17 Unit Motel Plus Owner Apartment In Florida For Sale

Citrus County, Florida

Business Summary: Amazing Price! 17 Unit Motel Plus Owner Apartment Florida Motel For Sale For $485,000. This is a fully turnkey opportunity--step right in and begin to make money! They even have a Billboard! Established in 1998, current owner has done a lot of upgrades within the last 5 years. There is an attached Owner apartment and also onsite management, so the Owner is free to come and go as he pleases--could also be absentee! Occupancy is approximately 85%. There is also a 1200 sq.ft retail store. The property is on 2 acres and right on a major highway, so it is easily accessible.. The Owner is selling below market value which is approximately $600,000! Owner states that he has a verifiable income that exceeds $95,000! Ready to hear more. Call today
Year Business was Established: 1998
Facilities / Terms of Lease: Located on 2 acres in Homosassa, Florida. This is a beautiful area in Citrus County close to a State Wildlife Park, and some very popular fishing destinations. From here there are many rivers leading to the Gulf of Mexico--so there is a lot of water fun activity to be enjoyed by everyone in the amazing springs. This is an area known for its natural beauty, pristine waterways, lots of wildlife, marine life and a friendly small town appeal. It is also only 70 miles from Orlando. Call to here more..
Potential Growth/Expansion: There are lots of ideas that can make this motel more appealing--step right in and make it your own!
Competition: Some competition
Owner willing to finance: Owner would prefer a cash deal. Call for more details
Owner willing to train: As may be required
Reason for selling: Other business interests but is in no rush to sell