Sarasota's Premier Homes

120 NW 40TH AVENUE

OCALA , FL 34482

MLS#: TB8466780

$6,200,000

Status: Active
Listing number: TB8466780
Listing provided by: IMPACT REALTY TAMPA BAY
Listing agent phone: None
Last update: 7 days ago
On site: a month ago
Browse Properties
WEST OCALA HEIGHTS - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2003

Sq.Footage

30,828

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Concrete, Stucco

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    1.68

  • Property Type

    Commercial Sale

  • Property Sub Type

    Hotel/Motel

Price

  • Sales Price

    $6,200,000

  • Tax Amount

    $92,424

  • Sq. Footage

    30, 828

  • Price/SqFt

    $201

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Ownership

    Corporation

  • Tax Lot

    12

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Location

County

Marion

Elementary School

Middle School

High School

Listing Courtesy of Saurabh Patel , IMPACT REALTY TAMPA BAY

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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.

120 NW 40TH AVENUE

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