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$3,900,000
Est. payment /mo
11,496 SqFt
UPDATED:
08/27/2024 10:00 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 11,496 sqft
Price per Sqft $339
Subdivision Acreage & Unrec
MLS Listing ID O6170952
HOA Y/N No
Originating Board Stellar MLS
Year Built 1955
Annual Tax Amount $14,105
Lot Size 2.020 Acres
Acres 2.02
New Construction false
Property Description
PRICE REDUCED!!!!!!
Owner is motivated!
The Extended Stay Motel is located directly on Irlo Bronson Highway with over 350 feet of frontage.
The Florida Turnpikes Kissimmee interchange is only 1/2 mile away. This property has over 1 additional acre of vacant land that could be used for an expansion of the motel or possible redevelopment projects.
The property boosts 14 motel rooms, 5 mobile homes plus 5 additional appartments in a separate building. All tenants are on long term leases and have been residents for over 6 months - some for over 2 years.
All units have been recently renovated with new roofs installed in 2023. The water treatment plant has also been updated with all new equipment.
Don't let this one get away. There are so many possibilities for redevelopment if that is your desire.
Make your offers today.
Owner is motivated!
The Extended Stay Motel is located directly on Irlo Bronson Highway with over 350 feet of frontage.
The Florida Turnpikes Kissimmee interchange is only 1/2 mile away. This property has over 1 additional acre of vacant land that could be used for an expansion of the motel or possible redevelopment projects.
The property boosts 14 motel rooms, 5 mobile homes plus 5 additional appartments in a separate building. All tenants are on long term leases and have been residents for over 6 months - some for over 2 years.
All units have been recently renovated with new roofs installed in 2023. The water treatment plant has also been updated with all new equipment.
Don't let this one get away. There are so many possibilities for redevelopment if that is your desire.
Make your offers today.
Location
State FL
County Osceola
Community Acreage & Unrec
Zoning OCR
Interior
Cooling Wall/Window Unit(s)
Exterior
Waterfront false
Building
Story 2
Foundation Slab
Lot Size Range 2 to less than 5
Structure Type Block,Stucco
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash, Conventional, Owner Financing
Listing Terms Cash, Conventional, Owner Financing
Special Listing Condition None
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Listed by RE/MAX DOWNTOWN