Address
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Address: 120 NW 40TH AVENUE
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City: OCALA
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State/county: FL
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Zip/Postal Code: 34482
Description
Branded Flag Motel for Sale – Ocala, FL (I-75 Highway Location)
Property Highlights:
• Rooms: 64
• Parking: 90+ spaces
• Annual Revenue: $1.7 million
• PEEP: 0
• Existing Loan: $4.3 million
• Appraisal Value: $6.5 million
• Asking Price: $6.2 million
Description:
A highly desirable branded flag motel located directly off the busy I-75 highway in Ocala, offering excellent visibility and strong year-round traffic. This property boasts $1.6 million in annual revenue, spacious parking, and 0 PEEP, making it a secure and stable investment.
With a recent appraisal of $6.5 million approx, the property is attractively priced at $6.2 million, providing immediate equity for qualified buyers.
This is a rare opportunity to acquire a well-performing hospitality asset in a prime location with significant upside potential.
Details
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Property ID TB8466780
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Price $6,200,000.00
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Property Size 30828 sqft
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Land Area 1.68 sqft
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Garage Size x x
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Year Built 2003
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Type Hotel/Motel, Commercial Sale
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Property Status Active, For Sale
Additional details
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Cooling Central Air
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County Marion
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Property Type Commercial Sale
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