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701 E Fletcher Ave
Tampa, FL 33612
Palms Inn · Hospitality Property For Sale · 104,583 SF

Property Facts

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class B
Lot Size 3.28 AC
Building Size 104,583 SF
No. Stories 3
Year Built/Renovated 1974/2017
Parking Ratio 10/1,000 SF
Corridor Exterior
Zoning C-N, County

Amenities

  • Balcony
  • Business Center
  • Pool
  • Meeting Event Space

About 701 E FLETCHER AVE , TAMPA, FL 33612

Deal of the year, the current owner decided to convert Days INN Hotel 264 Units to Palm INN Hotel, to give you an investment property with very stable income, Cap Rate 16% with asking price, currently running the Palm INN with 95% occupancy heading very fast to be 100% occupancy, with this unique concept of having a permanents Tenants, paying weekly $195/week for single or $249 for The couple, the great quality Hotel & the location on the major HWY 275 and Fletcher Ave which is a minute from University of South Florida, Buch Garden, Walmart, too many Shopping Centers, all kinds of restaurants, cafes, A to Z facilities, Who loves easy Money without the headache of the Hotel, he will love this property, go play golf, enjoy life and enjoy the green cash, permanent tenants, paying you on time, don't worry about the high season or low season soon will be sold out, the tenants take care of The Rooms, mostly NO services needed, comes first goes first. Exactly on HWY 275 & Fletcher

Property Taxes

Property Taxes

Parcel Number
U-12-28-18-0TD-000001-00002.0
Land Assessment
$100
Improvements Assessment
$4,398,100
Total Assessment
$4,398,200
  • Listing ID: 9320682

  • Date on Market: 9/26/2017

  • Last Updated:

  • Address: 701 E Fletcher Ave, Tampa, FL 33612

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