DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Red Roof Inn Orlando South - Florida Mall, located in Orlando, Florida. The two-story, 74-room, hotel is located directly off of Orange Blossom Trail (AADT 56,000) just one mile from the Florida Mall and adjacent to Sand Lake Road with easy access to both I-4 and Route 528. This prime location is situated near a variety of Orlando’s attractions and demand generators featuring Orlando’s infamous theme parks, including Universal’s highly anticipated Epic Universe, which will consist of 5 immersive and fantasy-themed worlds. The reported $1B theme park is expected to open by summer of 2025 (orlandoinformer.com), and it is forecasted that the park will employ 14,000 workers when in operation, and is expected to attract millions of visitors annually, greatly driving
additional hotel demand to the immediate surrounding hotels. The entrance to Epic Universe is approximately 4.6 miles from the subject property, which positions the subject property for significant growth in the years ahead.
PROPERTY CONDITION:
The Red Roof Inn Orlando South - Florida Mall, was built in 1990 with concrete block/stucco construction and remains in excellent condition. The subject property sits on approximately 1.27 +/- acres on South Orange Blossom Trail. The property has recently undergone a $130,000+/- renovation to include the following items:
New Pool Resurfacing New Floors in 25 Guest Baths Lobby Renovation
New Exterior Lighting Sidewalk Maintenance and Stain/Seal Reseal Parking Lot
New Surveillance System Upgraded Sprinkler System Landscaping
MARKET OVERVIEW:
The property located in Orlando, Florida, is situated near multiple diverse demand generators and in a high growth market. Guest types may include leisure and business travelers, tourists visiting the Walt Disney and Universal theme parks, healthcare professionals, travel nurses, construction workers, snowbirds, Full Sail and University of Florida students and their families, Daytona 500 race fans as well as group business which can include sports teams, family reunions, wedding parties and more. This offering presents a unique opportunity for an investor to acquire an established Red Roof Inn in the Orlando-Kissimmee-Sanford MSA - Home to One of the Largest Tourist Markets in the World and located approximately 1 mile from the new, highly anticipated 110-acre Epic Universe theme park.
NEARBY DEMAND GENERATORS:
Epic Universe 4.6 Miles Discovery Cove 6.4 Miles
Icon Park 5.0 Miles Sea World Orlando 6.5 Miles
Aquatica 5.7 Miles Universal Studios 7.2 Miles
Property Highlights:
• Red Roof Inn Orlando South - Florida Mall
• 74-Rooms / 2 Stories / Exterior Corridor
• 1990 Concrete Construction
• Located in a High Growth Market Near World Renowned Attractions
• Amenities Include: Outdoor Pool, Business Center
Location Highlights:
• Surrounded by Multiple Diverse Demand Generators
• 1.0 Mile to The Florida Mall
• 4.4 Miles to UCF Rosen School of Hospitality
• 4.6 Miles to Universal’s Epic Universe (Coming Summer 2025)
• 5.0 Miles to Icon Park
• 5.5 Miles to Orlando International Premium Outlets
• 5.7 Miles to Aquatica
• 5.7 Miles to Orange County Convention Center
• 6.4 Miles to Discovery Cove
• 6.5 Miles to Sea World Orlando
• 7.1 Miles to the Amway Center
• 7.6 Miles to Exploria Stadium
• 7.7 Miles to Downtown Orlando
• 7.7 Miles to Dr. Phillips Center for Performing Arts
• 8.7 Miles to Orlando International Airport
• Close Proximity to All Major Walt Disney World Theme Parks
• Located in the Orlando-Kissimmee-Sanford MSA - Home to One of the Largest Tourist Markets in the World
Financial Highlights:
• List Price of $6,450,000
• YE 2024 NOI / Cap Rate: $596,447 NOI / 9.25% Cap Rate
• YE 2024 Room Revenue / RRM: 1,493,538 Room Revenue / 4.32x RRM
• 3/yr Room Revenue Avg of $1,609,764
• YE 2024 ADR/RevPAR/OCC: $62.00 ADR / $55.18 RevPAR / 89.00% OCC