5131 E Silver Springs Boulevard

    Silver Springs, FL 34488
    • $2,600,000
    • STATUS: Active
    • ON SITE: 133 days
    • MLS #: 547557
    UPDATED: 34 min ago
    $2,600,000
    • 75
      BEDS
    • 5.57
      ACRES
    • 75
      BATHS
    • 0
      1/2 BATHS
    • 30,940
      SQFT
    • $84
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    This 95% occupied cash flow machine includes 75 rooms (28,960sf) , a stand alone restaurant (1,980sf) called Darrell's Diner and 3.37 additional acres fully engineered and approved for a 42 room expansion. The Stage Stop Motel and Resort is an extended stay property offering fully furnished rooms, all utilities, phone and TV for $250/wk or $700/month. The rental rates are inclusive of water, sewer, electricity, cable, pest control, and garbage removal. Housekeeping services are provided on a weekly basis and the towels are replaced daily. 80% of the rooms rented on a monthly basis and 20% rented on a weekly basis. The property was completely renovated in 2017 with new roof, HVAC units, vinyl tile floors, ceilings, bathrooms and furniture.The living/bedroom areas consists of either one or two full beds, nightstand with table lamp, dresser with mirror, microwave, refrigerator, television and a dinette table with two chairs. The rooms have wall units with individual thermostats for heat and air-condition. Each room has a full bathroom with laminate base cabinetry and counter tops, ceramic tile flooring and ceramic tile wainscoting. The Stage Stop is located next to a public bus stop and within walking distance to many national retailers including: Super Walmart, Outback Steakhouse, Lowes, Beall's, ALDI, Firehouse Subs, New Circle K, Steak 'n Shake, Dairy Queen, McDonald's, Aspen Dental, Pep Boys and Burger King.

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    © 2019 Ocala/Marion County MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Mid Florida. Data last updated: 2019-04-23T10:31:52.137.

    Licensed in the State of Florida, USA.
    www.buymidflhomes.com/homes/89993895

    5131 E Silver Springs Boulevard Silver Springs, FL 34488

    • Price: $2,600,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 547557
    75
    Beds
    75
    Baths
    0
    ½ Baths
    5.57
    Acres
    30,940
    SQFT
    $84
    $/SQFT
    Neighborhood:
    Comm Nonsub
    County:
    Marion
    Area:
    Silver Springs
    Property Description
    This 95% occupied cash flow machine includes 75 rooms (28,960sf) , a stand alone restaurant (1,980sf) called Darrell's Diner and 3.37 additional acres fully engineered and approved for a 42 room expansion. The Stage Stop Motel and Resort is an extended stay property offering fully furnished rooms, all utilities, phone and TV for $250/wk or $700/month. The rental rates are inclusive of water, sewer, electricity, cable, pest control, and garbage removal. Housekeeping services are provided on a weekly basis and the towels are replaced daily. 80% of the rooms rented on a monthly basis and 20% rented on a weekly basis. The property was completely renovated in 2017 with new roof, HVAC units, vinyl tile floors, ceilings, bathrooms and furniture.The living/bedroom areas consists of either one or two full beds, nightstand with table lamp, dresser with mirror, microwave, refrigerator, television and a dinette table with two chairs. The rooms have wall units with individual thermostats for heat and air-condition. Each room has a full bathroom with laminate base cabinetry and counter tops, ceramic tile flooring and ceramic tile wainscoting. The Stage Stop is located next to a public bus stop and within walking distance to many national retailers including: Super Walmart, Outback Steakhouse, Lowes, Beall's, ALDI, Firehouse Subs, New Circle K, Steak 'n Shake, Dairy Queen, McDonald's, Aspen Dental, Pep Boys and Burger King.
    Exterior Features

    Exterior Misc Fenced Parking 16+ Spaces

    Interior Features

    Heating Central Electric Restrooms 78.00 Stories 2 Stories Levels 2 Story

    Property Features

    Auction YN No Income Producing Income Producing Lease No Lease Terms Month To Month Opportunity RestaurantService Prop Type Hotel/Motel Property Sub Type Income Producing Retail Restaurant/Bar Sale Yes Sale Includes Building(S) And Land Section 1 Sewer County Short Sale No Total Tax 0.00 Township 15 Utilities Above Ground ElectricTv Cable Available Water County Zoning B-2 Community Business

    Listing information © 2019 Ocala/Marion County MLS.
    Listing provided courtesy of Bartow Mcdonald IV of Svn Florida Inc..


    © 2019 Ocala/Marion County MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Mid Florida. Data last updated: 2019-04-23T10:31:52.137.

    Licensed in the State of Florida, USA.
     
    Realty Executives Mid Florida
    FL,