Description
INVESTMENT HIGHLIGHTS
- Walk to Historic District
EXECUTIVE SUMMARY
Two story Hotel with pool located in Sunny St Augustine Florida. This 22 Unit hotel sits on a high traffic road surrounded by shops and restaurants and is a short walk away from historic Old City St Augustine.
PROPERTY FACTS
Price | $2,000,000 | Building Size | 12,446 SF |
Price Per Room | $90,909 | No. Rooms | 22 |
Sale Type | Investment | No. Stories | 2 |
Property Type | Hospitality | Year Built | 1995 |
Property Subtype | Parking Ratio | 1.93/1,000 SF | |
Building Class | B | Corridor | Exterior |
Lot Size | 0.33 AC | Opportunity Zone | No |
AMENITIES
- Smoke-Free
- Air Conditioning
ABOUT
2 Story Motel Constructed in 1995. Has 22 rooms and an owner apartment. Property has the pool for guests and is a short walk to Historic Old City St Augustine, FL.
FINANCIAL SUMMARY (PRO FORMA – 2017) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income | $250,000 | $20.09 |
Other Income | – | – |
Vacancy Loss | – | – |
Effective Gross Income | $250,000 | $20.09 |
Taxes | – | – |
Operating Expenses | – | – |
Total Expenses | $116,662 | $9.37 |
Net Operating Income | $133,338 | $10.71 |
Property Overview
Price | $ 2,000,000 |
ID | 20 |
Type | Hotel |
Sold | No |
Contract | Sale |
Status | Available |
Home area | 12446 sqft |
Material | Block, Brick |
Rooms | 22 |
Beds | 22 |
Baths | 22 |
Position
Amenities
- Air conditioning
- Balcony
- Bedding
- Cable TV
- Cleaning after exit
- Cofee pot
- Computer
- Cot
- Dishwasher
- DVD
- Fan
- Fridge
- Grill
- Hairdryer
- Heating
- Hi-fi
- Internet
- Iron
- Juicer
- Lift