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, and Rt 27 in the heart of beautiful Haines City. Property enjoys exposure to major road (US Hwy 17-92) with over 15,000 cars daily.Property is to be sold as part of portfolio of two properties. Other property is Siesta Motel, located in Lakeland, FL (1527 George Jenkins Blvd., Lakeland FL 33815)Price for both is $1.2MCap rate : 10%Enjoy a steady revenue or redevop both parcels, the options are limitless.
MLS# | O5918548 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1954 |
Days On Site | 40 |
SQ Feet | 4,495 |
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Acreage | 1.10 |
Area Information | |
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State | FL |
County | Polk |
City | HAINES CITY |
Zip Code | 33844 |
Area | 33844 - Haines CityGrenelefe |
Listing VS Median (in 33844) | |
Price: $1,200,000 low | high Med: $241,242 SqFt: 4,495 low | high Med: 0 $ / SqFt: $267 low | high Med: $0 On Site: 40 low | high Med: 253 Sourced by Back At You |