Journey's End Motel | 7710 NE Jacksonville Rd
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Journey's End Motel 7710 NE Jacksonville Rd
26 Room Hotel Ocala, FL 34479 $1,750,000 ($67,308/Room) 7.91% Cap Rate
Investment Highlights
- Profitable Economy Motel with Excess Land: Existing long-term profitable site (20+ years) creating potential covered land play opportunities.
- Excellent Opportunity for Entry Level Owner Operator, with sale including residential home adjacent to the site.
- Independently Owned & Well Maintained Property, with new roof (2022).
Executive Summary
Perfect for an entry-level owner operator or developer, this rare investment opportunity includes a flourishing 26- room motel with excess land and management quarters on site - all of which have operated profitably for over two decades. Positioned in a high-traffic area with flexible commercial zoning, the property offers excellent visibility and growth potential, supported by recent upgrades like a new roof and modernized septic systems. The proactive approach to property maintenance, including plans to remove the out-dated on-site pool, reflects a commitment to maximizing asset value.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| 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 | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Pool
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 26 | $72.00 | - |
PROPERTY TAXES
| Parcel Number | 14498-001-00 | Total Assessment | $410,707 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
14498-001-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$410,707
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
| Zoning Code | B1 (Neighborhood Business (B-1)) |
| B1 (Neighborhood Business (B-1)) |
-
Hayle Short -
Marcus & Millichap
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Journey's End Motel | 7710 NE Jacksonville Rd
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