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Green Key Beach Motel 6434 US Highway 19

18 Room Hotel New Port Richey, FL 34652 $1,650,000 ($91,667/Room)

Investment Highlights

  • Great location with 176ft. Frontage on US Highway 19
  • Current owner refurbished most of the rooms
  • The price includes the Business and the Real Estate,
  • 18 units Motel, with a Reception area directly connected to a Large Apartment for the owner, or the Manager to reside.
  • All the doors are equipped with electronic Locks
  • Please contact Eric Cederman for additional information and financials

Executive Summary

Great location with 176ft. Frontage on US Highway 19. This 18 units Motel, with a Reception area directly connected to a Large Apartment for the owner, or the Manager to reside. Current owner refurbished most of the rooms and all the doors are equipped with electronic Locks. Averaging 75% occupancy and room to improve. Huge lot in the back of the building. The price includes the Business and the Real Estate, Turn key Ready to operate for a new owner. Please contact Eric Cederman for additional information and financials, and showings. Please do not visit without contacting Eric Cederman first.

Property Facts

Price $1,650,000
Price Per Room $91,667
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.50 AC
Building Size 7,450 SF
No. Rooms 18
No. Stories 2
Year Built/Renovated 1952/2006
Parking Ratio 1.88/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke Detector

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 18 $54.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-26-16-0030-20600-0205
Land Assessment
$117,256
Improvements Assessment
$118,491
Total Assessment
$235,747

zoning

Zoning Code MU19 (C. Hotel Motel)
MU19 (C. Hotel Motel)
  • Listing ID: 33246679

  • Date on Market: 9/20/2024

  • Last Updated:

  • Address: 6434 US Highway 19, New Port Richey, FL 34652

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