2-Hotel Portfolio Located in Clearwater, Florida

Price: $120,000 /unit

This 2-hotel portfolio contains the Rodeway Inn Central Clearwater Beach hotel, located at 20162 US Hwy 19 N, and the Clearwater Hotel, located at 20788 US Hwy 19 N, in Clearwater, Florida.

The Rodeway Inn Central Clearwater Beach hotel is a 3-story exterior corridor hotel, that offers 76 recently redesigned guestrooms.? Sitting on 1.43 acres, there is an additional 0.80-acre excess lot that can be utilized.? The property is located less than 15 miles from the Tampa Int'l airport.? Permits have just been pulled to re-roof the property.? In addition to the 76 keys, there is a 3 room manager's apartment, equipped with a kitchen.?

The Clearwater Hotel is a 2-story exterior corridor hotel that offers 86 rooms.? Situated on 2.17 acres, the property has ample parking space and an on-site private pool.? Two of the hotel rooms have been converted into meeting/office space.? In addition to the 86 rooms, there is a four-room manager's apartment which could be converted into 3 separate rooms if desired.?

This unique portfolio offers incredible value-add opportunities!