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875 North Route 2, Inn on the Bay, Agat, GU 96915 (MLS# 20-1378)



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Welcome Main Entrance Main Entrance Welcome Parking and front view Parking and front view Front view Front view Wide, breezy, walkways for all 3 floors. Wide, breezy, walkways for all 3 floors. The courtyard. The courtyard. The Court yard. View from the front View from the front View from the front View from the front The building on the ocean side showing balconies and individual split aircons. The building on the ocean side showing balconies and individual split aircons. Inside an occupied unit. Inside an occupied unit. Inside an occupied unit. Inside an occupied unit. Inside an occupied unit. Inside an occupied unit. Balcony views. Balcony views. Balcony views. Balcony views. Pool and Party Area. Pool and Party Area. Pool and Party Area. Pool and Party Area. Pool and Party Area. The Gym The Gym Laundry room Laundry room Location, Location.... Location, Location.... Location, Location.... Location, Location.... Location, Location.... Location, Location.... Location, Location.... Location, Location.... Location, Location.... Location, Location....


6750000
$6,750,000
875 North Route 2, Inn on the Bay
Agat, GU 96915
MLS# 20-1378
Status: Closed
House Size 36899 sqft
875 North Route 2, Inn on the Bay, Agat, GU 96915
MLS# 20-1378
Status: Closed
House Size 36899 sqft
$6,750,000


Useful Property Information
Inn on the Bay is undergoing a conversion to condominiums. Per a Feb. 2020 appraisal, the value of the currently occupied 62 residential units only, once converted to condos, is estimated to be $8.5 Million. In addition to the 62 residential units, there is an additional 8,242 sf in non-residential space, which, depending on its ultimate usage, could increase the value of the property to $10 Plus Million. Per management, occupancy rate for last 3 years has been 95%-98%. Info provided is deemed accurate but not guaranteed and Buyer is strongly urged to conduct their own independent investigation.Financial and other info available with signing of confidentiality NDI agreement.

Property Details
Location Map
Contract Information
Current Price: $6,750,000
List Date: 2020-05-09
Status: Closed
List Price: $6,750,000
Lock Box Info: None
Pending/Sold Information
Sold Date: 2020-10-07
Location
Building/House #: 875
Street Direction Pfx: North
Street Name: Route 2
Building Name: Inn on the Bay
Village: Agat
Postal Code: 96915
State/Province: GU
Geo Lat: 13.400124
Geo Lon: 144.663422
Property Description
Book Section: Commercial
Realtor.com Type: Commercial
Living Area SqFt: 36899
SqFt Source of Info: REALTOR
Year Built: 1989
Lot +/- Sq Meters: 5789
Stories: 3
Access: Paved
Flood Zone: UNKNOWN
View: Beach Front
Condition: Excellent
Ownership: Fee Simple
Lot: Lot 235-3NEW, Agat,
Utilities
Sewer/Septic: Publc Sewer
Appliances
Appliances: Stove and Refrigerator
Parking
# of Space Uncovered: 62
Features & Amenities
Security Guard: Full Time
Com Area Fee Include
Security: 1
Trash/Recycle Collection: 1
Property Features
Construction: Poured Concrete
Roof: Concrete
Flooring: Ceramic Tile
Elevators: Passenger
Laundry: Laundry Room
Backup Generator: Full
Features & Amenities: Fire Sprinkler Sys.; Mail Delivery; Pavilion/BBQ Area; Prof. Landscaping; Security Camera
Com Area Fee Include: Insurance; Typhoon Coverage; Water; Electricity; General Maintenance

Last Updated: October - 08 - 2020

875 North Route 2, Inn on the Bay, Agat, GU 96915 - MLS# 20-1378

All properties are subject to prior sale, exchange or withdrawal. Neither listing broker(s) nor displaying broker, nor the GUAM ASSOCIATION OF REALTORS, INC. Multiple Listing Service shall be responsible for any typographical errors, misinformation, or misprints. Copyright 2020 GUAM ASSOCIATION OF REALTORS, INC. Multiple Listing Service. All rights reserved.

Thursday 26th of November 2020 12:52 AM

TOP REASONS WHY YOU SHOULD WORK WITH A "REALTOR®".

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If you are interested in a property, we recommend working with a REALTOR® of your choice.

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REALTORS® aren’t just agents. They’re professional members of the National Association of REALTORS® and subscribe to its strict code of ethics. This is the REALTOR® difference for home buyers:

  1. An expert guide. Selling a home usually requires dozens of forms, reports, disclosures, and other technical documents. A knowledgeable expert will help you prepare the best deal, and avoid delays or costly mistakes. Also, there’s a lot of jargon involved, so you want to work with a professional who can speak the language.
  2. Objective information and opinions. REALTORS® can provide local information on utilities, zoning, schools, and more. They also have objective information about each property. REALTORs® can use that data to help you determine if the property has what you need.
  3. Property marketing power. Property doesn’t sell due to advertising alone. A large share of real estate sales comes as the result of a practitioner’s contacts with previous clients, friends, and family. When a property is marketed by a REALTOR®, you do not have to allow strangers into your home. Your REALTOR® will generally prescreen and accompany qualified prospects through your property.
  4. Negotiation knowledge. There are many factors up for discussion in a deal. A REALTOR® will look at every angle from your perspective, including crafting a purchase agreement that allows you the flexibility you need to take that next step.
  5. Up-to-date experience. Most people sell only a few homes in a lifetime, usually with quite a few years in between each sale. Even if you’ve done it before, laws and regulations change. REALTORS® handle hundreds of transactions over the course of their career.
  6. Your rock during emotional moments. A home is so much more than four walls and a roof. And for most people, property represents the biggest purchase they’ll ever make. Having a concerned, but objective, third party helps you stay focused on the issues most important to you.
  7. Ethical treatment. Every REALTOR® must adhere to a strict code of ethics, which is based on professionalism and protection of the public. As a REALTOR®’s client, you can expect honest and ethical treatment in all transaction-related matters.