Property summary
This exceptional investment opportunity presents a 9-unit motel in Titusville, Florida, boasting impressive cash flow and owner financing options. The property includes a separate single-family home, currently generating $2,000 in monthly rental income. The motel itself maintains a remarkable 90% occupancy rate, with units primarily rented on a weekly and monthly basis, averaging $400 per week. This translates to significant annual revenue potential. The property features a well-maintained brick paver parking lot and attractive tropical landscaping with patio seating, enhancing the guest experience. The asking price is $1,395,000. Seller financing is available for qualified buyers, requiring a 25-30% down payment and a 6% interest rate. This turnkey operation is ideal for investors seeking a strong return on investment with flexible financing terms. The property is located in Titusville, FL, zip code 32780, offering easy access to local amenities and attractions. This is a rare opportunity to acquire a profitable, established hospitality business with significant upside potential. The property's strong occupancy rate and consistent rental income stream make it a compelling investment in the thriving Florida market. Don't miss this chance to own a successful motel with a separate rental house.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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