Overview
- 11 Bedrooms
- 10 Bathrooms
- 4,035 ft
- Year Built: 1955
Description
Immaculately maintained nine-unit motel and single-family home near downtown Titusville, steps from the Indian River. Managed part-time by a live-in manager who gets a rent-free apartment, making operations easy. Includes eight themed guest rooms, a high-end manager’s apartment, an office, a coin laundry, and a housekeeper’s storage room. Features a brick paver parking lot, tropical landscaping, and patio seating. Units, mainly rented weekly and monthly to contract workers and construction tradespeople, average 90% occupancy at $400 per week.
PROPERTY DETAILS:
Asking Price: $1,465,000
Property Type: Multi-Family
Bedrooms and Bathrooms: 11 Beds and 11 Baths | All Units
Square Footage: 4,835 Sqft
Projected Monthly Rent: $16,000 | All Units