Awesome hotel potential! “Julia Gardens” building sits on a 100ft x 75ft parcel on Sea Grape Street just 1 mile south of San Pedro Town Center. It consists of 12 studios, each with kitchen, bedroom, bathroom (with tub) and living/dining area. There are also 2 one-bedroom units. Each of these has a large separate bedroom with tons of storage as well as a larger living/dining/kitchen area as well as a private veranda.
Finally there is a huge 3rd floor Penthouse apartment consisting of a large living/dining/kitchen “great room” and two bedrooms each with en-suite bathrooms. This is a luxury unit and would be perfect for the owners of the building.
There’s a storage bodega which also doubles as a caretakers casita. Also, a very cute little swimming pool with a waterfall that emanates from the stairwell of the main building…a real architectural touch!
These units stay occupied throughout the year…currently the occupancy is close to 90%.
“Julia Gardens” 12 studios, 2 one bedroom units and a luxury 3rd floor penthouse
- Just 1 mile from San Pedro Town Center
- Effectively 16 bedrooms, 16 bathrooms!
- Superb potential to be a real moneymaking hotel
- Small swimming pool, solid building construction
- Very well priced at
$749,000.00US, now reduced to a ridiculously low $629,000.00US!!
Contact Cindy to view 850-393-5134 or email Cindy@TheParadiseHomeTeam.com
Cindy,
I’m interested in more photos of the property. The square footage of the units and the penthouse. Also would like some financial information.
Thank you,
Scott K. Reichert