Blue Tarpon Hotels, LC - Days Inn Franchise

Location: 40050 U.S. Highway 19 North, Tarpon Springs, Florida

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Property: The property consists of a 210 Room Hotel that was operated as a Days Inn Franchise.  The property was comprised of three (3) separate structures, a 54,864 SF, three story motel structure, a 27,408 SF , three story motel structure, and a single story, 4,680 SF lobby/guest reception structure.

Receivers Duties: Secured and maintained common area.  Oversaw demolition of all existing structures and site permitting for re-development.

Lender: Capital Resources of Florida