120 NW 40TH AVE, Ocala, FL 34482
120 NW 40TH AVE, Ocala, FL 34482
120 NW 40TH AVE, Ocala, FL 34482
120 NW 40TH AVE, Ocala, FL 34482
120 NW 40TH AVE, Ocala, FL 34482
120 NW 40TH AVE, Ocala, FL 34482
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 6,200,000
Est. payment | /mo

30,828 SqFt


$ 6,200,000
Est. payment | /mo

30,828 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 30,828 sqft

Price per Sqft $201

Subdivision West Ocala Heights

MLS Listing ID TB8466780

HOA Y/N No

Year Built 2003

Annual Tax Amount $92,424

Lot Size 1.680 Acres

Acres 1.68

Property Sub-Type Hotel/Motel

Source Stellar MLS

Property Description

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.

Location

State FL

County Marion

Community West Ocala Heights

Area 34482 - Ocala

Zoning B4

Interior

Cooling Central Air

Building

Foundation Slab

Lot Size Range 1 to less than 2

Structure Type Block,Concrete,Stucco

New Construction false

Others

Ownership Corporation

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8466780

Stellar MLS
Listed by Saurabh Patel IMPACT REALTY TAMPA BAY

Nearby Locations

GET MORE INFORMATION

Jacqueline Hammond
Jacqueline Hammond

Agent | License ID: 260032061

+1(727) 645-3029

3309 W Bay To Bay Blvd, Tampa, FL, 33629, USA

Name
Phone*
Message

Go tour this home

120 NW 40TH AVE