This offering includes a 49-Rm motel located on 3.37-acres MOL. Motel offering 200 feet of roadway frontage on Irlo Bronson Memorial Hwy.
The Property is in the heart of the W. Irlo Bronson Memorial Highway submarket and within 10 minutes of Disney attractions, less than 30 minutes from both the Orlando International Airport and The City of Orlando, and one hour fifteen minutes from Tampa.
Property Overview:
• 3.37-Acres MOL
• 48-Rooms/17,,928 SF/2-Stories
• Plus 2-Bdrm Apartment
• Year Built: 1984
2023 Financials
• $594,324 Gross Revenue
• $301,326 NOI
Additional 2-Acres MOL: There is additional acreage located in the rear that may be used for future development.
Zoning: OCT (Commercial Tourist – 40/80 du/acre) Contact Osceola County Planning - 407-742-0200
Permitted Uses: Multi-Family, Mixed- Use, Hospitality, Commercial, Medical, Healthcare (See Page 6)
Proposed developments:
• Apartments/Condo’s/Mixed-Use
• Hotel/Condo-Hotel/Retail/Restaurant
Price: Seller is open to all reasonable offers
Seller Financing: Seller Financing is offered to Qualified Purchaser. Minimal DP is 30%. Rate/Terms TBD.