2831 Reynolds Drive, Fort Pierce, FL Not Provided

$4,800,000

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List Price
$4,800,000
Days on Market
1
MLS#
B26098190
Year Built
1993
Acres
2.07
MLS Area Major
7400

Property Description

72-room limited-service hotel in Fort Pierce, offered as a going concern with the real estate, business, FF&E, and licenses. Fee simple; land and building owned, no ground lease. Two-story, exterior-corridor building, built 1993, on 2.07 acres, with an outdoor pool and spa, lobby, and breakfast area. Located just off Okeechobee Road (SR 70), between the I-95 and Florida's Turnpike interchanges, among fuel stops, restaurants, and other hotels. Operates under a national franchise; owner reports it transfers, subject to franchisor approval and any PIP. Priced under the SBA 7(a) $5 million loan limit. Financials available upon request with a signed Confidentiality Agreement.

Additional Information

Taxes
$121,186
Zoning
Comm Parkw
Utilities
Cable Connected, Electricity Not Available, Sewer Connected, Water Connected
Heating
Wall Furnace
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
CBS (Concrete Block Structure), Block
Roof
Metal

Listing courtesy of LYNQ Real Estate.

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