Description
***PLEASE TAKE NOTE: SELLERS WILL ONLY ACCEPT CASH DEALS AND POSSIBLE OWNER FINANCING WITH LIMITED TERMS. FINANCED OFFERS WILL NOT BE CONSIDERED...ABSOLUTELY NO EXCEPTIONS*** 15 COMPLETELY REMODELED UNITS PLUS A 1BD 2BA WITH KITCHEN OWNERS APARTMENT. THE ADJACENT VACANT LOT GIVES A COMBINED 2.7 ACRES RIGHT ACROSS FROM THE BEACH. THE DEVELOPMENT POSSIBILITIES ARE ENDLESS!! ANNUAL GROSS INCOME IS $350,000-$360,000. MOTEL WAS COMPLETELY RENOVATED FROM STUDS TO RAFTERS AFTER HURRICANE MICHAEL. ALL ROOMS ARE NEWLY FURNISHED AND THERE IS A 1300 SQ FT 1BD, 2BA OWNERS/MANAGERS LIVING QUARTERS WITH A FULL KITCHEN AND PANTRY PLUS A NICE BACK PATIO. LOBBY HAS A MANAGERS OFFICE, FULL LAUNDRY ROOM SODA AND VENDING MACHINE/ICE MACHINE. ALL INFORMATION IS APPROXIMATE AND SHOULD BE VERIFIED BY BUYERS IF IMPORTANT
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16BEDS
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2.73ACRES
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17BATHS
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01/2 BATHS
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6,100SQFT
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$574$/SQFT
School Ratings & Info
Description
***PLEASE TAKE NOTE: SELLERS WILL ONLY ACCEPT CASH DEALS AND POSSIBLE OWNER FINANCING WITH LIMITED TERMS. FINANCED OFFERS WILL NOT BE CONSIDERED...ABSOLUTELY NO EXCEPTIONS*** 15 COMPLETELY REMODELED UNITS PLUS A 1BD 2BA WITH KITCHEN OWNERS APARTMENT. THE ADJACENT VACANT LOT GIVES A COMBINED 2.7 ACRES RIGHT ACROSS FROM THE BEACH. THE DEVELOPMENT POSSIBILITIES ARE ENDLESS!! ANNUAL GROSS INCOME IS $350,000-$360,000. MOTEL WAS COMPLETELY RENOVATED FROM STUDS TO RAFTERS AFTER HURRICANE MICHAEL. ALL ROOMS ARE NEWLY FURNISHED AND THERE IS A 1300 SQ FT 1BD, 2BA OWNERS/MANAGERS LIVING QUARTERS WITH A FULL KITCHEN AND PANTRY PLUS A NICE BACK PATIO. LOBBY HAS A MANAGERS OFFICE, FULL LAUNDRY ROOM SODA AND VENDING MACHINE/ICE MACHINE. ALL INFORMATION IS APPROXIMATE AND SHOULD BE VERIFIED BY BUYERS IF IMPORTANT
© 2023 Realtors Association of Franklin and Gulf Counties. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or St. George Island Realty. Data last updated: 2023-01-27T17:42:25.427.