21 MOTEL UNITS IN TREASURE ISLAND

21 MOTEL UNITS IN TREASURE ISLAND

Property #INL137  SOLD

Fantastic opportunity to purchase 2 ten unit motels, both on Gulf Blvd corner locations, and an adjacent cottage Рunique situation, with the ten unit Beach House East on the east side of Gulf Blvd, and the ten unit Beach House West on the gulf side Рone block to the Gulf of Mexico and its sandy beaches, with public access, and also a short walking distance to Johns Pass Village Рzoned RFH50 on the west, and RFM-30 on the east, these parcels permit condominiums, motel/hotel, condotel, or apartment use Рthe motels are a mix of small 1 br units, motel rooms, and studios; historical income and expense data is limited, as the properties are being operated by a Trustee  Р$ 1,049,000

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