$6,200,000 - 120 Nw 40th Avenue, OCALA
- -
- Bedrooms
- -
- Baths
- 30,828
- SQ. Feet
- 1.68
- Acres
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.
Essential Information
-
- MLS® #:
- TB8466780
-
- Price:
- $6,200,000
-
- Bathrooms:
- 0.00
-
- Square Footage:
- 30,828
-
- Acres:
- 1.68
-
- Year Built:
- 2003
-
- Type:
- Commercial Sale
-
- Sub-Type:
- Hotel/Motel
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- Status:
- Active
Community Information
-
- Address:
- 120 Nw 40th Avenue
-
- Area:
- Ocala
-
- Subdivision:
- WEST OCALA HEIGHTS
-
- City:
- OCALA
-
- County:
- Marion
-
- State:
- FL
-
- Zip Code:
- 34482
Interior
-
- Cooling:
- Central Air
Exterior
-
- Foundation:
- Slab
Additional Information
-
- Days on Market:
- 10
-
- Zoning:
- B4
Listing Details
- Listing Office:
- Impact Realty Tampa Bay