701 E Fletcher Avenue

    Tampa, FL 33612
    • $12,900,000
    • STATUS: Pending
    • ON SITE: 195 days
    • MLS #: U7846779
    Pending
    $12,900,000
    • 0
      BEDS
    • 3.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 104,583
      SQFT
    • $123
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1974
    County:

    School Ratings & Info

    Listing information courtesy of Buxton Properties Inc.

    Description

    Deal of the year! Current owner converted Days Inn into Palms Inn, a short term stay hotel giving you an investment with a very stable income and cap of 17%!! We are at 100% occupancy!! Tenants pay $195/week and/or $750/month for single tenants, $250/week and $950/month for double tenants. Unbeatable location!! Directly off of I 275, 2 miles away from USF, Moffit and the VA and just a short drive to Orlando or the area beaches. Not to mention the Tampa area theme parks and attractions. This hotel brings in $2,000,000 per year as income after all costs. Don't miss out!!

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    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-08-17T23:41:32.397.
    www.daltonwade.com/homes/80496497

    701 E Fletcher Avenue Tampa, FL 33612

    • Price: $12,900,000
    • Status: Pending
    • MLS #: U7846779
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.44
    Acres
    104,583
    SQFT
    $123
    $/SQFT
    1974
    Built
    Neighborhood:
    Tampa / Forest Hills
    County:
    Hillsborough
    Area:
    Tampa / Forest Hills
    Property Description
    Deal of the year! Current owner converted Days Inn into Palms Inn, a short term stay hotel giving you an investment with a very stable income and cap of 17%!! We are at 100% occupancy!! Tenants pay $195/week and/or $750/month for single tenants, $250/week and $950/month for double tenants. Unbeatable location!! Directly off of I 275, 2 miles away from USF, Moffit and the VA and just a short drive to Orlando or the area beaches. Not to mention the Tampa area theme parks and attractions. This hotel brings in $2,000,000 per year as income after all costs. Don't miss out!!
    Exterior Features

    Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Property Features

    Additional Parcels Yn No Business Type CommercialHotel/Motel Flood Zone Code X New Construction Yn No Property Condition Completed Property Sub Type Hotel/Motel Special Listing Conditions None Tax Annual Amount 44980 Tax Year 2017 Total Num Buildings 1 Zoning Cn

    Listing information courtesy of Buxton Properties Inc.
    © 2018 My Florida Regional MLS. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.


    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-08-17T23:41:32.397.
     
    Dalton Wade Real Estate Group
    600 1st Avenue North Suite 303 A
    St. Petersburg FL, 33701
    Listing information courtesy of Buxton Properties Inc.