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285 Old County Road 78 - River's Edge Motel, Labelle, FL

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285 Old County Road 78 - River's Edge Motel

Labelle, FL 33935

Property Type:Hospitality Number of Rooms:13 Status:Existing Year Built:1993
Stories:1 Building Size:11,779 SF Land Area:4.96 AC (216,110 SF)
For Sale Price:$629,000 Price/Room:$48,385 Cap Rate:-


Sale Notes:
13 unit mom and pop riverfront motel.Small operating marina(dockage only) with 200 foot of dock space for short and long term rental.On site, 2 bedroom manager apartment , full laundry maintenance shed ,pool, and shuffleboard.3 additional parcels with this offering: 1200 sf warehouse/shop for rental income,currently vacant.780 sf out building currently rented to a bait shop and adjacent to a county boat launch.3.3 acres of commercial zoned land across the street with a small metal farm building.Property is currently managed by employees who would stay but the ideal play is for a live in owner to operate and improve efficiencies and the bottom line. High occupancies in the winter season.Possible for a bed and breakfast , religious retreat or a tear down to accommodate a riverfront estate.
On the river with panoramic views of the Caloosahatchee.Located in scenic, rural Labelle FL. 15 miles to casino gambling and just west of sugar country, Lake Okeechobee and the Everglades in Clewiston FL., a world renowned bass fishing site.Close to Ft.Myers and the Island Beaches.

iCore Global - Ft. Myers
Jim Boback
(239) 466-7770 x226

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