PROPERTY HIGHLIGHTS • Built between 1948 and 1954. • Situated on ±0.58 acres along Gulf Boulevard in Treasure Island, Florida; Treasure Island is located on the Gulf of Mexico on Florida’s West Coast. • Amenities include on-site motel office, laundry facility and swimming pool • Several units have recently been renovated with upgraded appliances and finishes • Traditionally high occupancy rates - ability to immediately raise rates • The Property consists of 29-units in five buildings as follows: 5 - standard motel rooms - ± 292 s.f. each 11 - efficiency rooms - ± 340 s.f. each 11 - 1 BR / 1 BA rooms - ± 516 s.f. each 2 - 2 BR / 1 BA rooms - ± 797 s.f. each