Property Attributes
- MLS#222059866
- TypeContingent
- CountyCOLLIER
- CityNaples
- AreaNA19 - Lely Area
- Zip34113
- Style
- Year Built1961
- Taxes$ 6010
- Price$ 2,300,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5917
- Lot Size0.59 Acres
Data Source:
Naples Area BOR (NABOR)
Property Description
Exclusively offered for investors with a passion for vacation rentals, seize the perfect opportunity at the East Trail Motel. This cherished family-owned and operated establishment has thrived for over two decades, showcasing the owners' unwavering commitment and attention to detail. Now, as the owner enters a well-deserved retirement, you can step into this lucrative venture. Situated a mere 6 miles from the vibrant heart of Naples, Florida's renowned 5th Avenue, the motel's prime location promises endless potential. As the area experiences a surge in new developments, you can tap into the tremendous opportunities that lie ahead. Discover a collection of single-story buildings housing 9 motel efficiency units, ensuring streamlined operations and maximum guest satisfaction. Furthermore, a two-story building awaits, boasting a spacious 1600+ sq ft apartment on the second floor, while the first floor encompasses an office, a laundry room, 2 studio units with kitchens, and an additional 2 efficiency units. In total, this exceptional property offers a remarkable 14 units, ready to welcome guests and generate substantial returns. Don't let this extraordinary investment slip away—act now
Price History | |
---|---|
8/22/2022 | Listed $2,500,000 |
10/14/2022 | 4% - $2,400,000 |
11/15/2023 | 5% - $2,300,000 |
General Features
Utilities Available | Phone Line,Sewer,Single Phase Electric,Trash Removal,Water |
---|---|
Property Type | Commercial |
Tax Year | 2021 |
Status | Pending With Contingencies |
Acres | 0.5900 |
Cumulative Days on Market | 647 |
Year Built | 1961 |
Taxes | 6010.68 |
Interior Features
Cooling YN | Yes |
---|---|
Heating YN | Yes |
Number Of Spaces Units | 12 |
Exterior Features
Lot Frontage | 114 |
---|---|
Waterfront Desc | None |
Canal Width | None |
Gulf Access | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool