Eden Hotel

Highlights:

• Lot Features: City Location, Near Airport, Near Seaport
• Building Features: Exterior Lighting, Landscaped, Laundry Facilities, Other Miscellaneous, Outside Storage, Pool, Reception Area, Separate Office Area
• Documents Available: Aerial Photo(S), Site Plans
• Flooring: Tile, Vinyl
• Parking Features: Guest
• Accessibility Features: Accessible Parking
• Security Features: Security System
• Insurance Expense: 73186

Description:

This 25-unit asset presents a compelling opportunity for a hospitality focused investor seeking scale, character, and immediate income. Originally constructed in 1945 & 1946 but fully gut-renovated with an effective year of 2026, the property offers a distinct architectural identity that aligns well with boutique or full-service hospitality concepts, while its unit count provides operational efficiency and revenue diversification. The building’s layout and vintage charm create a strong foundation for repositioning or continued use as a high-demand lodging asset.
Currently operating with strong occupancy, the property delivers stabilized cash flow from day one, minimizing vacancy risk and providing a reliable income stream. The consistent occupancy underscores the asset’s functionality and appeal, while also offering a clear runway for a new owner to enhance revenue through strategic upgrades, branding, or service expansion. The property is well-suited for centralized management and streamlined operations typical of hospitality investments.
The combination of its boutique appeal and new renovations offers a rare value-add opportunity in today’s market. Investors can capitalize on the existing performance while
implementing a tailored vision to elevate the asset—whether through enhanced amenities or repositioning within the hospitality spectrum. This is a unique chance to acquire a stabilized yet flexible property with strong fundamentals and significant upside potential.

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Listing ID: A12083379