Hotel for Sale in Naples, Florida, Naples, Florida, USA

Naples Florida Boutique Apartment/Hotel for Sale by Owner

14 Unit Boutique Apartment Hotel--- Rare Opportunity !!!!!!!!!!!!!

- Exclusive Naples Tropical Setting in Central Location

- Minutes from Gulf beaches, Recreational Activities and walking distance to
shops and restaurants

- Each apartment approximately 600 sf includes fully equipped kitchen,
central air conditioning, cable TV, separate bedroom with private screened
balcony

- Rates based on Daily or Weekly occupancy

- C-4 Zoning - one half block off US41 (Tamiami Trail)

- Established repeat clientel throughout many years

- Currently listed on all major travel sites

- Presently operates as Vacation Rental accommodation, but easily adaptable
to Assisted Care Living Facility, Medical Rehab. Center...and more

- High Volume Traffic Exposure

- $195,000 Net Operating Income (NOI) = 8.7% Cap Rate**
(FIGURES BASED ON 7 MONTH OPERATION)