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$ 2,300,000
Est. payment | /mo
0.59 Acres Lot
$ 2,300,000
Est. payment | /mo
0.59 Acres Lot
Key Details
Property Type Commercial
Sub Type Business w/Property
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID 222059866
Year Built 1961
Annual Tax Amount $6,010
Tax Year 2021
Lot Size 0.590 Acres
Property Sub-Type Business w/Property
Source Naples
Property Description
Exclusively offered for investors with a passion for vacation rentals, seize the perfect opportunity at the East Trail Motel. This cherished family-owned and operated establishment has thrived for over two decades, showcasing the owners' unwavering commitment and attention to detail. Now, as the owner enters a well-deserved retirement, you can step into this lucrative venture. Situated a mere 6 miles from the vibrant heart of Naples, Florida's renowned 5th Avenue, the motel's prime location promises endless potential. As the area experiences a surge in new developments, you can tap into the tremendous opportunities that lie ahead. Discover a collection of single-story buildings housing 9 motel efficiency units, ensuring streamlined operations and maximum guest satisfaction. Furthermore, a two-story building awaits, boasting a spacious 1600+ sq ft apartment on the second floor, while the first floor encompasses an office, a laundry room, 2 studio units with kitchens, and an additional 2 efficiency units. In total, this exceptional property offers a remarkable 14 units, ready to welcome guests and generate substantial returns. Don't let this extraordinary investment slip away—act now
Location
State FL
County Collier
Area Na19 - Lely Area
Exterior
Utilities Available Phone Line, Sewer, Single Phase Electric, Trash Removal, Water
Waterfront Description None
Listed by DomainRealty.com LLC
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Nick Bejelis
Real Estate Advisor | Lic# 3346591