Patel family buys Venice's Oza Inn, renaming it Sunshine Motel


  • By
  • | 10:00 a.m. March 27, 2015
  • | 0 Free Articles Remaining!
  • Manatee-Sarasota
  • Share

BUYER: Jay Shree Varahi Motel LLC (associates members: Dipakkumar and Chandrakant Patel), Venice
SELLER: Oza Inn LLC
PROPERTY: 1602 S. Tamiami Trail, Venice
PRICE: $850,000
PREVIOUS PRICE: $700,000, March 2010
LAW FIRM ON DEED: Boone Boone Boone & Koda PA, Venice

PLANS, DESCRIPTION:
The Patel family purchased the 20-unit Oza Inn for $850,000.

The price equated to $42,500 per unit.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content