Shamrock Historic Inn & Suites 215 S. Pine Avenue Ocala, FL 34471

BOUTIQUE HOTEL WITH GREAT INCOME DON’T MISS OUT ON THIS RARE OPPORTUNITY

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected] 215 S. Pine Avenue Ocala, FL 34471

PROPERTY SUMMARY 215 S. Pine Avenue Ocala, FL 34471

County: Marion

Property Type: Hotel / Motel

No. of Buildings: 1

No. of Stories: 1

No. of Units/Rooms: 12 m Building Area Size: 5,090 Sq. Ft.

.co Lot Size/Acres: 0.29 Acres Year Built: 1960 Pool: No Zoned: Commercial

Price Reduced- $1,248,600.00 Price: - 10% CapRate

CONFIDENTIAL LISTING – DO NOT CONTACT OWNER OR EMPLOYEES

HotelMaxRealty  Must schedule appointment with listing agent to  Located in Downtown Ocala visit property - Terry Hatfield 813-363-5771  www.shamrockhistoricinn.com

Property Description

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2 This Inn has proudly cultivated a massive client base and following over the years and has some of the highest online ratings in the industry. All 12 of the themed guest studios are unique and have all modern up to date technology (smart tv’s most 4K, updated appliances, high speed WiFi etc), while still maintaining a vintage charm and style. An Oasis type setting on a busy highway (soundproof rooms) with lush gardens and outdoor gazebos to enjoy the beautiful weather, year-round. There are ample accommodations right behind the lobby for either an owner or manager to live onsite in comfort. There is an air-conditioned maintenance and tool storage area near the owner/managers suite as well. The roof has been completely redone and replaced with designer top quality shingles. Air Conditioning Units are newer, cleaned on a regular schedule and in excellent working order. Guests rave about the showers. Newer gas hot water heater with plenty of hot water and great water pressure. This Boutique Inn with only 12 guest studios is has been a pleasure for current owners to run and manage. The potential for future business is endless. The regentrification of the historic district as well as the draw of millennials add to the uniquely charming appeal of this property. This venture could be quite an easy entry level into the central Florida hospitality market, and is an excellent revenue generator, which could be so much more than it is with just a little extra effort. The new owners will have the exciting opportunity to take this property to the next level in this thriving historic district. This Boutique Inn is within walking distance to the historic downtown City Circle, with many fabulous restaurants, shops, pubs, wineries, breweries, a historic movie theatre etc. You can even walk to the local farmers market and see historic homes within blocks. The Inn is close to Reillys Art Center, which features concerts by famous top names. This property is also located near many local Springs, Santos Trailhead, only 8 miles from the soon to be opening World Equestrian Center, Zip lining, Florida Gator Games etc. Hospitals, Courthouse, minutes from

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected] 215 S. Pine Avenue Ocala, FL 34471

1-75, the list goes on... The new owner will be embarking on a wonderful exciting fun adventure. The current owner will be parting with lots of tears from so many fond memories of her fantastic journey here. The Owner loves what she does here so much, she will happily guide the new owners until they are at a comfort level to

take over the business themselves, guaranteeing a smooth transition for new owner. She will also share the

ideas she had for increasing the revenue. Due to the aggressive pricing, the owner welcomes all reasonable cash offers. Some seller financing may be available with a full price cash offer and up to 90% cash down.

Location Description

Located in downtown Ocala's Booming business district, this is an easy Florida hotel to get into the hospitality

m market with. This is the closest lodging facility to not only the historic downtown district, but also the business

center of Marion County. The Hotel is within walking distance to historic downtown city circle and close to all

.co area attractions, fine restaurants, as well as local hospitals and the county courthouse. The Boutique Beauty is minutes from I-75 with easy access to many water sites in the area, such as Silver Springs State Park, Alexander Springs, Juniper Springs, Rainbow River, Salt Springs, The Devil’s Den, etc.

PRICE / CAPRATE

HotelMaxRealty Sales Price Reduced $1,248,600.00

3 www. CapRate 10%

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected] 215 S. Pine Avenue Ocala, FL 34471

PROPERTY MAPS

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*Outline of Property is only an overview and does not represent actual acreage.

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected] 215 S. Pine Avenue Ocala, FL 34471

AERIAL VIEW

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*Outline of Property is only an overview and does not represent actual acreage.

