Motel Lu Rae

Premium Properties Commercial Presents Motel Lu Rae Weekly Motel Investment Sales located in Casselberry FL in Orlando MSA and Opportunity Zone in Seminole County.​ Recently Renovated Motel with New Roof replacement in 2021 along with Drain Field and New Septic Tank replacement recently completed.​ Sellers upgraded 10 Rooms with new Flooring, fresh painting and new Bathrooms reflected to Motel's Income stream and room rates increased significantly and Value add opportunity for future buyers to upgrade rest of the rooms and increase the current income.​ Strategically located Motel on High Traffic facade to US 17-92 53,000 AADT(Average Annual Daily Traffic) with Ingress and Egress and 21 Asphalt Surface Parking spaces.​ Motel has repeated clients for many years and operating as Weekly rental Business structure gives flexibility for Owners to change weekly rates on and off season to increase cash flow.​

CG Zoning Motel on 0.82 Acre Lot Concrete Block construction on Lake Ellen across the Street from Home Depot and Publix Anchor Casselberry Collection Retail Shopping Center occupied by Local and National Retail Tenants.​ 94,175 Population within 3 Miles Distance and $77,180 Average Household Income Average Strong Sales Comparison per room for similar Motel sales within 25 Miles Radius is $148,182, In 2018.​ On site Employee Managing the Motel on weekly and daily rental structure and reside in Manager Unit available to Guests needs for Housekeeping, check-in check-outs and any maintenance required for the staying Guests.​ Motel has a separate Laundry Room allowing Guests to use Laundromat and spacious Parking space easy access to US 17 92 and other Major Highways to everywhere in Orlando MSA.​

Motel Lu Rae located on High Traffic visible to US 17-92 in Casselberry FL within Opportunity Zone gives Extra Tax Advantage for future owners.​ Property Surrounded by National and Local Retailers, Residential properties and Shopping Centers.​ Less than 30 min drive to Orlando Downtown and easy access to Longwood, Winter Springs and Altamonte Springs via Major Highways and 20 Min Drive to Sanford International and 40 Min from Orlando International Airport.​ Famous Orlando Theme Parks within 30 Miles Distance to Motel as of 2019 Orlando MSA was the number 1 Tourist Destination in the US with over 75.8 Million Visitors made $47.9B Impact to city's Economy and local Businesses as Hospitality, Restaurants, Merchandise, Entertainments, Shopping Centers, local retailers and Theme Parks.​

Orlando MSA is one of the fastest growing cities in the U.​S and In July 2022, the Orlando Area's Unemployment Rate 3.0 Percent, a Decrease of 2.2 Percentage Points Over the Year.​ Orlando MSA was receiving 1000 residents per week during the pre-pandemic increased these numbers significantly after COVID 19 attracted many snow birds and Out of State Families along with Companies moving to Central Florida where they can enjoy the No State Tax, warm weather, center of Entertainments and Themse Parks City with close distance to both sides of Beaches and one of the Busiest International Airports in the U.​S (MCO) offering opportunities for Tourism, Construction, Tech Companies, Medical and Defense Industry and Industrial sectors to move their location and grow their Business here in Central Florida.​

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  21 Room Renovated Motel located in US-1792 Casselberry FL over 95% Occupancy generating over 14% CAP rate.

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  53,000 AADT Traffic in front of the Motel La Rue have high visibility to driving and walking traffic.

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  Strategically located highly dense population in Opportunity Zone.

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  Weekly rental Hospitality Business generating great cash flow with room to value add opportunities.

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  SBA Approved Motel !!