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E-mail: aturowski@ccim.net | Alex Turowski, CCIM |
| Web: www.WabeekRealty.com | (727) 224-1317 |
| Property Address: 10200 Gulf Blvd. Treasure Island, FL 33706 | |||||||
| Type of Property: | Motel | ||||||
| Price: |
$1,299,900 |
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| Total Units: |
7 |
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| Type of Units: | One 2 bedroom/1 bath with Fully Equipped Kitchen | ||||||
| Three 1 bedroom/1bath with Fully Equipped Kitchen | |||||||
| Two Efficiencies with Fully Equipped Kitchen | |||||||
| One Studio with Fully Equipped Kitchen | |||||||
| Gross Building Area: | 3,712 SF | ||||||
| Heated Building Area: | 3,313 SF | ||||||
| Lot Size: | 6,500 SF (50 x 130) | ||||||
| Exterior Walls: | Block | ||||||
| Roof: | Shingle | ||||||
| Property Condition: | Very Good | ||||||
| Location: | Beach Front / Gulf of Mexico | ||||||
| Property Operating Data | ||||||||||
| This motel is currently operated as a part-time business. | ||||||||||
| Gross Income: | $110,000 (2010) $115,000 (2009) $122,000 (2008) | |||||||||
| MAJOR ANNUAL EXPENSES: | |||||||||||
| Real Estate Taxes | $ 12,000 | ||||||||||
| Property Insurance | $ 7,470 | ||||||||||
| Repairs and maintenance | $ 3,500 | ||||||||||
| Supplies | $ 1,700 | ||||||||||
| Water / Sewer / Garbage | $ 6,320 | ||||||||||
| Electric | $ 7,700 | ||||||||||
| Cable TV | $ 1,200 | ||||||||||
| Phone | $ 2,200 | ||||||||||
| Accounting and Legal | $ 1,200 | ||||||||||
| Advertising | $ 2,000 | ||||||||||
| TOTAL OPERATING EXPENSES | $ 45,290 | ||||||||||
| The statements and figures herein while not guaranteed are secured from sources we believe authoritative | |||||||||||
