Lu Rae Motel 3400 S US Highway 17/92
18 Room Hotel Casselberry, FL 32707 $2,000,000 ($111,111/Room) 14.56% Cap Rate
Investment Highlights
- 53000 AADT
- Lake front property
Executive Summary
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.
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.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Property Facts
Amenities
- Smoke-Free
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 18 | $50.00 | - |
zoning
Zoning Code | CG (Commercial. Can be rezoned to Mix Use) |