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!!

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Location
US
FL
Hillsborough
TAMPA
33612
701 E FLETCHER AVE
Take I 275 toward Fletcher Ave. Exit heading toward USF. The Palms Inn is on the corner where I 275 exits and Fletcher Ave.
Additional Information
Annual
$44,980
2017
Ahmad Maki Kubba
U-12-28-18-0TD-000001-00002.0
CN
149,685 Sqft
Buxton Properties Inc
Ahmad Maki Kubba

Commercial For sale

701 E FLETCHER AVENUE TAMPA, Florida 33612

3.44 Acre
$12,900,000
MLS# #U7846779
Basic Details
Property Type : Commercial
Status : Active
Listing Type : For sale
MLS# : U7846779
Price : $12,900,000
Price per SqFt : $123
Sq Ft Heated : 104,583 Sqft
Square Foot Source : Public records
Year Built : 1974
Acres : 3.44 Acre
Agent info
Realtyna LLC
113 Barksdale Professional Center, Newark, DE, 19711
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