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3725 Mobile Hwy

Pensacola, FL 32505
  • $800,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 605682
$800,000
  • 0
    BEDS
  • 1.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:
Area:

School Ratings & Info

Description

This 22-room corner lot motel sits on one of the busiest highways in Pensacola, Florida. It's a 100% cash-based business with most renters paying rates of around $54/day or $275/Week, and nearly full occupancy year-round. New Roof. Current owners states it does this much, mostly cash. Based on our analysis, after an estimated $5000 per room renovation, rents could go up to $72 a day or $400/week. Amazing investment opportunity for any cash investor, especially if renovations are done.

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© 2022 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2022-05-21T23:54:18.027.
www.perdidokeypropertysearch.com/homes/126960743
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3725 Mobile Hwy Pensacola, FL 32505

  • Price: $800,000
  • Status: Active
  • On Site: 60 Days
  • MLS #: 605682
0
Beds
0
Baths
0
½ Baths
1.05
Acres
County:
Escambia
Area:
Pensacola
Property Description
This 22-room corner lot motel sits on one of the busiest highways in Pensacola, Florida. It's a 100% cash-based business with most renters paying rates of around $54/day or $275/Week, and nearly full occupancy year-round. New Roof. Current owners states it does this much, mostly cash. Based on our analysis, after an estimated $5000 per room renovation, rents could go up to $72 a day or $400/week. Amazing investment opportunity for any cash investor, especially if renovations are done.
Exterior Features

Frontage Length 249

Property Features

Area Description Excellent Hotel/Motel Property. 22 Rooms To Rent Along With An Office/Manager's Suite(1500 Sq.Ft.) Current Financing CashConventional Listing Agreement Exclusive Right To Sell Property Sub Type Other Sale Rent For Sale Special Listing Conditions As Is

Listing provided by Exp Realty, Llc: 888-883-8509.


© 2022 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2022-05-21T23:54:18.027.
 
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The Kathy Justice Team - Better Homes and Gardens Real Estate Main Street Properties
13578 Perdido Key Dr
Perdido Key FL, 32507