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.