21380 Us Hwy 27 Lake Wales, FL 33859
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.
|14 hours ago||Listing updated with changes from the MLS|
|a month ago||Listing first seen online|
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