Merritt Island Landmark Aladdin Motel For Sale For $1.75 Million

By  //  May 22, 2015

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Aladdin Motel Built in 1968

Aladdin-Motel-580-10

The Aladdin Motel, a landmark on Merritt Island at the base of the State Road 520 Causeway, is for sale for $1.75 million, according to Loopnet.com. (Google maps image)

BREVARD COUNTY • MERRITT ISLAND, FLORIDA – The Aladdin Motel, a landmark on Merritt Island at the base of the State Road 520 Causeway, is for sale for $1.75 million, according to Loopnet.com

ALADDIN MOTEL LOOPNET.COM LISTING:

Built in 1968, the Aladdin Motel – Apartments is a 23-unit, exterior-corridor, economy motel located on State Road 520, in Merritt Island, Florida.

The property is well-maintained and guest rooms have undergone extensive renovations. Guest room improvements include new televisions, interior paint, tile and kitchenettes with microwaves.

Amenities include Free Wi-Fi and internet in all guest rooms, a coin laundry facility, non- smoking units, free parking and some units offer stoves.

This motel is highly rated on most major websites and is nearly always at full capacity.

The property also features a two-bedroom apartment unit (about 1,100 square feet)  for the manager’s living quarters, making it perfect for an owner-operator.

Check Out Real Estate Sales In Merritt IslandRelated Story:
Check Out Real Estate Sales In Merritt Island

The Aladdin Motel-Apartments is within 6 miles of World Famous Cocoa Beach and 2 miles of the Merritt Square Mall.

Featuring 8 King rooms, 6 Double/Single rooms, 5 Queen Efficiencies and 4 Queen Apartments, the Aladdin Hotel Apartments is an affordable investment for an owner-operator.

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ABOVE MAP: The Aladdin Motel, a landmark on Merritt Island at the base of the State Road 520 Causeway, is for sale for $1.75 million, according to Loopnet.com.

Aladdin-Motel-580-1

Built in 1968, The Aladdin Motel – Apartments is a 23-unit, exterior-corridor, economy motel located on State Road 520, in Merritt Island, Florida. (Loopnet.com image)

Aladdin-Motel-580-3

The Aladdin Motel-Apartments features 8 King rooms, 6 Double/Single rooms, 5 Queen Efficiencies and 4 Queen Apartments. (Loopnet.com image)


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