4891 US Highway 1, Fort Pierce FL 34946
23-Unit Hospitality Investment - For Sale
Building Size 8,718 SF (combined)
23-Unit Hospitality Investment
- The Fountains Hotel features 23 efficiencies and suites that currently bringing in a net operating income of $240,000 a year.
- Site features renovated units and amenities such as a pool, hot tub, grill, conference center, breakfast room, on-site laundry facilities, gym, and professional center.
- Convenient driving distance to the beaches, golf, shopping and restaurants.
- Property has potential to be converted into an assisted living facility or rehabilitation center.
- Capital improvements include a new water treatment system installed in 2021 plus the construction of a new rental suite structure.
Conor Mackin (firstname.lastname@example.org)