44199 Highway 27 N - Hospitality FOR SALE


Davenport, FL 33897- North Polk
$6,490,000 USD
954-773-3725
44199 Highway 27 N, Davenport, FL for Sale
$6,490,000 USD
Hospitality - FOR SALE
1/16
null | 9.36% Cap Rate

44199 Highway 27 N
Davenport, FL 33897
North Polk


HIGHLIGHTS

  • Surrounded by Restaurant retailers Wendy's Denny's, Waffle House and Cracker Barrel
  • Nationally recognized hotels include Hampton Inn, Holiday Inn Express & Suites Orlando
  • Major retailers include Target, Petsmart, Ross Dress for Less and Hobby Lobby

OVERVIEW

152 existing hotel rooms Sunset Palm Hotel, located in Davenport, FL. The 2.1-acre property is a two-story independent hotel located directly off the intersection of HWY 27 and Interstate I 4. The property is strategically located close to one of the strongest hotel markets in the country. Major interest generators like World Disney World, Sea World, Universal Studios, Orange County Convention Center, and the Orlando Premium outlets, are all located less that 30 minutes away from the Hotel. The Sunset Palm Hotel offers investors the opportunity to acquire an recently renovated, amenity-rich property, in Central Florida. HOTEL LIQUOR LICENSE The sale of the hotel includes the H-4COP Hotel Liquor license with an estimated value of $ 600,000 to a qualified buyer. 15 Min from Disney world, Epcot Center and Universal Studios.

FOR SALE DETAILS

PRICE

$6,490,000 USD

PRICE/SF

$100 USD /SF

# OF ROOMS

152

PRICE/ROOM

$42,697 {currency}

CAP RATE

9.36%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunset Palm Hotel

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1973

PARKING SPACES

160

LAND DETAILS

LAND ACRES

5.5 AC

LAND SF

239,580 SF

ZONING

C3

APN/PARCEL ID

27-26-07-000000-041140

ASK ABOUT THIS PROPERTY

Gabriela CaceresLondon FosterMore Info
954-773-3725

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Gabriela CaceresLondon FosterMore Info
954-773-3725

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