4651 W IRLO BRONSON MEMORIAL HWY, KISSIMMEE, FL, 34746
$6,000,000
Commercial Sale
Living Area
26,269 Sqft
Lot Size
84,158 Sqft
This 57-room (including manager's living quarters) property that sits on almost 2 acres of land is located on a nice area of the US192, which is the heart of the original commercial tourist district in metropolitan Orlando. Its proximity to the Orlando International Airport (MCO) and various theme parks makes it very attractive and yet, the beaches of the Atlantic Coast is only a little over an hour away when heading East on US192 to Melbourne. The owner has just finished the renovations and is willing to sell it at an attractive price for a quick sale. Due to its great location and decent physical conditions, it had revenue almost doubling that of the nearby rival lodging facilities even before the recent renovations. The delightful swimming pool is located right in the center courtyard which creates a fun atmosphere for all hotel guests the moment they arrive. A new owner with savvy online marketing skills can greatly enhance the revenue even further due to the larger number of rooms as compared to those nearby mostly 40-room motels. With its great past written financial track records, an experienced hotel operator may easily obtain a good loan for the purchase. It may be possible to build additional 16 guestrooms on site. County approval will be required.
Property Details
Property Features Property Features
MLS ID: MFRO6314349 Year Built: 1980
Building Features: Bathrooms, Reception Construction Materials: Concrete
Cooling: Ductless Country: US
County Or Parish: Osceola Foundation Details: Block, Slab
Levels: Two Listing Agreement: Exclusive Right To Sell
Listing Terms: Conventional, Other Occupant Type: Owner
Parking Features: Ground Level, Over 30 Spaces Possession: Close Of Escrow
Property Sub Type: Hotel/Motel Property Type: Commercial Sale
Road Frontage Type: Business District, State Road Road Surface Type: Asphalt
Sewer: Public Sewer Showing Requirements: Call Listing Agent
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Public
Water Source: Public
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