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120 NW 40th Ave
For Sale $6,200,000 ($201.12 per Sq Ft)
$6,200,000 ($201.12 per Sq Ft)
- Units
- 30,828 Sq Ft
- 73,181 Sq Ft
- Unknown Cap Rate
Description
Branded Flag Motel for Sale – Ocala, FL (I-75 Highway Location)
Property Highlights:
• Rooms: 64
• Parking: 90+ spaces
• Annual Revenue: $1.7 million
• PEEP: 0
• Existing Loan: $4.3 million
• Appraisal Value: $6.5 million
• Asking Price: $6.2 million
Description:
A highly desirable branded flag motel located directly off the busy I-75 highway in Ocala, offering excellent visibility and strong year-round traffic. This property boasts $1.6 million in annual revenue, spacious parking, and 0 PEEP, making it a secure and stable investment.
With a recent appraisal of $6.5 million approx, the property is attractively priced at $6.2 million, providing immediate equity for qualified buyers.
This is a rare opportunity to acquire a well-performing hospitality asset in a prime location with significant upside potential.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $6,200,000 |
| Property Type | Hotel & Restaurants |
| Usable Sqft | 30,828 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2003 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2281004000 |
| MLS # | TB8466780 |
| Property ID | 300607608 |
| Lot Sqft | 73,181 |
| Zoning | B4 |
| Days on Market | 26 |
| Original List Price | $6,200,000 |
| Date Updated | January 28, 2026 |
| Date Created | January 28, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Saurabh Patel an agent of . Lic #3629236
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of January 28, 2026 The information being provided is 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.
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Robert Crawford
REAL ESTATE AGENT