430 W Merritt Island Cswy - Hospitality FOR SALE


Merritt Island, FL 32952
$4,950,000 USD
430 W Merritt Island Cswy, Merritt Island, FL for Sale
$4,950,000 USD
Hospitality - FOR SALE
1/20
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430 W Merritt Island Cswy
Merritt Island, FL 32952


HIGHLIGHTS

  • One of two major hotels on Merritt Island. Conveniently located between mainland and Cocoa Beach
  • A blend of long term clients and short term transient tourists
  • It has a 2-bedroom manager/owner living quarters

OVERVIEW

Normal sale. Please call to discuss financing options.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$545 USD /SF

# OF ROOMS

23

PRICE/ROOM

$215,217 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aladdin Motel By OYO Merritt Island

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1959

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

TU1, County

APN/PARCEL ID

24-36-35-28-0000A.0-0013.00

ASK ABOUT THIS PROPERTY

Ralph LiuWeCoOwnMore Info

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