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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

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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.

Motel Lu Rae Updated $2M

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

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	$99,999
Annual Per SF	$9.99

Vacancy Loss
Annual	$99,999
Annual Per SF	$9.99

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	$2,000,000	Lot Size	0.75 AC
Price Per Room	$111,111	Building Size	7,312 SF
Sale Type	Investment	No. Rooms	18
Cap Rate	14.56%	No. Stories	2
Sale Conditions	1031 Exchange	Year Built	1951
Property Type	Hospitality	Parking Ratio	3.42/1,000 SF
Property Subtype	Hotel	Corridor	Exterior
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$2,000,000
Price Per Room	$111,111
Sale Type	Investment
Cap Rate	14.56%
Sale Conditions	1031 Exchange
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.75 AC
Building Size	7,312 SF
No. Rooms	18
No. Stories	2
Year Built	1951
Parking Ratio	3.42/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.