3400 S US Highway 17/92 - Hospitality FOR SALE


Casselberry, FL 32707
$2,000,000 USD
407-782-4866
3400 S US Highway 17/92, Casselberry, FL for Sale
$2,000,000 USD
Hospitality - FOR SALE
1/42
null | 14.56% Cap Rate

3400 S US Highway 17/92
Casselberry, FL 32707


HIGHLIGHTS

  • 53000 AADT
  • Lake front property

OVERVIEW

With a loyal clientele base and a proven track record as a weekly rental business, Motel Lu Rae presents a unique value-add opportunity for savvy investors. Owners can leverage the flexible business structure to adjust weekly rates seasonally, maximizing cash flow potential. The seller is even open to offering owner financing, making this investment even more enticing. Don't miss out on this chance to own a piece of the thriving hospitality market in Seminole County – contact our agent today for more details! The on-site Manager ensures seamless operations, offering guests top-notch service from check-in to maintenance needs. Complete with a convenient Laundry Room and ample parking, this Motel provides a comfortable stay for guests while offering easy access to major highways, making it a standout choice in the bustling Orlando MSA.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$274 USD /SF

# OF ROOMS

18

PRICE/ROOM

$111,111 {currency}

CAP RATE

14.56%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lu Rae Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1951

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

CG

APN/PARCEL ID

21-30-08-510-EA00-0220

ASK ABOUT THIS PROPERTY

Ozan CifciPremium Properties Real Estate, LLCMore Info
407-782-4866

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Ozan CifciPremium Properties Real Estate, LLCMore Info
407-782-4866

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