For Sale
57 Bed Motel. Also available 7.2Acre Orange grove, Kissimmee
Details
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Private Advert
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| Price: |
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$2,000,000 no offers |
| Updated: |
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4 days ago |
Description
Full Description: A superb Motel and adjoining 7.2 acre Orange Grove property for sale either together or separately. The land adjoins Motel which is situated on highway 192 in Kissimmee and is just 5 miles from Disney. The Motel is solid block built and benefits from a new roof. It is well maintained and has never failed AAA inspection whilst in the possession of the current owner. The Motel had a poorly turnover of $243000 last year and this yearÂ’s projection is around $180000 due to bad economy. However, the Motel business could be turned around to make a superb profit if the Motel was a franchise. It is highly advisable that new owner should invest in studying the benefits of a franchise. The turnover is low due to very low occupancy rate and this is for the new owner to enhance which should not be difficult. The current owner is not able to devote too much time to this business as he has other interests. This superb Motel has 57 rooms plus owners 3 bedroom 2 bathroom accommodation. The Motel is family run. The Motel has outdoor heated pool, Air Conditioning, handicapped access, High Speed Internet access, Modem/Data ports, Barbeque Grill area, Basketball practice area, Cable TV and free allocated parking. Perhaps the best thing about this Motel is its location. To build this Motel will cost around $60000 per room. The price sought is US$2,000,000 for the Motel. The land is available for US$3,000,000 which is zoned commercial. Great for office building or town houses or resort or mini convention hall. It has its own entrance. This Motel business is ideal for active family who can devote some time and reap the incredible rewards that are possible from out of state customers who come to Disney etc. IMPORTANT NOTE: Prefer to deal directly with the end buyer and wish to be excused by agents (as no commission will be forthcoming to them upon successful transaction). This Motel is worth every penny the owners want. Have an offer on the plate but not good enough.
This is a Private sale for a Friend.
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Southall, Middlesex, UK