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected] 215 S. Pine Avenue Ocala, FL 34471

ROOM PHOTOS

Nautical Nook Guest Studio Seaside Bungalow Guest Studio

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Grecian Mediterranean Guest Studio English Garden Guest Studio HotelMaxRealty

www. French Country Guest Studio Paris Getaway Guest Studio

Bohemian Retreat Guest Studio Botanical Boudoir Guest Studio

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected] 215 S. Pine Avenue Ocala, FL 34471

PROPERTY PHOTOS

View from Above Private Outdoor Cabana

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Front Desk Reception Owners Suite HotelMaxRealty

www. Owners Suite Kitchen Outdoor Seating Area

Outdoor Seating Area Aerial View of Property

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected] 215 S. Pine Avenue Ocala, FL 34471

TRAFFIC COUNTS

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278 Crystal Grove Blvd. Lutz, FL 33548 8 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

215 S. Pine Avenue Ocala, FL 34471

ABOUT OCALA, FL

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ABOUT OCALA, FLORIDA

Ocala is a city in central Florida. East of downtown, Fort King National Historic Park was an important Second Seminole War site. The collection at the Appleton Museum of Art includes pre-Columbian artifacts and contemporary art. The waters of Silver Springs State Park are dotted with kayaks and glass-bottom boats. The park is also the gateway to the woods and lakes of the vast to the east. It is the seat of Marion County and the principal city of the Ocala, Florida

HotelMaxRealty Metropolitan Statistical Area, which had an estimated 2017 population of 354,353. The surrounding farms are famous for their thoroughbred horses, in terrain similar to Kentucky bluegrass. Ocala is also known for nearby Silver Springs, Florida, site of one of the largest artesian spring formations in the www. world and Silver Springs Nature Theme Park, one of the earliest tourist attractions in Florida.

 Population as of July 1, 2018: 60,429 (United States Census Bureau)  Area: Ocala has a total area of 38.63 square miles (100.1 km2), all land.

Location:

Ocala (/oʊˈkælə/ oh-KAL-ə) is a city in Marion County, Florida, United States, which is part of the northern region of the state. As of the 2017 census, its population, estimated by the United States Census Bureau, was 59,110, making it the 49th most populated city in Florida.

Climate:

Ocala has two distinct seasons: the dry season (October–May) and the wet season (June–September). During the dry season, there is almost uninterrupted sunshine with very little rainfall. In January, the morning low temperatures are often in the 30s and 40s, but the cloudless sunny weather typically warms the dry air up to near 70 by the afternoon. During the wet season, afternoon thunderstorms are a daily occurrence. These storms are often severe (unofficially, Ocala is known to have more cloud-to-ground

278 Crystal Grove Blvd. Lutz, FL 33548 9 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

215 S. Pine Avenue Ocala, FL 34471

lightning per square mile than any other city in the world). The typical morning low temperatures during the wet season are in the 70s and typical daytime high temperatures are in the 90s. Due to the city being relatively far away from the moderating influence of the Atlantic Ocean and the Gulf of Mexico, Ocala's summertime high temperatures are often the highest in the state while winter night temperatures are often the lowest compared to other cities on the peninsula.

History of Ocala:

m Archeological investigation has revealed that the area was inhabited by varying cultures of indigenous .co peoples from as early as 6500 B.C., and there were two lengthy periods of occupation. The second lasted through 500 A.D. In early historic times, the inhabited the area. Ocala is located near what is thought to have been the site of Ocale or Ocali, a major Timucua village and chiefdom recorded in the 16th century. The modern city takes its name from the historical village, the name of which is believed to mean "Big Hammock" in the . The Spaniard 's expedition recorded Ocale in 1539 during his exploration through what is today the southeastern United States. Ocale is not mentioned in later Spanish accounts; it appears to have been

abandoned in the wake of De Soto's attack. HotelMaxRealty In the late eighteenth and early nineteenth centuries, Creek people and other Native Americans, and free and fugitive African Americans sought refuge in Florida. The Seminole people formed. After foreign

www. colonial rule shifted between Spain and Great Britain and back again, in 1821 the United States acquired the territory of Florida. After warfare to the north, in 1827 the U.S. Army built Fort King near the present site of Ocala as a buffer between the Seminole, who had long occupied the area, and white settlers moving into the region. The fort was an important base during the Second Seminole War and later served in 1844 as the first courthouse for Marion County. The modern city of Ocala, which was established in 1849, developed around the fort site. Greater Ocala is known as the "Kingdom of the Sun".[9] Plantations and other agricultural development dependent on slave labor were prevalent in the region. Ocala was an important center of citrus production until the Great Freeze of 1894–1895. Rail service reached Ocala in June 1881, encouraging economic development with greater access to markets for produce. Two years later, much of the Ocala downtown area was destroyed by fire on Thanksgiving Day, 1883. The city encouraged rebuilding with brick, granite and steel rather than lumber. By 1888, Ocala was known statewide as "The Brick City". The first thoroughbred horse farm in Florida was developed in Marion County in 1943 by Carl G. Rose. Other farms were developed, making Ocala the center of a horse-breeding area. Local horses have won individual races of the Triple Crown series; in 1978 Affirmed, bred and trained in Marion County, won all three races, boosting interest in the industry here. Ocala is one of only five cities (four in the US and one in France) permitted under Chamber of Commerce guidelines to use the title, "Horse Capital of the World", based on annual revenue produced 278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected] 215 S. Pine Avenue Ocala, FL 34471

