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Carriage Inn Motel and Restaurant 16872 SE Highway 19 25 Room Hotel Cross City, FL 32628 $1,999,000 ($79,960/Room)
Investment Highlights
- 25-room 12,016 sqft. Motel
- Directly on major highways (US-19, 98, and Alt-27)
- Excellent visibility and steady traveler traffic
- Manager apartment, 2-bedroom/ 2 bath, and Kitchen
- Adjacent to the motel, the on-site 4896 sqft. Restaurant offering family-friendly dining
- Opportunity for owner-operators or investors
Executive Summary
This well-established, recently renovated 25-room, plus Manager apartment, 2-bedroom/ 2 bath, and Kitchen. Total 12,016 sqft. Motel. Plus 4896 sqft. Restaurant property presents a unique investment opportunity in the heart of Cross City, Florida, situated directly on major highways (US-19, 98, and Alt-27) with excellent visibility and steady traveler traffic. The charming two-story Motel features comfortable guest accommodations with amenities such as free Wi-Fi, air conditioning, and in-room conveniences, creating a welcoming stay for visitors year-round. Adjacent to the motel, the on-site restaurant offers a family-friendly dining experience with popular American cuisine and all-day breakfast, providing an additional revenue stream and strong local appeal. Together, the motel, restaurant, and underlying land form a cohesive, income-producing property in a prime location near the Gulf of Mexico, the Suwannee River, and popular coastal destinations, making it an ideal opportunity for owner-operators or investors seeking growth potential in North Florida.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$360,000
|
$12.04
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$360,000
|
$12.04
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $360,000 |
| Annual Per SF | $12.04 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $360,000 |
| Annual Per SF | $12.04 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Restaurant
- Outdoor Pool
- Public Access Wifi
- Smoke Detector
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 25 | $97.00 | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 09-10-12-2144-002-40010 | Improvements Assessment | $491,000 |
| Land Assessment | $139,100 | Total Assessment | $630,100 |
Property Taxes
Parcel Number
09-10-12-2144-002-40010
Land Assessment
$139,100
Improvements Assessment
$491,000
Total Assessment
$630,100
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Carriage Inn Motel and Restaurant | 16872 SE Highway 19
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