Prime investment opportunity on highly visible Highway 27 in Lake Placid! This 29-room property is currently operating as H2A housing and offers strong income potential with the capacity to accommodate up to 130 occupants. The building features a durable metal roof and has been updated with new split-unit HVAC systems in every room, providing efficient and comfortable climate control throughout. With excellent highway frontage and easy access, this property is ideal for continued workforce housing, hospitality conversion, or other income-producing uses. Its large occupancy capacity and recent upgrades make it a turnkey opportunity for investors seeking immediate cash flow in a growing area. Don’t miss your chance to own a versatile, high-demand property in a prime location!
107 days
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114
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2
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Drew Bishop,
Keller Williams Realty Fort Myers and the Islands
Source: HFMLS,MLS#: 324399Originating MLS: Heartland Association Of Realtors