238 S Line Dr - Hospitality FOR SALE


Apopka, FL 32703
$11,000,000 USD
713-955-0012
238 S Line Dr, Apopka, FL for Sale
$11,000,000 USD
Hospitality - FOR SALE
1/17
null | Request Cap Rate

238 S Line Dr
Apopka, FL 32703


HIGHLIGHTS

  • Since 2022, the hotel has consistently generated strong rooms revenue, averaging over $2,970,000 (rounded).
  • The hotel’s rooms revenue for the trailing-twelve-month (TTM) period through August 2025 equated to $2,890,000 (rounded), leading to a $103 RevPAR.
  • Over the past 3 years, the hotel achieved an average NOI flow-through of $1,130,000 (rounded) annually, demonstrating operational stability.
  • Based on the pricing guidance and the hotel’s TTM June 2025 financial statement, the deal underwrites to an attractive 3.7x RRM and 8.2% cap rate.
  • From July 2019 to May 2020, the property underwent an extensive, property-wide renovation, per the brand’s "Formula Blue" design scheme.
  • InterContinental Hotels Group (IHG) has confirmed that it will grant a new, long-term franchise agreement of 15 years.

OVERVIEW

For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=148370 HVS Brokerage & Advisory, in cooperation with Eric Vincent Guerrero, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 77-key Holiday Inn Express & Suites Orlando-Apopka, a well-performing, limited-service hotel in a strong submarket of Orlando, Florida.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$173 USD /SF

# OF ROOMS

77

PRICE/ROOM

$142,857 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Orlando Apopka

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2009

PARKING SPACES

89

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

PUD

APN/PARCEL ID

12-21-28-0165-00-001

ASK ABOUT THIS PROPERTY

713-955-0012

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713-955-0012

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