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$499,999
Est. payment /mo
6,372 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 6,372 sqft
Price per Sqft $78
MLS Listing ID 2132957
Property Sub-Type Hotel/Motel
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
Investor Special! Prime value-add opportunity with this 20-unit motel property located on Moncrief Rd W in Jacksonville. This property offers tremendous potential for investors or operators looking to renovate and reposition a hospitality asset in a growing area of Jacksonville. The motel requires a full renovation, making it ideal for buyers seeking a redevelopment or turnaround project. With strong demand for affordable lodging, extended-stay accommodations, and workforce housing in the area, the possibilities are substantial for the right investor. Conveniently located with easy access to US-1, I-95, and Downtown Jacksonville, providing excellent connectivity for travelers and commuters. Property sold as-is. Bring your vision and transform this property into a profitable asset.
Location
State FL
County Duval
Area 075-Trout River/College Park/Ribault Manor
Direction on I-95 North. Take Exit 354B for US-1 N / Martin Luther King Jr Pkwy. Merge onto MLK Jr Pkwy and continue about 3 miles. Turn left onto Moncrief Rd W. Continue for about 1 mile. The destination will be on your right:
Exterior
Parking Features Additional Parking
Private Pool No
Building
Lot Description Many Trees
Others
Tax ID 021549-0000
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Listed by FLORIDA HOMES REALTY & MTG LLC • MANASSE S COLIN