Categories
Hotel/Motel
About this property
FEATURES:
- 18 Unit Vacation & Hotel Rental in Sebastian’s Riverfront District!
- 15, One-Bedroom and 3, Two-Bedroom Units
- On-Site Laundry Facilities!
- Recent Capital Improvements Including Re-Plumbing, Re-Roofing, and Renovating Bathrooms/Kitchens.
- Meticulously Maintained and Managed with Strict Requirements for New Guests as well as Diligent Cleaning Standards
BUILDING: 9 Buildings Totaling Approximately 10,257 SF
PROPERTY SIZE: .76 Acres with 172 Ft. of Frontage on US Hwy 1
ZONING: (CG) General Commercial
RE TAXES: $7,221.96 (2020)
UTILITIES: County Water, Sewer & Septic, FPL
NOI: $148,765.53
CAP RATE: 8%
PRICE: $1,795,000
Property details
- Property Type
- Residential
- Building Type
- Freestanding
- Building Size
- 10,257 sqft
- Land Size
- 0.76 acres
- Units
- 18
- Sewer
- County, Septic
- Water
- County
- Zoning
- (CG) General Commercial
- Electric
- FPL
- Year Built
- 1936
Location
- Address
-
11330 US Highway 1
Sebastian, Florida 32958