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Property Detail

2003 14th St W, Bradenton, FL 34205, USA
OWNER FINANCING OPTION AVAILABLE
$1,650,000

Description

INVESTMENT HIGHLIGHTS

  • OWNER FINANCING OPTION AVAILABLE
  •  
  • Convenient to stores and bus lines
  • OPPORTUNITY ZONE
  •  
  • Motel License, Restaurant License and Merchandising License

EXECUTIVE SUMMARY

Some Seller Financing Available For a qualified Buyer with 50% down
Located in an OPPORTUNITY ZONE in downtown Bradenton, Florida
Supercharge profits by operating a nightly guest stay operation
Additional income from Established 6 yr family take-out restaurant with outdoor seating
Zoned C-3 with Hotel, Restaurant and Merchandising Licenses
 

AMENITIES

  • Restaurant
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

ABOUT 2003 14TH ST , BRADENTON, FL 34205

This is an amazing and rare business opportunity. Proven money maker with the same owner since 1996 (27 years). The Florida Bound Motel is a 19 unit motel. There are 18 rentable units treated as an extended stay multifamily property and 1 onsite manager's apartment. There is an attached family take-out restaurant which has outdoor seating. The restaurant is rented out to the same established restaurant owner for the last 6 years. The zoning is C-3. The current owner maintains a Motel License, Restaurant License and Merchandising License. This owner operator has a smooth profitable operation that is turnkey. Many guests stay long term. New owners can transition easily as an owner-operator or hire an onsite manager or couple to take care of the day to day business. Property has high occupancy and usually maintains a waiting list. Guests tend to stay longer than planned due to all the conveniences (clean property, centrally located to nearby restaurants, supermarkets, bus routes and the downtown area.) New owner can take over this business with little effort at same levels or supercharge the profits by operating a nightly guest stay operation (current comps in that area is $500 a week per unit).

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Suite1$112.00-
Guest Room18$87.00

 

PROPERTY TAXES

 

Terry Hatfield

+1 813-363-5771

Specification

General

  • 6106
  • 0.2800
  • Investment
  • BR_T4-O (C-3)
  • 1946
  • 1990
  • 19

Hospitality

Florida Bound Motel

Listing ID : 00349

SKU: 349

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