Blue Tarpon Hotels, LC - Days Inn Franchise
Location: 40050 U.S. Highway 19 North, Tarpon Springs, Florida
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