Tim Hack
Property 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 millionDescription: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.
Property Features
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: IMPACT REALTY TAMPA BAY
Agency Contact: 813-321-1200
Shown By
Agent Name: Tim Hack
Agent Phone: (386) 740-5945
Agency Title: Watson Realty Corp., REALTORS ®
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120 NW 40th Avenue | MLS# TB8466780
This commercial property located at 120 NW 40th Avenue, Ocala, FL 34482 is currently listed for sale with an asking price of $6,200,000. Search Ocala real estate on timhack.watsonrealtycorp.com today.