2805 US Hwy 27 N, Sebring, FL 33872 For Sale

This offering combines three contiguous properties (3.17-aces) that currently has an operating 17-Unit apartment complex and a 25-Rm Motel. The apartment complex is fully occupied almost 100% of the time, with good quality tenants who pay their rent on time. Tenants are offered 6-month to 1-year lease terms.

Motel:

• 24-Motel Rooms

• Managers Apartment: 2-Bdrm/2-Bth, Full Kitchen, Living Room

• 3-Buildings (8,835 Htd SF)

• Year Built: 1952 Effective: 1986

· 1.91-acres MOL

· 27-/+ Parking Spaces

· 42,500 AADT

· Zoning: C-1 Commercial

· Gross Revenue: $448,765 (2024)

· NOI: $275,778 (2024)

Apartments:

• 17-Units Apartments

• 2-Buildings (9,672 Htd SF)

• Laundry Building (currently not in use)

• 1.26-acres MOL (2 Separate Parcels)

• 20-/+ Parking Spaces

• Newer Roof – 3 years old Standing Seam Metal Roof

• Current Occupancy: 84% Occupied

• Gross Revenue: $152,952

• NOI: $103,604

Combined Motel-Apartments Revenue:

· Gross Revenue: $601,717

· NOI: $379,382