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Green Gables Inn - LoopNet › d2 › II6UqOq3Q_YTRhMEDVCJZeX2Br9… · repair along with the...

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278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected] Green Gables Inn 21380 US Hwy 27 Lake Wales, FL 33859 HOTEL / MOTEL FOR SALE
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278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

Green Gables Inn 21380 US Hwy 27

Lake Wales, FL 33859

HOTEL / MOTEL FOR SALE

21380 US Hwy 27 Lake Wales, FL 33859

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

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CONFIDENTIAL LISTING – DO NOT CONTACT OWNER OR EMPLOYEES

MUST REGISTER CLIENT WITH LISTING BROKER

An Authentic Old Florida Property

www.greengablesfl.com

Property is located near Bok Tower Gardens & Spook Hill

Centrally Located

Near Legoland Theme Park

Property Description

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 capacities up to Fifty (50) people along with room for exercising facilities, etc. The property has a large swimming pool along with two exterior tennis courts, which are in need of repair. The hotel was built in the late 70’s and is operated as an independent (no franchise). Although the interior of the rooms are very nice and have been updated, the exterior of the hotel is in need of repair along with the landscaping, etc. The undeveloped portion of the acreage is sufficient to double or triple the size of the existing facility.

Location Description

The US Highway 27 marketplace in Lake Wales is an urban market; the highway is heavily traveled between Orlando and Miami and the area continues to experience continued growth. The hotel is complimented by a Sizzler Grill Steak House located next door on a parcel previously owned by the Inn. 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.

21380 US Hwy 27 Lake Wales, FL 33859

County: Polk

Property Type: Hotel/Motel

No. of Buildings: Several

No. of Stories: 1

No. of Units/Rooms: 56 Rooms

Building Area Size: Refer to Tax Records

Lot Size/Acres: Under 9 Acres

Year Buil t: 1959/1990 eff

Pool: Yes

Zoned: Commercial

Price: Contact Listing Broker – Signed NDA Required

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EXECUTIVE SUMMARY

21380 US Hwy 27 Lake Wales, FL 33859

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

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Confidential Financial Information is available with signed NDA

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REVENUE - OCCUPANCY

21380 US Hwy 27 Lake Wales, FL 33859

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

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PROPERTY MAPS

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21380 US Hwy 27 Lake Wales, FL 33859

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

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AERIAL VIEW

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21380 US Hwy 27 Lake Wales, FL 33859

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

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HOTEL PHOTOS

21380 US Hwy 27 Lake Wales, FL 33859

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

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TRAFFIC COUNTS

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21380 US Hwy 27 Lake Wales, FL 33859

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

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ABOUT LAKE WALES

The City of Lake Wales Florida is located in Polk County and lies among rolling hills on the highest ground in peninsular Florida. In the valleys around Lake Wales, there are many clear lakes that fur- nish year-round recreational opportunities.

Population: 15,362 (Bureau of Economic & Business Research, Univ. of Florida)

Area: 20.14 square miles

Location:

The city is located in the geographical center of the Florida peninsula, and is accessible by U.S. Highway 27 (north / south) and State Highway 60 (east / west). Interstate 4 crosses the state 25 miles north of Lake Wales, and both the Tampa and Orlando International Airports are approx. 1 hour's drive away. Climate:

Because of the region's rich soil and warm climate, citrus has been a major contributor to the local economy since the earliest days of Lake Wales. Recently, the area has been successful in attracting light manufacturing, construction and electronics firms.

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ABOUT LAKE WALES, FL

21380 US Hwy 27 Lake Wales, FL 33859

278 Crystal Grove Blvd. Lutz, FL 33548 Phone: 813-363-5771 Fax: 813-200-3939 Email: [email protected]

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History:

Lake Wales, Florida was founded in 1911 by the Lake Wales Land Company, a group of business- men who purchased 5,000 acres in the hilly wilderness around Lake Wales, a pristine lake named after Sydney Wailes, a land agent employed by the State of Florida after the Civil War. The men of the Lake Wales Land Company believed that the plentiful pine forests would form the basis of a thriving turpentine and lumber industry, the sandy soil would be ideal for growing grapefruit, oranges and other citrus, and the rolling hills would be the perfect site for a town. The first settlers arrived in 1911, the town was incorporated in 1917, and the City of Lake Wales was granted its municipal charter in 1921. To learn more about the rich heritage of Lake Wales, be sure to visit the Lake Wales Museum. Attractions:

Located in the very center of peninsular Florida, Lake Wales is within a 90-minute drive from the Atlantic Ocean, the Gulf of Mexico, Disney World, Epcot Center, and other internationally popular tourist destinations. Bok Tower Gardens On the highest point in Central Florida, Bok Tower Gardens is a national historic landmark and home of the annual International Carillon Festival. Designed in the 1920s by the Olmsted Brothers, Bok Tower Gardens is now a world-renowned botanical preserve and a sanctuary for endangered plant species.

Lake Wales Museum The Lake Wales Museum features local history and railroad memorabilia and is located on the city's historic corridor. The Lake Wales Museum sponsors Pioneer Day during the last weekend of October to honor the early days of the community and its pioneer citizens.

Legoland Theme Park LEGOLAND® Florida Resort is a multi-day vacation destination built for kids 2-12. Located in Central Florida’s Winter Haven, just 45 minutes from Orlando and Tampa, the resort includes an interactive, 150-acre theme park with more than 50 rides, shows and attractions inspired by popular LEGO® brands and characters, LEGOLAND Water Park and a world-famous botanical garden. Florida Skydiving Center Enjoy the Central Florida sunshine from a new perspective. Florida Skydiving Center offers year-round skydiving at the Lake Wales Airport. Tandem, solo, and group jumps are available seven days a week from 8 a.m. to sunset. Spook Hill At Spook Hill objects appear to defy the laws of gravity and physics as they roll uphill. This mysterious phenomenon has become a major attraction for visitors to Central Florida.

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