120 NW 40TH AVENUE, Ocala, Florida, 34482
$6,200,000
30,828 Sqft
1.68 Acres
0 ba
#TB8466780
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.
PROPERTY FEATURES
- Water Access : 0
- Road Surface Type : Asphalt, Paved
- Zoning : B4
- Cooling : Central Air
- Construction Materials : Block, Concrete, Stucco
PROPERTY DETAILS
ID: TB8466780
Status: Active
Price: $6,200,000
Acres: 1.68 Acres
Price Per Acre: $3,690,476
Type: Other
Address: 120 NW 40TH AVENUE
City, State: Ocala, Florida
County: Marion
Zip Code: 34482
Lat/Long: 29.187091, -82.189508
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