About 5575 E Irlo Bronson Memorial Highway
Under contract-accepting backup offers. Outstanding Investment Opportunity – Turnkey Motel with Redevelopment Potential! Now available: a fully operational, income-producing motel property in the rapidly expanding Saint Cloud market. Located at 5575 E Irlo Bronson Memorial Hwy, this 5,374 SF property sits on a valuable parcel with excellent visibility and frontage on busy US-192. Currently comprised of 9 rental units, all leased under flexible terms (weekly, biweekly, and monthly), this income-producing property generates approximately $11,937/month or $143,244 annually in gross income, with a Net Operating Income (NOI) of $79,948/year. Building One features a new roof (2021) and a remodeled main living area completed the same year. Building Two received a roof replacement approximately 10+ years ago. The property is supported by four separate septic systems. Additionally, the site includes a 1,435 sq ft living space with 3 bedrooms and 1.5 baths, which could serve as on-site living quarters for ease of management or be converted into an additional income-producing unit to further enhance returns. This property offers not only solid cash flow but also significant redevelopment potential—ideal for hospitality, retail, or mixed-use projects. This allows for a wide range of future uses, making this a strategic acquisition in a growth corridor. Situated in a high-traffic area near new residential developments, attractions, and major roadways, this is a rare opportunity to secure a versatile asset with strong current income and future upside.
Features of 5575 E Irlo Bronson Memorial Highway
| MLS® # | O6320338 |
|---|---|
| Price | $1,050,000 |
| Bedrooms | 14 |
| Bathrooms | 10.00 |
| Square Footage | 5,374 |
| Acres | 1.06 |
| Year Built | 1966 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Pending |
Listing Details
| Office | BALDWIN PARK REALTY LLC |
|---|
Listing Map
Neighborhood Information for 5575 E Irlo Bronson Memorial Highway
Significant Percentage of Family Households, Low Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Christ Centered Academics Private - 1St Grade to 12Th Grade |
3 Miles | |
|
Hickory Tree Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
3 Miles | |
|
|
Jjcc Bilingual Christian Academy Private - to |
3 Miles | |
|
|
St. Cloud Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
4 Miles | |
|
Michigan Avenue Elementary School Public - Kindergarten to 5Th Grade |
4 Miles | |
|
|
St. Cloud High School Public - 9Th Grade to 12Th Grade - Closest High School |
4 Miles | |
|
Harmony Community School Public - Preschool to 8Th Grade |
5 Miles |
School data provided by GreatSchools