120 NW 40th Avenue, Ocala, FL 34482 Photo
120 NW 40th Avenue, Ocala, FL 34482 Photo
120 NW 40th Avenue, Ocala, FL 34482 Photo
120 NW 40th Avenue, Ocala, FL 34482 Photo
120 NW 40th Avenue, Ocala, FL 34482 Photo
120 NW 40th Avenue, Ocala, FL 34482 Photo
120 NW 40th Avenue, Ocala, FL 34482 Photo
120 NW 40th Avenue, Ocala, FL 34482 Photo
120 NW 40th Avenue, Ocala, FL 34482 Photo
120 NW 40th Avenue, Ocala, FL 34482 Photo
120 NW 40th Avenue, Ocala, FL 34482 Photo
120 NW 40th Avenue, Ocala, FL 34482 Photo
120 NW 40th Avenue, Ocala, FL 34482 Photo
120 NW 40th Avenue, Ocala, FL 34482 Photo

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120 NW 40th Avenue Ocala, FL 34482
$6,200,000
  • Total Square Feet
    30,828
  • Lot Size
    1.68 acre(s)

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 millionDescription: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...

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Property Summary

MLS Number: TB8466780
Status: Active
Days on Market: 104
Subdivision: WEST OCALA HEIGHTS
County: Marion
Bedrooms: 0
Total Square Feet: 30,828
Price Per Sq. Ft.: $201
New Constuction: No
Waterfront: No
Property Type: Commercial -
Cooling: Central Air
Lot Size: 1.68 Acres
Taxes: $92,424
Year Built: 2003

Property Details

Days on Site: 104
Directions: From National Parts Depot in Ocala, take SW 38th Ave north, turn left onto W Silver Springs Blvd (State Road 40), continue for about 1.5 to 2 miles, then turn right onto NW 40th Ave â?? the destination, 120 NW 40th Ave, will be on your left.
Exterior: Block, Concrete, Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 1.68
Ownership: Corporation
Property Attached Y/N: No
Property Sub-Type: Hotel/Motel
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Water Access Y/N: No
Zoning: B4
Construction: Block,Concrete,Stucco

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Courtesy of

Agency Name: IMPACT REALTY TAMPA BAY
Agency Contact: 813-321-1200
Agent Name: Saurabh Patel

Presented by

Agency Title: Illustrated Properties
Agency Phone: (772) 463-4663
Request Info

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Sara Miller
ipre.com
Agent Cell:
561.626.7000

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Estimated Payment

$ 39,953.20 Principal & Interest $30,442.86 Property Tax $7,702.00 Homeowner's Insurance $1,808.33
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