2050 E Irlo Bronson Memorial Hwy - Hospitality FOR SALE


Kissimmee, FL 34744- NeoCity
$6,000,000 USD
321-217-0032
2050 E Irlo Bronson Memorial Hwy, Kissimmee, FL for Sale
$6,000,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

2050 E Irlo Bronson Memorial Hwy
Kissimmee, FL 34744
NeoCity


OVERVIEW

There are approximately 152 units we are offering 123 of the units. The price per key is $48k but appraised last year at $105k. We hold a controlling stake in the votes of the Association which would allow the buyer to terminate the Association and compel the sell of the few remaining units we do not own, have right of first refusal over or control over. The Heritage Park Inn is a unique dual license (condo/hotel) property that consist of 152 units. This property is strategically located on E-192 in the community redevelopment area next to Neo City.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$79 USD /SF

# OF ROOMS

152

PRICE/ROOM

$39,474 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heritage Park Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

2016

PARKING SPACES

213

LAND DETAILS

LAND ACRES

5.77 AC

LAND SF

251,341 SF

ZONING

-

APN/PARCEL ID

24-25-29-2561-0001-1060,24-25-29-2561-0001-1080,24-25-29-2561-0001-2240,24-25-29-2561-0001-2250

ASK ABOUT THIS PROPERTY

Eric FrommerACS LLCMore Info
321-217-0032

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Eric FrommerACS LLCMore Info
321-217-0032

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