OFFERING OVERVIEW: DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Quality Inn & Suites Kissimmee by the Lake, a Choice Hotel, located in Kissimmee, Florida. The 179-room exterior corridor hotel is located directly off of Highway 192 / W. Irlo Bronson Highway (58,000 AADT) with high visibility. This premier location is close to many of Orlando-Kissimmee-Sanford MSA’s major demand generators, ideally situated with convenient access to the city’s renowned theme parks and attractions within the Walt Disney World Resort. Disney’s Animal Kingdom is a short 2.7 miles from the property, the popular Blizzard Beach water park is located just 4.5 miles away, and Disney’s Hollywood Studios is 6.5 miles from the subject property, providing straightforward access to Orlando’s world-famous attractions and entertainment. Walt Disney World is approximately 9.5 miles away, featuring Magic Kingdom (8.3 miles from subject property), while SeaWorld Orlando, Disney’s Hollywood Studios, and Universal Studios (including the highly anticipated Epic Universe) are all within 20 miles. The $1 billion Epic Universe, featuring five immersive fantasy-themed worlds, is expected to open by summer 2025, attracting millions of visitors annually presenting an opportunity to significantly increase hotel demand in the area. PROPERTY OVERVIEW: The subject property was opened in 1984 and appears to be in good condition. Since acquiring the property in 2016, current ownership is estimated to have spent approximately $2,700,000+/- in renovations to meet brand standards. Recent renovations between 2023-2024 are estimated to total approximately $143,000+/-, and include new AC units, new guest room locks, new security cameras and new carpet. Additionally, ownership has ordered a new building sign featuring the updated logo; installation is pending scheduling by vendor. Ownership recently had a Quality Assurance Review Summary Report completed 08/14/2024 with an overall score of 87.9%. Due to an ongoing capital improvement plan since acquiring the subject property, current ownership has noted the change of ownership PIP would be approximately $100,000+/-; however, that is only an estimate and would need to be verified by Choice Hotels via an issued change of ownership PIP. MARKET OVERVIEW: Located in the highly sought-after market of Kissimmee, Florida, the property benefits from its proximity to an extensive and diverse range of demand generators. Its prime location attracts year-round leisure travelers, including tourists visiting world-renowned attractions such as Walt Disney World, Magic Kingdom, Universal Studios, and other family destinations. Additionally, the property caters to business travelers attending events at the Orange County Convention Center, as well as international travelers, healthcare professionals, travel nurses, construction workers, snowbirds, and University of Central Florida students and their families. Group business opportunities are also present, which can include sports teams, family reunions, and wedding parties. This offering presents a unique opportunity for investors to acquire an established cash-flowing Quality Inn & Suites in the Orlando-Kissimmee-Sanford MSA—one of the largest and most vibrant tourist markets in the world. NEARBY DEMAND GENERATORS: Disney’s Animal Kingdom Theme Park 2.7 Miles Disney’s Blizzard Beach Water Park: 4.5 Miles Disney’s Hollywood Studios: 6.5 Miles Disney’s Magic Kingdom: 8.3 Miles Walt Disney World Theme Parks 9.5 Miles Sea World Orlando 11.7 Miles Property Highlights: Quality Inn & Suites Kissimmee by the Lake, A Choice Hotel 179-Rooms / 3 Stories / Exterior Corridor Year Built - 1984 Concrete Block Construction* $2.7M+/- in Renovations (2016-Present) Absentee Ownership (Potential to reduce costs and improve NOI) Amenities Include: Business Center, Outdoor Pool, Sun Deck, Elevator, Guest Laundry Facilities * Per Property Appraiser report Location Highlights: 2.7 Miles to Disney’s Animal Kingdom 4.5 Miles to Disney’s Blizzard Beach Water Park 6.5 Miles to Disney’s Hollywood Studios 8.3 Miles to Disney’s Magic Kingdom 9.5 Miles to Walt Disney World Parks 11.7 Miles to SeaWorld Orlando 13.7 Miles to Orange County Convention Center 16.0 Miles to Fun Spot Kissimmee 16.8 Miles to Universal Studios 22.5 Miles to Downtown Orlando 31.5 Miles to Legoland Florida Financial Highlights: List Price of $13,400,000 T12 July 2024 Room Revenue - $3,795,310 Room Revenue T12 July 2024 Project RRM - 3.56x Project RRM T12 July 2024 Project Cap Rate - 6.60% Cap Rate Year 1 Projected Room Revenue - $4,024,636 Room Revenue Year 1 Projected Project RRM- 3.35x RRM Year 1 Projected Project Cap Rate - 8.98% Cap Rate