321 S Lake Cortez Dr - Hospitality FOR SALE
Apopka, FL 32703 |
321 S Lake Cortez Dr
Apopka, FL 32703
HIGHLIGHTS
- Since 2022, the hotel has consistently generated strong rooms revenue, averaging over $3,060,000 (rounded).
- The hotel’s rooms revenue for the trailing-twelve-month (TTM) period through August 2025 equated to $2,700,000 (rounded), leading to a $91 RevPAR.
- Demand in the Orlando North submarket for the TTM period through August 2025 increased by 4.8%, compared to the same period last year.
- Based on the pricing guidance and the hotel’s TTM June 2025 financial statement, the deal underwrites to an attractive 3.5x RRM, and 8.9% cap rate.
- The adjacent 77-key Holiday Inn Express & Suites is also available for sale, creating a potential portfolio opportunity.
- From Dec 2018–Nov 2019, the property underwent an extensive, property-wide renovation; moreover, the case goods were updated in early 2024.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Hampton Inn & Suites Orlando-Apopka
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
49739
STORIES
5
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2009
PARKING SPACES
95
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
PUD
APN/PARCEL ID
12-2128-0165-01-000
