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Gram's Place Hostel 3109 N Ola Ave 8 Room Hostel Tampa, FL 33603 $1,081,838 CAD ($135,230 CAD/Room)
INVESTMENT HIGHLIGHTS
- Tampa’s oldest hostel, operating since 1991, and named in honor of singer-songwriter Gram Parsons.
- Two full kitchens, heated jacuzzi/spa deck, music stage, rooftop “Crow’s Nest,” and secure coded entry throughout the property.
- Popular with world travelers, business professionals, families, artists, and musicians in Tampa Heights—the city’s fastest-growing neighborhood.
- Features 6 private ensuite rooms, 6 shared dorms, 2 semi-private rooms, plus multiple common areas and outdoor amenities.
- Just 1 mile from downtown Tampa, near Armature Works, Straz Center, University of Tampa, Ybor City, Riverwalk, and major attractions.
- Proven profitability with opportunities for upcharges and additional income streams in a thriving hospitality market.
EXECUTIVE SUMMARY
This is Your Opportunity to Own a Piece of History!Income Producing B&B/ HOSTEL Gram's Place Bed and Hostel is Tampa's oldest Hostel. Gram's Place Bed and Hostel features 6 completely private rooms with ensuite baths, 6 traditional shared dorm rooms with shared baths, 2 'Semi-Private” Rooms which are still private, but without an ensuite bath, and multiple common areas as well as an outdoor ½ bath and shower. All rooms are air conditioned, and the property has full internet, in this music-themed hostel. Two full kitchens are available to all of the guests to prepare one’s own or communal meals ,with cookware, plates, and silverware. The compound features a heated jacuzzi /spa patio deck, open seating and quiet areas with deck chairs, two countertops and stools for guests to use, a stage for music performances and concerts, and a full laundry staff and laundry services for guests. The whole property is fenced with a secure NEW fence and coded locks on all the doors and entries for additional security and control of access. Guest have long enjoyed our “Stairway to Heaven” pathway that ascends and through the tree canopy to the rooftop platform in the trees that guests have affectionately named “The Crow’s Nest”. This quiet neighborhood of Tampa Heights neighborhood is the fastest growing area in the Tampa Bay area. “Plymouth Playground” neighborhood park is across the street and features basketball courts, a picnic-ready green lawn, a baseball park, and a children’s playground for everyone’s use and enjoyment. The family-run Bed and Hostel, in continuous operation since founded in 1991, has been a long-time destination for world travelers, businesspeople, and folks from every walk of life. are all welcome and cater to Business Professionals, Couples, Members of the LGBTQ community, Families with children, Artists, Musicians, Singers, Songwriters, Actors, Painters, and Poets, etc. from all corners of the world. This commercial property is located:1 mile north of downtown Tampa./ 1/2 mile to Armature work and Straz Performing Arts Center/ 1.25 mile from University of Tampa / 1 .5 miles to Historic Ybor City/ 2 Miles to Downtown Riverwalk and Bayshore Blvd. / 5 miles to Busch Gardens /2.5 miles to Raymond James Stadium Riverside Heights is an easy commute to all areas of Tampa and close to bridges to St Petersburg, Clearwater and Gulf Beaches. This hostel/hotel is a profit maker and has the potential for upcharges and additional income possibilities. Gram’s Place Bed and Hostel is named in honor of Singer/Songwriter Gram Parsons (1946-1973).
PROPERTY FACTS
AMENITIES
- Balcony
- High Speed Internet Access
- Patio
- Boutique/Lifestyle Hotel
- Bed & Breakfast
- Meeting Event Space
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 5 | $170.30 CAD | - |
| Guest Room | 3 | $93.53 CAD | - |
Bike Score®
Very Bikeable (72)
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Gram's Place Hostel | 3109 N Ola Ave
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