by the horse industry. 44,000 jobs are sustained by breeding, training, and related support of the equine industry, which generates over $2.2 billion in annual revenue. Postime Farms and Ocala serve as host to one of the largest horse shows in the country: H.I.T.S or "Horses in the Sun", a Dressage/Jumper event lasting about two months. It generates some 6 to 7 million dollars for the local Marion County economy each year. The show features classes for over 100 different breeds, including Tennessee Walker, Paso Fino, Morgan horse, SaddleBred, Draft horse and the American Quarter Horse. Other equine events in the area include cowboy mounted shooting by the Florida Outlaws, as well as endurance rides, barrel races,

"extreme" cowboy events, jumper shows, trick shows, parades, draft pulls, rodeo events and more.

m In December 1890, the Farmers' Alliance and Industrial Union, a forerunner of the Populist Party, held its national convention in Ocala. At the convention, the Alliance adopted a platform that would become .co known as the "Ocala Demands". This platform included abolition of national banks, promoting low- interest government loans, free and unlimited coinage of silver, reclamation of excess railroad lands by the government, a graduated income tax, and direct election of United States senators. Most of the "Ocala Demands" were to become part of the Populist Party platform.

Attractions:

Tucked into north central Florida in a region known as "horse country," Ocala offers visitors winding

HotelMaxRealty community pathways lined with oak trees and dangling trellises of Spanish moss, and the opportunity to explore miles of untainted nature. If the prospect of canoeing down a crystal clear stream amid the largest sand pine forest in the world sounds appealing, Ocala and surrounding Marion County are more than www. worth your time. Ocala and the region's freshwater streams, rolling hills and clean air remain unspoiled and have been used for Hollywood movies. Nearby Ocala is Silver Springs, a national landmark and nature theme park on 350 acres. Silver Springs is Florida's "original attraction."

Don Garlits Museum of Drag Racing

The Don Garlits Museum of Drag Racing and International Drag Racing Hall of Fame. The Antique building has one of the largest collections of Fords in the country; you will also see muscle cars, rare vintage automobiles and nostalgia. The Drag Racing building has a collection of world famous, history making, Dragsters, Funny Cars, Pro Stock, Motorcycles and many other exciting racing vehicles. You will find throughout the two buildings an amazing collection of Hemi engines, Flathead engines, rare manifolds and carburetors that have been restored by Don Garlits himself. We also have a covered pavilion located outside of the antique building with 14 picnic tables that seat about 6-8 per table. Private tours with "Big Daddy" Don Garlits include, behind the scenes access to private garage areas that are not open to the public. You will see his latest projects and listen to amazing stories about his life and career. This tour will last about 1-2 hours depending on questions and projects at that time.

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected] 215 S. Pine Avenue Ocala, FL 34471

Marion County Museum of History and Archaeology

The Marion County Museum of History and Archaeology is a research and teaching institution located in the McPherson County Government Complex at 307 SE 26th Terrace, Ocala. East Hall, where the museum is housed, was once part of the Florida Industrial School for Girls, a reclamation school for delinquent females. The school was established by the Florida legislature in 1915 and opened in 1917. The industrial

school originally accepted girls from 9 to 17 years of age, but later accepted only those ages 12 to 17.

East Hall was designed by architect Frank Parzaile and was built in 1936 by the Public Works

m Administration. It was added to the U.S. National Register of Historic Places on July 28, 1995. According to the museum website, http://marioncountyarchaeology.com, “Our displays, exhibits and programs cover

.co 13,000 years of human history in this wonderful county.”

Visitors to the museum will see artifacts found in the area and photographs and documents of events and places that have been a part of Marion County since 1844. The rooms are set up in a timeline fashion so visitors move from the earliest times to the present as they walk through the displays. Visitors can tour the museum on their own or take a guided tour.

Silver Springs State Park

HotelMaxRealty Silver Springs State Park is a 4,660-acre National Natural Landmark located on the western edge of the Ocala National Forest. One of the world's largest freshwater springs, a group of 30 artesian spring vents

www. form the 5.4 mile . Glass-bottom boats offer 30 minute tours of the water but canoes and kayaks offer the best way to experience the crystal-clear river with nothing but wild Florida along its banks. Hiking, biking and camping are popular recreations. Modern vacation cabins are also available. On weekends and holidays, explore the pioneer "Cracker" village at the Silver River Museum and Environmental Education Center. Ranger programs offered every weekend as well as seasonal events, festivals, and concerts throughout the year.

