00 No Address Titusville, FL 32780
- Hospitality properties
Current Use by Public Records
- Hospitality properties
Property Details for 00 No Address
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Titusville
- County
- Brevard
- State
- Florida
- Longitude
- -80.8212
- Latitude
- 28.5371
