5575 E Irlo Bronson Memorial Highway St Cloud, FL 34771
Other
MLS #: O6314957
Courtesy Of Baldwin Park Realty, LLC
Property InformationDescription
Under contract-accepting backup offers. Outstanding Investment Opportunity Turnkey Motel with Redevelopment Potential!
Now available: a fully operational, income-producing motel property in the rapidly expanding Saint Cloud market. Located at 5575 E Irlo Bronson Memorial Hwy, this 5,374 SF property sits on a valuable parcel with excellent visibility and frontage on busy US-192.
Currently comprised of 9 rental units, all leased under flexible terms (weekly, biweekly, and monthly), this income-producing property generates approximately $11,937/month or $143,244 annually in gross income, with a Net Operating Income (NOI) of $79,948/year. Building One features a new roof (2021) and a remodeled main living area . Building Two roof was replaced approximately 10+ years ago. Additionally, the site includes a 1,435 sq ft living space with 3 bedrooms and 1.5 baths, which could serve as on-site living quarters for ease of management or be converted into an additional income-producing unit to further enhance returns.
This property offers not only solid cash flow but also significant redevelopment potential ideal for hospitality, retail, or mixed-use projects. This allows for a wide range of future uses, making this a strategic acquisition in a growth corridor.
Situated in a high-traffic area near new residential developments, attractions, and major roadways, this is a rare opportunity to secure a versatile asset with strong current income and future upside.
Now available: a fully operational, income-producing motel property in the rapidly expanding Saint Cloud market. Located at 5575 E Irlo Bronson Memorial Hwy, this 5,374 SF property sits on a valuable parcel with excellent visibility and frontage on busy US-192.
Currently comprised of 9 rental units, all leased under flexible terms (weekly, biweekly, and monthly), this income-producing property generates approximately $11,937/month or $143,244 annually in gross income, with a Net Operating Income (NOI) of $79,948/year. Building One features a new roof (2021) and a remodeled main living area . Building Two roof was replaced approximately 10+ years ago. Additionally, the site includes a 1,435 sq ft living space with 3 bedrooms and 1.5 baths, which could serve as on-site living quarters for ease of management or be converted into an additional income-producing unit to further enhance returns.
This property offers not only solid cash flow but also significant redevelopment potential ideal for hospitality, retail, or mixed-use projects. This allows for a wide range of future uses, making this a strategic acquisition in a growth corridor.
Situated in a high-traffic area near new residential developments, attractions, and major roadways, this is a rare opportunity to secure a versatile asset with strong current income and future upside.
Features
- Age: Over 50 Years Old
- Amenities: Security System
- Appliance: Dishwasher
- Appliance: Microwave
- Appliance: Refrigerator
- Appliance: Washer
- Architecture Style: Other
- Building Units: 9
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Central Air
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Block
- Floor Covering: Vinyl
- Floor Covering: Tile
- Floor Covering: Carpet
- Heating System: Central
- Heating System: Ductless (Heating)
- Legal Description: TWIN LAKES RANCHETTES PB 1 PG 406 BLK A, COM AT SE COR LOT 6, N 71.68 FT TO POB AND PT ON NON TAN CURVE, CONC NELY, RAD 22, 788.31 FT, CH N 82 DEG W, NWLY 213.75 FT, N 143.42 FT, N 89 DEG E 115 FT, N 01 DEG E 122.9 FT, S 88 DEG E 93.32 FT, S 292.26 F T TO POB AKA COLONIAL MOTEL
- MLSID: O6314957
- Roof Type: Shingle
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