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FOR SALE: High-Income Holiday Inn Motel – Prime Location in Vero Beach, FloridaAsking Price: $6, 900, 000Appraised Value: $8, 300, 000 (Verified)Loan Balance: $4, 700, 000 (Assumable)Cash Required to Close: Approximately $2, 000, 000Annual Revenue: $2, 000, 000+Rooms: 65 Premium Renovated RoomsPrice Per Room: $106, 000Discount from Market Value: $1. 4 MillionProperty OverviewThis is a rare opportunity to acquire a high-revenue Holiday Inn located directly on Interstate I-75, in the rapidly growing area of Vero Beach, Florida. Positioned right next to the Vero Beach Outlets, this motel enjoys outstanding visibility and heavy highway traffic, making it one of the most strategically located hospitality properties in the region. Key Features: 65 Fully Renovated Premium Guest RoomsNewly upgraded and maintained to the highest standards. Excellent guest reviews and strong repeat business. Outstanding LocationFirst motel off I-75 at the Vero Beach Outlets – high traffic area with strong year-round demand. Strong Financial PerformanceGenerates over $2 million in verified annual revenue, with room to grow under experienced ownership. Excellent AmenitiesIncludes a large swimming pool, modern fitness center, and comfortable lounge area – appealing to both leisure and business travelers. Ample ParkingOver 70 dedicated parking spaces, ideal for guests with vehicles, RVs, or tour buses. Investment Highlights: Priced Below Market Value: Appraised at $8. 3 million, available for just $6. 9 million – offering immediate equity. Assumable Loan: Existing $4. 7 million loan is assumable, minimizing the cash investment required. Only $2 Million Down: Acquire a high-performing asset with just $2 million out of pocket. Turnkey Operation: Professionally maintained, fully operational, and revenue-generating from day one. Who This Is Perfect For: Experienced hotel/motel operatorsInvestors seeking strong cash flow with real estate upsideBuyers using 1031 exchange fundsHospitality groups looking for a flagship Florida locationSummary: This is a unique chance to own a well-established, highly visible, and top-performing Holiday Inn in a premium Florida market — with built-in equity and strong returns. Opportunities like this are rare in today’s market.
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Our Executive Mortgage Banker:
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$6,900,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $5,520,000 | $5,520,000 | $5,520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.229% | 6.098% | 5.972% |
| Monthly Tax Payment | $2,917 | $2,917 | $2,917 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $31,342 | $33,095 | $45,839 |
| Total Monthly Payment | $34,384 | $36,137 | $48,881 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.