• Type
  • Hotel/Motel, Commercial Sale
  • 30828 Sqft
  • Area Size
  • 1.68 Acres
  • Land Area
  • 2003
  • Year Built

120 NW 40TH AVENUE, Ocala, FL 34482

  • $6,200,000.00
  • Address: 120 NW 40TH AVENUE
  • City: OCALA
  • State/county: FL
  • 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

  • Property ID TB8466780
  • Price $6,200,000.00
  • Property Size 30828 sqft
  • Land Area 1.68 sqft
  • Garage Size x x
  • Year Built 2003
  • Type Hotel/Motel, Commercial Sale
  • Property Status Active, For Sale

Additional details

  • Cooling Central Air
  • County Marion
  • Property Type Commercial Sale

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All information contained herein is deemed accurate but is to be verified by the purchaser. Buyer's Agent is responsible for their due diligence, including but not limited to verifying community information and rules, square feet, room dimensions and taxes, lot size, utility data, and school assignments. Room sizes and square footage are approximate and should be independently verified by the buyer/buyer's agent.

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