Status   SOLD  
424 2nd Street N, St. Petersburg, FL, 33701 United States sold
$400,000
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List Date4/26/2013
TypeHotel / Motel
AreaPinellas County
Lot Size0.1148 acres
Age50
ParkingStreet
Description: Brief Description: The Anderson House Hotel is a profitable, well maintained business located in the heart if downtown St. Petersburg with fantastic upside potential.

Property Attributes
Good mix of hotel guests.
The property and mechanical systems have all been well maintained.
13% Capitalization rate (P&L available upon request).
Very low vacancy historically.
Fully licensed to operate as a Hotel.
Property may be redeveloped to 9 residential units (condos or apartments).
Across from Kahwa coffee on 2nd St.