21380 Us Hwy 27, Lake Wales, FL 33859
sale $2,700,000 | Hotel/Motel
Courtesy Of HOTELMAX REALTY INC.
The Green Gables Inn consists of 56 Units sitting on approximately Nine (9) Acres and has access to a 60 acre lake in the backward portion of the property. The property is a single-story facility and is spread among Three (3) buildings. The hotel has a small meeting room with capacity for up to Thirty Five (35) along with room for exercising facilities, etc. The property has a large swimming pool along with two exterior tennis courts. The hotel was totally renovated in the late 70 s and is operated as an independent (no franchise). The interiors of the rooms have been recently updated with new carpet, bedding, most furniture, TV s and A/C units. The undeveloped portion of the acreage is sufficient to double or triple the size of the existing facility. In addition to being operated as a hotel, this property is prime for a conversion to an ALF-Type (Assisted Living Facility) concept or related entities. Owners are retiring from day to day operations. They will consider a possible Joint Venture to develop a new hotel/convention/meeting center. There are currently no meeting facilities in this area and the need is great. Some seller financing options may also be available. All reasonable offers will be considered.
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- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Window Unit(s) A/C
- Exterior Type: Stucco
- Exterior Type: Block
- Legal Description: COMM SE COR OF SW1/4 OF SW1/4 RUN E 110.3 FT TO HWY NWLY ALONG W R/W HWY 240.3 FT TO POB CONT NWLY ALONG HWY 594.7 FT S 76 DEG 17 MIN W PERP TO HWY 125 FT N 13 DEG 43 MIN W PARALLEL TO HWY 110 FT S 76 DEG 17 MIN W 75 FT S13-43-E 30 FT S 13 DEG 43 MIN W 300 FT S 13 DEG 43 MIN E PARALLEL TO HWY 320 FT S 85 DEG 13 MIN W 174.50 FT SWLY ALONG CURVE 50 FT S 0 DEG 21 MIN E 167 FT M/L TO LK ELY & SLY ALONG WATERS EDGE TO S BDRY OF SW1/4 THENCE E 232 FT M/L TO A PT 95 FT W OF SE COR OF SW1/4 OF SW1/4 N 233.37 FT E 150 FT TO POB LESS COMM SE COR OF SW1/4 OF SW1/4 THENCE E 110.35 FT TO WLY R/W LINE OF US 27 N14-23-06W ALONG SAID WLY RW LINE 627.01 FT TO POB S74-24-51W 182.19 FT N16-04-50W 321.95 FT N75-36-54E 66.67 FT S14-23-06E 110 FT N75-3654E 125 FT TO SAID WLY RW LINE OF US 27 S14-23-06E ALONG SAID WLY RW 207.99 FT TO POB
- MLSID: U8060852
- Roof Type: Unknown
- View Type: Water
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