Sukhwa Young
Tampa/Hillsborough
97827788
Services: Hotel, Motel, Lodging
$3,350,000
1968
Not Disclosed
$720,000
Not Disclosed
$NA
$75,000
$NA
Not Disclosed
Not Disclosed
Reason for Selling:
Not Disclosed
Overview of the Business:
This is a well-established hotel property with a steady stream of clientele. This property has a prime location on Fowler right off I-275 close to USF & the University Mall. The hotel is a Howard Johnson with 68 rooms & an occupancy rate of 60%. There are 42 double rooms & 26 single rooms along with 1 manager room. The hotel contains a nice swimming pool and has low rates. The hotel has great road frontage, sign visibility & high traffic volume. There is no renovation needed. The rooms, hallways & property are in prime condition. The hotel was originally listed for $4,400,000 and has had multiple offers. Now it is reduced to $3,350,000. Priced for a quick sale. Do not hesitate to call for an appointment.
Additional Details: