Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a multi-unit property at 3220 S Fiske Blvd in Rockledge, FL. This fully operational motel offers a unique opportunity for investors seeking stable income in a thriving market. The property comprises over 20 units, with three additional units under construction, generating consistent weekly and monthly rental income. Most tenants have long-term stays exceeding six months, ensuring a steady revenue stream. The property also features additional income sources, including pool and court rentals generating $6,000 monthly. Strategically located near major thoroughfares and amenities, the Rockledge Motel is ideally positioned to serve both transient guests and long-term residents. Its proximity to key employment centers, retail, and dining options enhances its appeal to tenants and investors alike.