Rockledge Living Lodge | 3220 S Fiske Blvd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Rockledge Living Lodge 3220 S Fiske Blvd
23 Room Hotel Rockledge, FL 32955 $4,500,000 ($195,652/Room) 9.16% Cap Rate
Investment Highlights
- Generating $1,790 Monthly Per Unit from Long-Term Tenants
- Turnkey Investment With Minimal Initial Capital Expenditure
- High-Demand Area Benefiting from Population and Economic Growth
- Pool and Courts Produce $6,000 Monthly (Net-Net)
- Property Purchased Vacant and Fully Leased in 2023
Executive Summary
Marcus & Millichap is pleased to present the opportunity to acquire a multi-unit property at 3220 S Fiske Blvd in Rockledge, FL. This fully operational motel offers a unique opportunity for investors seeking stable income in a thriving market. The property comprises over 20 units, with an additional three units under construction, generating consistent weekly and monthly rental income. Most tenants have long-term stays exceeding six months, ensuring a steady revenue stream. The property also features additional income sources, including pool and court rentals generating $6,000 monthly.
Strategically located near major thoroughfares and amenities, the Rockledge Motel is ideally positioned to serve both transient guests and long-term residents. Its proximity to key employment centers, retail, and dining options
enhances its appeal to tenants and investors alike.
Strategically located near major thoroughfares and amenities, the Rockledge Motel is ideally positioned to serve both transient guests and long-term residents. Its proximity to key employment centers, retail, and dining options
enhances its appeal to tenants and investors alike.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Pool
- Tennis
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 9 | $103.00 | - |
| Guest Room | 14 | $77.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 25-36-17-00-00758.0-0000.00 | Improvements Assessment | $764,150 |
| Land Assessment | $871,200 | Total Assessment | $1,635,350 |
PROPERTY TAXES
Parcel Number
25-36-17-00-00758.0-0000.00
Land Assessment
$871,200
Improvements Assessment
$764,150
Total Assessment
$1,635,350
zoning
| Zoning Code | C2 (Commercial C2 General Use - NO height restrictions) |
| C2 (Commercial C2 General Use - NO height restrictions) |
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Rockledge Living Lodge | 3220 S Fiske Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.