Ocala National Forest - Juniper Prairie Wilderness

The Ocala National Forest meanders nearly 9 miles through the Juniper Prairie Wilderness; the Florida Trail gets you up close to the Big Scrub, the world's largest sand pine scrub forest. This roadless area is an ideal place to get away from it all and enjoy a quiet stretch of wilderness in the Ocala National Forest.

Grand Oaks Resort and Museum

The Grand Oaks Carriage Museum is home to one of the world’s largest private collections of carriages and equine artifacts. Step back in time and enjoy the elegance and pageantry of over 160 European and American Carriages, including the elaborate 1850 Armbruster Dress Chariot once owned by Emperor of

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected] 215 S. Pine Avenue Ocala, FL 34471

Austria Franz Joseph, and his wife, Elisabeth. Our Museum uniquely offers a glimpse into the history of the relationship between man and horse and clearly defines the manner in which the horse has helped shape the history of man. Since 1995, The Grand Oaks Carriage Museum has opened its doors to the public with an extraordinary display of historical artifacts, while educating visitors with tours, seminars and special programs in a live setting. Take a journey through time into the world of man’s most vital mode of transportation of past centuries. Museum visitors have a rare opportunity to see an English Omnibus, a horse-drawn fire fighting apparatus, a World War I supply wagon, the colorful and ornate Sicilian Caretta

and a Dutch Tikker. This Tikker is one of a pair; the other was displayed by Count de Hamptinne in the

Hotel Particulier in Ghent, Belgium. And that’s only the beginning of what this Museum has to offer. m

.co Ocala Jockey Club Farm

Hidden away, yet very accessible, the Ocala Jockey Club Farm is a 950 acre unspoiled equestrian paradise. There are rolling hills rarely seen in Central Florida, old growth oak trees, pastures as far as the eye can see, and sunsets paralleled by those famous in Africa. The environment is perfect to train a young Thoroughbred, bring back a horse from injury, or condition an eventer with long sloping gallops and miles of rolling terrain. The unique 9700 sq. ft. Ocala Jockey Club Restaurant perched on one of the highest points in the County with a view of the farm and training track serves as a perfect setting for weddings,

HotelMaxRealty clinics, corporate meetings and retreats, family reunions and holiday parties.

Farm Tours of Ocala www. Enjoy a morning tour of Ocala’s working farms! Discover why Marion County is the “Horse Capital of the World”! One of only four major thoroughbred centers in the world, Marion County’s 600 thoroughbred farms have produced 45 national Champions, 6 Kentucky Derby winners, 6 Horses of the Year, and many Preakness Stakes and Breeders’ Cup winners.

Tour leader Karen Grimes, an avid horseperson and long-time resident of Ocala’s Horse Country, will take you behind the scenes of working farms to get you up close and personal with equine athletes and the professionals who train and care for them. You can chat with the professionals and share Karen’s enthusiasm and knowledge of the Marion County horse scene. Please contact Karen for special packages that include Trail Riding and wonderful Bed and Breakfast in Horse Country!!

Horse Country Carriage Company & Tours

Welcome to Horse Country Carriage Company located at Kimberden Farm! Meet at our farm and take an hour long carriage tour out past several other farms where famous horses have been trained or bred, and learn the history of the farms, the area, and how Ocala became the "Horse Capital of the World."

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected] 215 S. Pine Avenue Ocala, FL 34471

Kimberden is a 60 acre hunter/jumper training facility and home to the University of Florida Equestrian Team. When we return to from the tour, we invite you to stay and watch riders train or feed carrots to the 50 plus horses at our facility... they all love treats!

Ocala Poker & Jai-Alai

Ocala Poker & Jai-Alai offers poker tournaments and live poker games in Reddick, Florida. Located half

way between Ocala and Gainesville 3 miles east of I-75 at exit 368 on CR 318. The gorgeous facility boasts m 28 tables with 18 big screen plasma TV's well within view of all tables. TV's can be tuned to your favorite

.co sporting events or ITW tracks. We offer table side massage for $1 per minute, a full bar and cafe', private parties, and a wide range of tournament play. In the ITW facility enjoy more plasma screens tuned to your favorite tracks for both Pony's and Pups. When in season Ocala Poker & Jai-Alai boasts a premier Jai-Alai team for live action and betting. Ocala Poker & Jai-Alai is unquestionably the most unique destination for Live Action Poker, Poker Tournaments, Inter-Track Wagering, and Live Jai-Alai in Central Florida.

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LISTING DISCLAIMER

HotelMax Realty, Inc. is the Exclusive Agent of the Seller of this property and will be paid by the Seller. All information furnished with respect to the subject property has been obtained from sources deemed reliable. However, no representation as to the accuracy and/or validity thereof is made. This offering is subject to errors, omissions, prior sales and may be withdrawn without notice.

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]