5900 American Way - Hospitality FOR SALE


Orlando, FL 32819
$8,350,000 USD
407-797-1000
5900 American Way, Orlando, FL for Sale
$8,350,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

5900 American Way
Orlando, FL 32819


HIGHLIGHTS

  • Excellent Location. Walking Distance To Universal Studios

OVERVIEW

MOTIVATED SELLER - TAKING OFFERS. The Super 8 is a 2-story, exterior corridor hotel. This property is constructed out of block and concrete. All 109-guest rooms were renovated in 2012-2013 and was awarded the “Best Improved Property8 of the Year” by Wyndham Hotels Group. However, the current condition of the property shows that it will require some level of renovation to bring it to current brand standards. The current owner is in the process of installing a new roof. The hotel consists of 109-guest rooms on two floors. All 109-guest rooms are designated no smoking. The property also offers handicap rooms for the physically challenged guests. All guest rooms are tastefully decorated with the Wyndham Innov8te Package and include the following items: 40” LED flat screen TV, granite vanity top, micro/fridges, hairdryer, in-room safe, iron with ironing board and a coffee maker. The hotel offers free parking, free wireless internet, and complimentary shuttle to Walt Disney World, Universal Studios and Sea World. The Super 8 is near the Universal Studios and Sea World theme parks. Each morning, guests can start the day with a visit to the complimentary continental breakfast bar. Complimentary coffee and tea are available in the lobby 24-hours each day (Currently not offered). While there is no restaurant on the premises, there are many of restaurants in the surrounding area and some are in within walking distance. This property has an excellent location and is situated right off the world-famous International Drive with local attractions, shopping, and dining. The surrounding area of the hotel includes excellent restaurants including but not limited to Black Angus Steak House, Buffalo Wild Wings, Denny’s, IHOP, Korean BBQ, Texas De Brazil, Kobe Japanese Steakhouse and Sushi Bar. The famous The Mall at Millennia is only 3-miles from the hotel and the Orlando International Premium Outlets is just few minutes ride on the I-Ride Trolley service in which is within a close walking distance for connecting shopping, dining, and entertainment throughout the I-Drive corridor. The Super 8 is located within minutes from Universal Studios on one side and the soon to open Universal’s Epic Universe on the other. The Orange County Convention Center and Sea World are just 5-Miles away. The Walt Disney World Resort is only 10-miles from the hotel and can be easily accessed from Interstate I-4 (which links Interstate-95 in Daytona Beach on the east coast of Florida to Interstate-75 at Tampa Bay on the west coast of Florida). The Orlando International Airport (MCO) is just 20 miles from the hotel.

FOR SALE DETAILS

PRICE

$8,350,000 USD

PRICE/SF

$186 USD /SF

# OF ROOMS

109

PRICE/ROOM

$76,606 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 Orlando International Drive

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1984

PARKING SPACES

105

LAND DETAILS

LAND ACRES

2.27 AC

LAND SF

98,881 SF

ZONING

AC3/SP, Orlando

APN/PARCEL ID

25-2328-5405-04-010

ASK ABOUT THIS PROPERTY

Kiran PatelFlorida Executive Commercial Brokers, Inc.More Info
407-797-1000

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Kiran PatelFlorida Executive Commercial Brokers, Inc.More Info
407-797-1000

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