215 S Pine Ave
Ocala, FL 34471
Shamrock Cove Inn · Hospitality Property For Sale · 5,090 SF

Cap Rate 10% - DON’T MISS OUT ON THIS RARE OPPORTUNITY. This Inn has proudly cultivated a massive client base and following over the years and has some of the highest online ratings in the industry. All 12 of the themed guest studios are unique and have all modern up to date technology (smart tv’s most 4K, updated appliances, high speed WiFi etc), while still maintaining a vintage charm and style. An Oasis type setting on a busy highway (soundproof rooms) with lush gardens and outdoor gazebos to enjoy the beautiful Florida weather, year-round. There are ample accommodations right behind the lobby for either an owner or manager to live onsite in comfort. There is an air-conditioned maintenance and tool storage area near the owner/managers suite as well. The roof has been completely redone and replaced with designer top quality shingles. Air Conditioning Units are newer, cleaned on a regular schedule and in excellent working order. Guests rave about the showers. Newer gas hot water heater with plenty of hot water and great water pressure. This Boutique Inn with only 12 guest studios is has been a pleasure for current owners to run and manage. The potential for future business is endless. This quaint historic district and the unique charm of this property is highly appealing to the Millennials. The new owners will have the exciting opportunity to take this property to the next level in this thriving historic district. Most of the block surrounding the hotel may be available for sale as well if you are looking for a redevelopment opportunity. This Boutique Inn is within walking distance to the historic downtown City Circle, with many fabulous restaurants, shops, pubs, wineries, breweries, a historic movie theatre, the local farmers market and historic homes and Mansions within blocks. The Inn is close to Reilly's Art Center, which features concerts by famous top names. This property is also located near many local Springs, Santos Trailhead, only 8 miles from the soon to be opening World Equestrian Center, Zip lining, Florida Gator Games etc. Hospitals, Courthouse, minutes from 1-75, the list goes on... The new owner will be embarking on a wonderful exciting fun adventure. The current owner will be parting with lots of tears from so many fond memories of her fantastic journey here. The Owner loves what she does here so much, she will happily guide the new owners until they are at a comfort level to take over the business themselves, guaranteeing a smooth transition for new owner. She will also be happy to share ideas for increasing the future revenue.