Listed by eXp Realty Orlando
$1,650,000
Rainbow Motel
Details
Property Type Hospitality
Sub Type Motel
Square Footage 5,826
Keys 13
Cap Rate 13.64%
NOI $225,000
Pro-Forma Cap Rate 16.67%
Pro-Forma NOI $275,000
Broker Co-Op Yes
Year Renovated 2023
Zoning Comm Genra
Proven Financials | Easy Management
Marketing description
The Rainbow Motel features 13 units available as weekly rentals. One of the units is a full 2 bedroom apartment and the other 12 units are efficiencies. This property brought in a total net operating income of $225,000 for 2023 making this nearly a 12 cap how it currently sits with actual documented financials. Since the current owner purchased the property they have done major upgrades. A majority of the units have been completely upgraded including flooring, kitchens, paint, and bathrooms. This Motel offers many amenities which include in-room refrigerator, microwave, guest laundry, and ADA accessible rooms. Sited in close proximity to the beaches, golf clubs, shopping centers and restaurants this is an incredible investment.
Listing Contacts
Listed by eXp Realty Orlando
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$225,000.00
$18,750.00/mo
Valuation Metrics
0
DSCR
13.64%
Cap Rate
13.64%
ROI
Map
Zoning
CG CommercialGeneral CommercialCommercial General
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View all 84 uses
View all 84 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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