STATUS: ACTIVE,
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YEAR BUILT: 1970, MLS #: A10618480, TAX YEAR: 2018
9-UNIT HOTEL/MULTI-FAMILY HAS GONE THROUGH A MAJOR RENOVATION. 6 OF THE 9 UNITS HAVE BEEN GUTTED AND UPDATED WITH MODERN FINISHES; MARBLE FLOORS, MODERN KITCHENS WITH QUARTZ COUNTER TOPS, NEW BATHROOMS, RECESSED LIGHTING, SPLIT A/C UNITS, UPDATED ELECTRIC AND PLUMBING. THE ENTIRE BUILDING HAS IMPACT WINDOWS AND DOORS. HOTEL LICENSE COMES WITH THE PURCHASE. DAILY VACATION RENTALS ARE ALLOWED. DIRECTLY ONE BLOCK FROM THE SANDY BEACHES, RESTAURANTS, GROCERY STORES AND ENTERTAINMENT. 100% RENTED AT ALL TIMES. HIGHEST AND BEST USE IS AS A VACATION RENTAL, WHICH OFFERS A 9-10% CAP.
AMENITIES: COMMUNITY LAUNDRY FACILITIES, CONCRETE BLOCK STUCCO, MARBLE FLOORS, TILE FLOORING, ELECTRIC HEATING, WALL HEATING UNIT(S), WALL OR WINDOW AIR CONDITIONER(S), CENTRAL AIR CONDITIONING, LOT SIZE IS 1/4 ACRE OR LESS, ASSIGNED PARKING, COMPOSITION ROOF, PUBLIC WATER SUPPLY,
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