Shamrock Historic Inn

Ocala, Florida
shamrockhistoricinn.com/
www.crexi.com/properties/243970/florida-shamrock
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Property Type
Bed & Breakfast / Inn
Guest Rooms
12
Baths
12
Restaurant
No
Owners Quarters
Yes
Asking Price
$1,248,600

Occupancy Rate
50%
Average Daily Rate
$95
Gross Revenue
NA
Gross Revenue Multiplier
NA

Property Overview

The Shamrock Historic Inn has proudly cultivated a massive client base & following over the years & has some of the highest online ratings in the industry. All 12 of the themed guest studios are unique & have all modern up to date technology (smart tv’s most 4K, updated appliances, high speed WiFi, etc.), while still maintaining a vintage charm & style. This Boutique Inn is within walking distance to the historic downtown, with many restaurants, shops, pubs, wineries, breweries, a historic movie theatre etc. You can even walk to the local farmers market & see historic homes within blocks.


Property Description

An Oasis type setting on a busy highway (soundproof rooms) w/ lush gardens & outdoor gazebos to enjoy the beautiful Florida weather, year-round. There are ample accommodations right behind the lobby for either an owner/manager to live onsite in comfort. There is an air-conditioned maintenance & tool storage area near the owner/managers suite as well. The roof has been completely redone & replaced w/ designer top quality shingles. Air Conditioning Units are newer, cleaned on a regular schedule & in excellent working order. Guests rave about the showers. Newer gas hot water heaters as well.


Business Description

This Boutique Inn w/ only 12 guest studios has been a pleasure for current owners to run & manage. The potential for future business is endless. The regentrification of the historic district as well as the draw of millennials add to the uniquely charming appeal of this property. This venture is an easy entry level into the central Florida hospitality market & is an excellent revenue generator. The Seller(s) will also share the ideas she had for increasing the revenue. The new owners will have the exciting opportunity to take this property to the next level in this thriving historic district.


Reason for Selling

The owner(s) are retiring to travel & work full time in ministry.


Terms & Asking Price

$1,248,600-10% CAP - all reasonable offers will be considered. Some seller financing may be avail.