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 www. 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 Florida 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 m .co HotelMaxRealty www. 4 *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 m .co HotelMaxRealty www. *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 m .co 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 m .co 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 m .co HotelMaxRealty www. 8 6 7 278 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 m .co 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 Ocala National Forest 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 Timucua 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 Timucua language. The Spaniard Hernando De Soto's expedition recorded Ocale in 1539 during his exploration through what is today the southeastern United States.