Patriot Inn 301 N Thomas St Immeuble residentiel 14 lots 1 120 678 € (80 048 €/Lot) Taux de capitalisation 6,40 % Plant City, FL 33563

The Patriot Inn is a former hotel that has been converted to multifamily housing located in fast-growing Plant City, Florida. Conveniently located between Tampa and Lakeland along the I-4 corridor. Built in 1947, this 14-unit community sits on a 0.17-acre site next to City Hall along North Thomas Street right in the heart of historic downtown Plant City. The property offers ample off-street parking, on-street parking and greenspace for a future owner to implement community amenities. Units consist of fourteen studio units averaging 246 square feet. Each apartment is housed within a single, two-story, 1947 concrete block building.
Plant City is a rapidly growing bedroom community located just 15 miles east of Tampa along the I-4 corridor. It is known as the “Strawberry Capital of the World’ and hosts the Strawberry Festival every year which is a top 20 event in the Southeastern U.S. attracting over 500,000 patrons and producing an 800 million economic impact for the local economy each year. The neighborhood surrounding Patriot Inn consists of government buildings, public library, churches, parks, shops, restaurants and entertainment. Plant City is one of only a handful of markets in the U.S. within 3 hours drive to more than 20 million people. Publix is headquartered in nearby Lakeland and companies such as Amazon, FedEx, UPS, Walmart, City Furniture, Ace Hardware and Home Depot all have a major presence in the area providing thousands of white-collar jobs.