Property Highlight

• 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.
• 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 Theme 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.