2210 S Pine Ave - Hospitality FOR SALE


Ocala, FL 34471- Southeast Ocala
$1,350,000 USD
352-634-0809
2210 S Pine Ave, Ocala, FL for Sale
$1,350,000 USD
Hospitality - FOR SALE
1/24
null | Request Cap Rate

2210 S Pine Ave
Ocala, FL 34471
Southeast Ocala


OVERVIEW

The properties can continue operating as traditional motels, but buyers may also want to explore extended-stay lodging, workforce housing, or other hospitality-related uses depending on their business plan and market strategy. For buyers purchasing both assets, there may be opportunities to create efficiencies through shared management, staffing, purchasing, and marketing. Existing operations provide a foundation while allowing new ownership to implement their own vision and operating strategy. In addition to the current motel use, the underlying real estate may present future redevelopment potential. Buyers should conduct their own due diligence regarding zoning, permitted uses, density, redevelopment possibilities, and any required municipal approvals. Whether the goal is to continue motel operations, execute a value-add strategy, hold for long-term appreciation, or pursue future redevelopment, this offering provides flexibility and multiple avenues for creating value. Financial information and additional property details are available upon request.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$173 USD /SF

# OF ROOMS

19

PRICE/ROOM

$71,053 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ocala Cove Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1958

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,440 SF

ZONING

B4

APN/PARCEL ID

30924-000-00

ASK ABOUT THIS PROPERTY

Nathan SimmonsInvictus Real Estate, LLCMore Info
352-634-0809

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Nathan SimmonsInvictus Real Estate, LLCMore Info
352-634-0809

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.