$990,000
Located off I-75 - Florida's gateway from Georgia. Multi-family/ hotel (motel 8) with 17 complete units ready for rent and another very large unit of 1000-1500sqf before renovation (can also be split into two additional units, total 18-19 units) Possible 10-15 percent net return. The property is ready for immediate work - it is possible to rent for long periods , Air B&B or as a hotel business or easy zoning changes for multi-apartments. All units are renovated with air conditioners, refrigerators and microwaves, all new under the warranty of the manufacturer. This deal will bring the buyer money from the first day. Option to assist the buyer with full management!
From Lake City head north on I-75, take exit 460 turn left. Heading west on State Road 6 see sign on right.
MLS # | 120580 |
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Status | Active |
Property Type | Commercial |
Property SubType | Commercial |
Square Feet | 5259 sqft |
Construction Stage | Existing Resale |
Style | Single Story |
Type | Concrete Block |
Year Built | 1970 |
Days on Market | 122 |
Zoning | CHI |
Florida Room | No |
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Design | Single Story |
Floors | Vinyl Linoleum,Tile |
Cooling | 1+ Wall Units |
Heating | Wall Unit |
Windows | Other-See Remarks |
Construction | Concrete Block |
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Lot Size | 3 acres sq ft |
Acreage | 3.00 Acres |
Parking | Paved |
Roof | Other-See Remarks |
Road | State Road |
Sewer | Public Connected |
Water | Public Connected |
Area | 10-Hamilton County - W. of US 129 |
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Location | Inside |
County | Hamilton |
City | Jasper |
State | FL |
Zip | 32052 |
Financing Terms | Cash |
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Association Special Assessment | No |
MLS# 120580. IDX information provided by the North Florida MLS.
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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Johnathan Mathis
Remax Professionals, Inc.
Listing information last updated Saturday, December 2nd, 2023 at 4:15 PM EST.