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Tampa Bay Area
Business Observer Friday, May 7, 2010 9 years ago

St. Pete motel owners buy Cheri-Lyn motel

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St. Petersburg motel owners Robert and Anna Wodzisz purchased the bayside 24-room Cheri-Lyn motel on Treasure Island for $1.2 million.

BUYER: Cheri-Lyn Inc. (principals: Robert and Anna Wodzisz), St. Petersburg


SELLER: Kazimierz and Maria Swol


PROPERTY: 11705 Gulf Blvd., Treasure Island


PRICE: $1.2 million


PREVIOUS PRICE: $800,000, January 1987


LAW FIRM ON DEED: Macfarlane Ferguson & McMullen, Clearwater


PLANS, DESCRIPTION: St. Petersburg motel owners Robert and Anna Wodzisz purchased the bayside 24-room Cheri-Lyn motel on Treasure Island for $1.2 million.


The price equated to $50,000 per unit.


“We were attracted by a combination of the location and the price,” Robert Wodzisz says. “It needs to be remodeled and the business needs to be brought up. The couple that owned it didn't do much with it in the summer. We are going to try to build up the Web site to attract that local customer.”


The Wodziszes plan to paint the exterior of the facility and change the lighting.

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