701 E Fletcher Ave
$12,900,000, 104,583 Sqft 3.44 Acres
About This Property
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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Listing data comes from My Florida Regional MLS.
Listing information last updated on February 18th, 2018 at 5:03am EST.