This offering includes the Ocala Cove 20-RM Extended Stay. There are 19 rental units and on 2-bedroom apartment for an owner occupant or another room that can be rented. Each unit includes a kitchenette making it convenient for patrons needing a comfortable long-term stay. Currently the rent includes monthly collections from tenants averaging $1600. The new owner has an option to collect the Average Daily Rent, possibly earning more revenue. This offering includes: • .61-acres • 20-Unit Motel 7,798 SF (19 Rental Units Plus 1- 2/1 Apartment) • Built/Renovated: 1958/2013 (Structural includes newer roof) • Kitchenettes installed in each room (Refrigerator, Sink, Microwave) • Billboard ($1,351/mo) • Current Occupancy: 100% • Current Gross Revenue: $299,546 (Annualized 2024) • Current NOI: $157,502 (Annualized 2024) Asking Price: $1,590,000 OBO Seller Financing: Offered to qualified purchasers. Rate and terms TBD but may include: • 50% +/- Down Payment • 5%-6% Interest Only or Amortization Schedule • 5-10 Year Balloon