Description
OWNER SAYS SELL! BRING ALL OFFERS! Great deal on a centrally located revitalized area. Currently used as a hotel with $300K gross income and 12.05% cap rate. The property has 134 feet of waterfront, and overlooks the river that runs behind plus there is a scenic park just on the other side of the river. The location is within a close proximity to Wynwood and shopping districts with just a short distance to the beach. This building is currently used as a 12 unit hotel. (Tax record reflects 8 apt. units.) The two adjoining properties are also available...providing 445 feet along the river, which would be great for redevelopment. Call for more details.
School Ratings & Info
Description
OWNER SAYS SELL! BRING ALL OFFERS! Great deal on a centrally located revitalized area. Currently used as a hotel with $300K gross income and 12.05% cap rate. The property has 134 feet of waterfront, and overlooks the river that runs behind plus there is a scenic park just on the other side of the river. The location is within a close proximity to Wynwood and shopping districts with just a short distance to the beach. This building is currently used as a 12 unit hotel. (Tax record reflects 8 apt. units.) The two adjoining properties are also available...providing 445 feet along the river, which would be great for redevelopment. Call for more details.
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