$2,319,409*
●
Commercial -
Off Market
6401 North Orange Blossom Trail
Orlando, FL 32810
Studio
0 Bath
7379 Sqft
$1,755,000 - $2,145,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
This is a small, family run 20 room motel was $128/per room per day
for 2018. The income is currently running approximately 4.8% higher
for the first half of 2019. The property was remodeled in 2017
which brought the income up from $94/per day in 2017. This is a
highly profitable, turn key business, which includes a current
tobacco license as well as a beer/wine license (can be transferred
to new owners). Also included is a new, remodeled laundry room, and
an owner's suite. The owner's suite (approximately 2,285 sf)
consists of two kitchens, large family room, 3 bedrooms and 2 full
bathrooms. The property has complete laundry service on site. The
motel generated close to $32,000 in additional income in 2018 from
providing beer, wine, tobacco and misc. items. The motel has been
run as a short stay hotel (typically 2 hour rentals) for 40 years.
The current owners have spent the last 2 years remodeling and
upgrading the property. There is current no know deferred
maintenance on the property. The business is easy to learn. It
typically takes a couple of hours to train new management. The
current owner has completed manual detailing all aspects of running
the business. Current operational hours are 9 am to 12 pm. There
are no over night guests. The management of the property runs a
super clean, efficient and profitable business.
The manager has listed the unit size as 7379 square feet.
The manager has listed the unit size as 7379 square feet.
Unit Size
7,379Ft²
Days on Market
-
Land Size
1.34 acres
Price per sqft
$264
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1949
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 1, 2021 | No longer available | - | |
No longer available | |||
Dec 9, 2020 | Relisted | $1,950,000 | |
Relisted | |||
Aug 13, 2020 | Listed | $2,185,000 | |
Listed | |||
May 5, 2020 | No longer available | - | |
No longer available | |||
Oct 4, 2019 | Relisted | - | |
Relisted |
Show More
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/13/2020
|
|
Loft
|
-
|
7379 ft²
|
$2,185,000
Loft
-
7379 ft²
|
-
-
|
-
|
Warren Gagne
NextHome Neighborhood Realty
|
Building Info
6401 North Orange Blossom Trail
6401 North Orange Blossom Trail, Orlando, FL 32810