$1,200,000

1527 George Jenkins Boulevard

LAKELAND FL, 33815

Description

MOTEL PORTFOLIO (2 Motels for Sale)Great Investment Opportunity!Owner users and Investors will love the occupancy rate of this property.Located minutes from I-4, between Tampa and Orlando. Property enjoys exposure to major road (George Jenkins Blvd) with over 16,000 cars daily, and a short distance to Bonnet Springs Park with major construction under wayProperty is to be sold as part of portfolio of two properties. Other property is Sonny's Motel, located in Haines City (35 Hwy 17-92 N, Haines City, FL 33844)Price for both is $1.2MCap rate : 10%Enjoy a steady revenue or redevelop both parcels, the options are limitless.

Details

MLS#O5918533
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1950
Days On Site34

Features

SQ Feet6,166
Story(s)1
ZoningC-2
Acreage1.92
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Area Information
StateFL
CountyPolk
CityLAKELAND
Zip Code33815
Area33815 - Lakeland
Listing VS Median (in 33815)
Price:
$1,200,000
low | high
Med:
$159,800
100% of Average
SqFt:
6,166
low | high
Med:
1,550
100% of Average
$ / SqFt:
$195
low | high
Med:
$103
97.025440860215% of Average
On Site:
34
low | high
Med:
42
80.952380952381% of Average
Listing Updated: January 26, 2021 3:36:17 AM PST
Norman Gaspar LogoMLS Number: O5918533
Listing Provided By:
Norman Gaspar  of  LA ROSA REALTY CW PROPERTIES L

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