5131 E Silver Springs Boulevard, Silver Springs, FL 34488 (MLS # 547557)

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PRICE $2,600,000 dsIDX morgage calculator
SIZE 30,940 sq ft
LOT SIZE 5.57 ac

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.

DAYS ON MARKET 69 LAST UPDATED 12/10/2018
TRACT Comm Nonsub YEAR BUILT 0
COUNTY Marion STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
ADULT COMMUNITY Yes
EXTERIOR Fenced
HEAT Central Electric
LOT 5.57 acre(s)
PARKING 16+ Spaces
SEWER County
SUBDIVISION Comm Nonsub
TAXES 0.00
UTILITIES Above Ground Electric,TV Cable Available
WATER County
ZONING B-2 Community Business
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with SVN FLORIDA INC.

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