Roadway
Express Inn
GROSS: $812,380 NET: $279,527
PRICE: $3,600,000
56 UNITS
Well located. Guests enjoy golf less than 2 miles away and beaches less than 3 miles away. This property boasts great curb appeal and excellent highway exposure. Located just minutes from Tampa and less than 2/10ths. of a mile from I-75 this property offers all the latest in Express Hotel accommodations, including (but not limited to) Deluxe Breakfast Bar, large well appointed guest rooms with 25" color televisions, large tinted windows, interior corridors security key card door locks and a large lobby.
Probably the most important feature of the property is its location, directly across from the newly approved, 1,000 acre corporate park that is scheduled to bring up to 7,500 new jobs to the area, after the first phase is completed. This park is slated to have 450 single family homes, 150,000 sq. ft. of commercial space, 50,000 sq. ft. of office space and more than 3,000,000 sq. ft of light industrial space.
Further, the extra land at the hotel site is zoned for the construction of a 65 unit, four story, limited service Hampton Inn. With two strong flags flying at the property, and with the creation and completion of the corporate park, it is envisioned that room sales could exceed $2,500,000 per year.
CLEAN,
ATTRACTIVE AND GROWING!
FLORIDA RESORT GROUP, INC.
PHONE (727) 381-2211/frg@gate.net/www.frgi.com
Broker is an agent of and paid by the Seller. This document does not constitute or imply an offer of sub-agency to any other Broker. All information is obtained from Seller or Sellers Agent and is believed to be accurate, but is not warranted by the Broker. #1164.