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.