Total Land Area | 0.81 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Reno Motel
1921 Avenue D, Fort Pierce, FL 34950 |
Hospitality | 7,751 SF | 1973 | - |
| 438 N 20th St, Fort Pierce, FL 34950 | Multifamily | 2,080 SF | 1980 | - |
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44-Unit Hospitality Acquisition
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