6523 US Highway 19 | New Port Richey, FL 34652
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- LoopNet Team
6523 US Highway 19
New Port Richey, FL 34652
Motel 6 - New Port Richey · Hospitality Property For Sale
·
66,460 SF
INVESTMENT HIGHLIGHTS
- • Recent Conversion From Independent Hotel to Motel 6
- • $1,500,000+/- In Recent Renovations
- • Located in the Tampa Bay MSA - A Highly Sought After Hospitality Market
- • 116 Guest Rooms / 2 Stories / 3 Buildings / Exterior Corridor • 2 Bedroom Manager Apartment
- • Vacant Restaurant Space Located On-Site - Offers Unique Opportunity for Additional Cash Flow
- • Projected Room Revenue / RRM - $2,064,075 / 3.15x • Projected NOI / Cap Rate - $716,740 / 11.03%
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1973/2010 |
| Building Class | C | Parking Ratio | 2.26/1,000 SF |
| Lot Size | 2.17 AC | Corridor | Exterior |
| Building Size | 66,460 SF | ||
| Zoning | GC - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.17 AC |
| Building Size | 66,460 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2010 |
| Parking Ratio | 2.26/1,000 SF |
| Corridor | Exterior |
| Zoning | GC - Commercial |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 05-26-16-0530-00500-0000 | Improvements Assessment | $1,605,442 |
| Land Assessment | $328,455 | Total Assessment | $1,933,897 |
PROPERTY TAXES
Parcel Number
05-26-16-0530-00500-0000
Land Assessment
$328,455
Improvements Assessment
$1,605,442
Total Assessment
$1,933,897
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