SOLD! – Bed and Breakfast Start-Up Opportunity Former B&B in Lake Helen, FL

SOLD!

Location: 201 E. Kicklighter Road
Lake Helen, FL 32744
Contact: David Bradshaw
Tranzon Driggers
1 NE 1st Ave
Ocala, FL 34430
Contact Telephone: (877) 374-4437
Contact Toll Free: (877) 374-4437
Contact Fax: n/a
Contact Email: dbradshaw@tranzon.com
URL: http://www.tranzon.com/Propertydetail.aspx?id=9303
Owners: n/a
Business Established: n/a
Affiliation: n/a

Area Description: Former Bed & Breakfast, Lake Helen, FL:

• 2 homes with total of 11 bedrooms
• On National Register of Historic Places
• Near tourist destination Village of Cassadega
• County: Volusia, 05-18-31-02-06-0010
• Auction Location: Clarion Hotel – 350 E International Speedway Blvd. Deland, FL 32724

Site Description: Former Bed & Breakfast property includes two homes; the first dates back to 1895±, with updates in 1937±. It is a 5/6 with 2,288± SF UR.

Structure: The 2nd was built in 1994± and features 6 bedrooms and 6 baths with two additional half baths totaling 1,564± SF UR. Total of 1,411± SF in screened porches on the buildings; gazebo and two storage buildings are also on site. Both homes have had appliances and A/C removed and need repair.

Offering: Buyers Premium: 10% Buyers Premium based on the high bid.

• Closing: 30-Day closing, sold in As-Is condition, no contingencies.
• Deposit Amount: $5,000 Cash or Cashiers Check, Balance of 10% at auction by personal check.
• Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

Tranzon Driggers, Walter J. Driggers, III, Lic. Real Estate Broker, FL Lic# AU707 & AB1237

Financial Information:

• Occupancy: n/a
• Average daily rate (ADR): n/a
• Income from room sales: n/a
• Taxes: n/a
• Electricity: n/a
• Water and Sewer: n/a
• Natural Gas: n/a
• Insurance: n/a

Special Notes: n/a