$1,500,000
155 SW Old St Augustine Rd, , Madison, FL 32340
Current Rent **
$10,000+
Projected Rent **
$10,000+
MOTEL AND CAMPGROUND INVESTMENT PROPERTY
OFF MARKET INVESTMENT PROPERTY!
Deerwood Inn & Madison Campground
155 SW Old St Augustine Rd, Madison, FL 32340
CALL JD MONROE AT 210-326-5665 FOR QUESTIONS
Buy it Now!! Price: $1,500,000
Agents & Wholesalers add your fee on top!!
PHOTOS AND FINANCIALS:
Links for financials:
https://mailchi.mp/019ec2751160/new-deal-32-unit-motel-76-pad-rv-campground?e=%5BUNIQID%5D
Deerwood Inn and Madison Campground is a 32 unit motel and 76 pad RV park Located directly off I-10 in Madison, FL.The Property features an office building with two apartments, a bathhouse, swimming pool, tennis court, Motel and multiple RV sites with with 50A / 30A service on 16.8 Acres. Over $30k in recent capital improvements. This property will require a new waste management system and has room for 28 more RV lots.
2021 Gross Income: $368,027
Needed Repairs/Expansion Plan
104 RV Sites
Removal waste treatment
Install lift station
Install upgraded utility infrastructure
Install upgraded electrical grid
Improve motel finishes and systems
Please note:
Price offered is for cash or hard money. There is NO financing contingency.
$75,000 non-refundable deposit required for this property
Properties are sold AS-IS.
Buyer pays all closing costs including title fees and doc stamps.
If provided, Rehab Estimate, Projected Rent, and ARV are ESTIMATES based upon the analysis and opinion of Shorefront Investments, LLC, and actual repair cost, rent, and/or ARV may vary.
Links for financials:
https://mailchi.mp/019ec2751160/new-deal-32-unit-motel-76-pad-rv-campground?e=%5BUNIQID%5D
Location:
155 SW Old St Augustine Rd, , Madison, FL 32340
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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