307 E Vine St - Hospitality FOR SALE


Kissimmee, FL 34744
$2,500,000 USD
407-467-3607
307 E Vine St, Kissimmee, FL for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/82
null | 9.58% Cap Rate

307 E Vine St
Kissimmee, FL 34744


HIGHLIGHTS

  • Heavy Daily Traffic AAD 49500
  • Corner Lot with Ingress and Egress
  • Completely renovated Rooms with On-Site Laundry

OVERVIEW

Presenting a lucrative investment opportunity with Absentee Owner: a 29-room motel located at 307 E Vine St, Kissimmee, FL 34744. All rooms have undergone renovations within the past two years, ensuring modern amenities and appeal. The property operates with both weekly and daily rentals, maintaining high occupancy rates throughout the year. With a capitalization rate exceeding 10%, this investment promises substantial returns. The motel offers convenient ingress and egress to E Vine St, enhancing accessibility for guests. Motel offers large rooms renting $385 weekly and 4 large apartment units rented in long term rental for $450 weekly rate. Separate manager suite with guest check-in office at the entrance designed for on-site managers convenience. Ingress and Egress to E Vine St(192) 49500 AADT traffic offers high occupancy for the Motel in this desired location surrounded by Major retailers, shopping centers and attractions in Orlando MSA.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$143 USD /SF

# OF ROOMS

29

PRICE/ROOM

$86,207 {currency}

CAP RATE

9.58%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Budget Inn East

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1985

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

Hotel

APN/PARCEL ID

15-25-29-1050-00H8-0050

ASK ABOUT THIS PROPERTY

John HuebnerPremium Properties Real Estate ServicesMore Info
407-467-3607

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John HuebnerPremium Properties Real Estate ServicesMore Info
407-467-3607

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.