This property is courtesy of Keller Williams Eagle Realty.
This 13 unit mimo hotel is located on a huge 20,953 sf lot ready for development. It is being managed as a rental complex (month to month), but owner has the active hotel license. All units have updated kitchen's and consist of 6-studios ($775/m rent each), 4-one bedrooms ($800/m each), 1-2/2 ($850/m), 2 small studios ($675/m each). Built in 1945, with 13 parking spots, easily turned back into a hotel. As a rental property the current cap is 5%. Please view photos and attachments. Do not approach tenants !