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$949,999 • waterfront access
This 44 unit motel was closed for a long time, existing owner's bought from bank. they totally renovated the property to new condition. within 4 days of receiving all city, county and state permits they were at 100% occupancy. some tenants are over nightbut most pay weekly and are there long term. in attachments are projected sale and noi. no reason not to believe this property is a money maker with little effort from a owner operator. view is spectacular across lake parker. call listing agent to make arrangements to tour lakelands newest most profitable motel.Multi Family - SHORE ACRES
1539 E MEMORIAL, LAKELAND, FL 33801
Date Sold 08-07-2014
Sold Price$925,000 Asking Price$949,999
Share by:
- Lot size 45784sqft
- Taxes: Register to see
- Year Built 1973
-
Days on market:
101 day(s) Original Price:
$949,999Tax Legal Description:
SHORE ACRES PB 7 PG 15 BLK 14 LOTS 1 2 3 & 36 & 35 & THAT PT OF LAKE SHORE DR LYING BETWEEN SAID LOT 35 & R/W OF MEMORIAL BOULEVARD VACATED BY OR 591 PG 88Tax Year:
2013-
MLS:
U7614262 -
Property Type:
Multi Family -
Parking:
Over 30 Spaces -
Waterfront:
Yes Waterfront Description:
LakeWaterfront-
View:
Water
Construction Type:
ConcreteRoof:
FlatBuilt-UpConcreteCooling Description:
Wall/Window Unit(s)Heating Description:
Reverse CycleWall Units / Window UnitSpecial Listing Conditions:
NoneLot Features:
Corner LotCity Lot Waterfront
Description
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