6401 N Orange Blossom Trail, Orlando, FL 32810

$2,185,000
7,379
SqFt
List Price
$2,185,000
Status
Active
Days on Market
20
MLS#
O5808453
Property Style
Hotel/Motel
Year Built
1949
Living Area
7,379
Lot Size
58,438
Acres
1.34
Total Acreage
One + to Two Acres
Legal Subdivision Name
Tabory Pult Sub
MLS Area Major
Orlando/Lockhart

Property Description

This is a small, family run 20 room motel generated $128/per room per day for 2018. The income is currently running approximately 4.8% higher for the first half of 2019. The property was remodeled in 2017 which brought the income up from $94/per day in 2017. This is a highly profitable, turn key business, which includes a current tobacco license as well as a beer/wine license (can be transferred to new owners). Also included is a new, remodeled laundry room onsite, and an owner's suite. The owner's suite (approximately 2,285 sf) consists of two kitchens, large family room, 3 bedrooms and 2 full bathrooms. The motel generated close to $32,000 in additional income in 2018 from providing beer, wine, tobacco and misc. items. The motel has been run as a short stay motel (typically 2 hour rentals) for 40 years. The current owners have spent the last 2 years remodeling and upgrading the property. There is current no know deferred maintenance on the property. The business is easy to learn. It typically takes a couple of hours to train new management. The current owner has completed manual detailing all aspects of running the business. Current operational hours are 9 am to 12 pm. There are no over night guests. The management of the property runs a super clean, efficient and profitable business.

Additional Information

Taxes Annual
$10180
Location
Fire Hydrant
Community Features
No Deed Restriction
Zoning
C-2
Floor
Carpet, Laminate
Utilities
Public
Heating
Central, Wall Units / Window Unit
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Block
Roof
Built-Up, Shingle
Foundation
Slab
Pool
No Pool
Garage Features
19 to 30 Spaces, Common
Flood Zone Code
X
Parcel ID
32-21-29-8514-00-010
Legal Description
TABORY PULT SUB V/83 LOT 1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of NEXTHOME NEIGHBORHOOD REALTY.

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on