2398 Singleton Ave Mims, FL 32754

This exceptional investment opportunity presents a charming 6-unit hotel located at 2398 N Singleton Avenue, Mims, FL 32754. Built in 1940 and extensively renovated in 1949 and 2022, the Wayward Travelers Inn boasts 2,680 square feet of space on a generous 18,730.8 square foot lot. The two-story building features six keys, each with its own bed, providing immediate income potential. Currently operating under a lease agreement with a tenant until January 2028, the tenant is responsible for utilities and a monthly payment of $3,200 to the property owner. The current owner handles major upkeep, taxes, and insurance. The tenant holds an option to purchase the business before January 2028, but has expressed interest in selling the business portion as well, presenting a unique opportunity for the buyer. This sale is strictly for the property and land; the associated bed and breakfast business is not included in this offering. This property is ideal for investors seeking a strong return on investment in a desirable Florida location. The property's history, recent renovations, and existing lease agreement provide a solid foundation for future growth and profitability. The substantial lot size also offers potential for future expansion or development. This is a rare chance to acquire a well-maintained, income-generating property in a thriving market. The asking price is $380,000.