Here's an exciting opportunity to acquire a six-unit motel near downtown Bradenton, just a few blocks from the Manatee River. The property is ideally located near the scenic Riverwalk, Manatee Memorial Hospital, dining options, and major transportation routes, making it attractive to tenants and ensuring long-term rental demand. Adding to its appeal, the property is situated in an opportunity zone and Flood Zone X. The motel has been owner-operated for over twenty years with a solid history of high occupancy and stable cash flow. Units are primarily rented weekly and average 90% occupancy at $1,875 per week. With increased signage and marketing, we anticipate increasing occupancy to at least 95% and raising daily rates to $350 plus.

This investment features six furnished, studio-style units, all equipped with kitchenettes and bathrooms. Additional amenities such as a community BBQ grill and on-site parking further increase tenant appeal. A small office space is another feature, along with a spacious lot. This property not only offers strong cash flow but also presents a significant value-add opportunity to make property improvements and increase daily rates. Additionally, the T4-O zoning allows for up to three stories, presenting the potential for redevelopment to maximize your return.  

Seize the opportunity to capitalize on a stable investment in a prime location with increasing tenant interest. Please contact your EquityPro Advisor for additional information.