5020 W Irlo Bronson Memorial - Hospitality FOR SALE


Kissimmee, FL 34746
$7,000,000 USD
813-391-1545
5020 W Irlo Bronson Memorial, Kissimmee, FL for Sale
$7,000,000 USD
Hospitality - FOR SALE
1/19
null | Request Cap Rate

5020 W Irlo Bronson Memorial
Kissimmee, FL 34746


HIGHLIGHTS

  • 106-Unit Motel on 5-Acres
  • Proposed 106-Unit Apartment Conversion OR
  • 400-Unit Multifamily/Mixed-Use Development

OVERVIEW

This offering includes a 108-Rm motel situated on 5-acres MOL, offering 330 feet of roadway frontage on Irlo Bronson Memorial Hwy. Owners have tentative plans to develop 384 Multifamily/Mixed-Use, as current zoning permits. Property includes: ·        5-Acres MOL ·        106-rm/2-Story/46,468 Htd SF ·        Year Built: 1981 Within proximity to the Property along the W. Irlo Bronson Memorial Highway Corridor is the Wyndham Vacation Resorts, Star Island Resort & Club, Legacy Vacation Resort, The Grand Orlando Resort at Celebration, Falcon’s Fire and Celebration Golf Courses, Advent Health Celebration, and Upscale Retail, Restaurants and Entertainment Venues. Zoning: OCT (Commercial Tourist – 40/80 du/acre) Permitted Uses: Multi-Family, Mixed- Use, Hospitality, Commercial, Medical, Healthcare Proposed developments: ·        Apartments/Condo’s/Mixed-Use ·        Nursing Home/Assisted Living/Memory Care/Independent Living ·        Medical Facility/Professional Office/Pharmacy ·        Hotel/Condo-Hotel/Retail/Restaurant

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$148 USD /SF

# OF ROOMS

106

PRICE/ROOM

$66,038 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

106-Unit Conversion Or 400-Unit Development

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1981

PARKING SPACES

111

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

OCT

APN/PARCEL ID

25-28-11-0000-0155-000.0

ASK ABOUT THIS PROPERTY

Benny SpensieriCRES Corp International, LLCMore Info
813-391-1545

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Benny SpensieriCRES Corp International, LLCMore Info
813-391-1545

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