7675 W Irlo Bronson Memorial Hwy - Hospitality FOR SALE


Kissimmee, FL 34747
$16,000,000 USD
407-815-5590
7675 W Irlo Bronson Memorial Hwy, Kissimmee, FL for Sale
$16,000,000 USD
Hospitality - FOR SALE
1/32
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7675 W Irlo Bronson Memorial Hwy
Kissimmee, FL 34747


HIGHLIGHTS

  • Excellent location -minutes from the Walt Disney World Theme Parks
  • Interior Corridor -5 Story Hotel - with Restaurant and Bar
  • Newly Remodeled in 2024 -with $1.2MM spent in upgrades

OVERVIEW

INVESTMENT HIGHLIGHTS - PRICE JUST REDUCED !! ONLY $81K PER UNIT - JUST RENOVATED HIGHLY VISIBLE LOCATION IN THE ORLANDO/KISSIMMEE MARKET The property is located on the West Hwy 192 corridor – one of the busiest tourist throughways in the Walt Disney World resort areas. It is only minutes from all the theme parks and attractions that are world renowned. ONE OF THE NATION’S TOP TOURIST DESTINATIONS – ORLANDO/KISSIMMEE Orlando is recognized as one of the nation's foremost vacation destinations, anchored by the formidable Walt Disney World Resort, Universal and SeaWorld attractions and theme parks. In addition, there are golf courses and beaches that attract tourists to Central Florida. This property is in the city of Kissimmee, the county of Osceola, and the state of Florida. CENTRAL FLORIDA – GROWING DIVERSIFIED ECONOMY Orlando is also the major center for commerce in the Central Florida region. The Central Florida Research Park, totaling more than 1,000 acres, is ranked as one of the top ten research parks in the nation and is home to over 125 companies. Moreover, the University of Central Florida (UCF) is the second-largest university in the nation, with more than 60,000 students. Orlando's economic climate is characterized by tourism, healthcare services and research, financial services, and educational institutions. The Orange County Convention Center (OCCC) is a vital component of the economic health of Orlando’s hotel market. The Orange County Convention Center provides approximately $3 billion in economic impact to Central Florida annually. In recent years, the Convention Center has averaged nearly 200 events, including 115 conventions and tradeshows that attract more than 1.5 million attendees to the region each year. This center is the second largest in contiguous space in the United States, with over 2.5 million gross square feet. Positioned eleven miles southwest of Downtown Orlando, the center is located on International Drive. RECENTLY RENOVATED ASSET AT A SIGNIFICANT DISCOUNT TO REPLACEMENT COST The asset has received significant improvements recently in 2024 with over $1.2MM spent on recent updates and renovations. UNENCUMBERED BY MANAGEMENT The property is offered unencumbered by existing management. The ability to place new management as well as the property’s location in the heart of the Disney Attractions area makes the opportunity extremely attractive to lodging owners and operators.

FOR SALE DETAILS

PRICE

$16,000,000 USD

PRICE/SF

$139 USD /SF

# OF ROOMS

197

PRICE/ROOM

$81,218 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1983

PARKING SPACES

238

LAND DETAILS

LAND ACRES

4.6 AC

LAND SF

200,376 SF

ZONING

OAC, TSC, County

APN/PARCEL ID

03-25-27-0000-0084-0000

ASK ABOUT THIS PROPERTY

Anup ShahAHG Brokerage, LLCMore Info
407-815-5590

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Anup ShahAHG Brokerage, LLCMore Info
407-815-5590

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