2210 S Pine Ave - Hospitality FOR SALE


Ocala, FL 34471- Southeast Ocala
$1,300,000 USD
352-634-0809
2210 S Pine Ave, Ocala, FL for Sale
$1,300,000 USD
Hospitality - FOR SALE
1/24
null | 10.1% Cap Rate

2210 S Pine Ave
Ocala, FL 34471
Southeast Ocala


OVERVIEW

Offered at $1,300,000 with an estimated 10.1% owner-operated cap rate and cash-on-cash ROI of up to 20.1%. Owner financing may be available to qualified buyers with 50% down, subject to final terms and seller approval. Ocala Cove Motel features 19 guest rooms plus an on-site manager’s apartment on approximately 0.61 acres along Ocala’s South Pine Avenue/US-441 commercial corridor. The property offers established extended-stay operations, public utilities, on-site parking, and strong visibility near medical, retail, business, tourism, and equestrian demand drivers. Reported B-4 Business zoning may support continued hospitality operations or future commercial redevelopment, subject to City approval and independent verification. Available individually or as part of a 31-room Ocala motel portfolio. Three years of historical financials are available in the data room. Current-year financials are available directly through the listing agents.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$167 USD /SF

# OF ROOMS

19

PRICE/ROOM

$68,421 {currency}

CAP RATE

10.1%

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.