4985 W Irlo Bronson Memorial Hwy - Hospitality FOR SALE


Kissimmee, FL 34746- North Kissimmee
$12,000,000 USD
813-391-1545
4985 W Irlo Bronson Memorial Hwy, Kissimmee, FL for Sale
$12,000,000 USD
Hospitality - FOR SALE
1/28
null | Request Cap Rate

4985 W Irlo Bronson Memorial Hwy
Kissimmee, FL 34746
North Kissimmee


HIGHLIGHTS

  • LONG-TERM SELLER FINANCING OFFERED!

OVERVIEW

Located on Hwy 192 (Irlo Bronson Memorial Hwy), just 3 miles from Disney World and right in the middle of major commerce and hospitality, this property offers: • 3.5-Acres MOL • 150-Rooms (136 Studios & 14 One Bedroom Units) • Unit Size: Studios 323 SF, One Bedroom 646 SF • Four Buildings/2-Stories/56,894 SF/Exterior Corridor • Built: 1985 • Outdoor Heated Pool & Hot Tub • Fitness Center • Kitchen/Cafeteria • Parking: 164 Spaces The motel business did experience a downturn in business as a direct result of Covid-19. Since this time the business has improved 20% every year and is on a trajectory for another 20% increase in 2025. Reason for Sale: The owner is busy and does not have time to manage this hotel. Asking Price: $12,000,000 OBO Seller Financing: Seller financing is offered to qualified purchasers. Interest rate and terms are TBD. Qualified Purchaser: Must be an experienced hotel/motel operator and must have POF’s available that indicates the prospective purchase has 50% of the purchase price liquid capital available.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$150 USD /SF

# OF ROOMS

137

PRICE/ROOM

$87,591 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

150-Rm Hotel - SELLER FINANCING OFFERED!

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1985

PARKING SPACES

168

LAND DETAILS

LAND ACRES

3.49 AC

LAND SF

152,024 SF

ZONING

OPD

APN/PARCEL ID

02-25-28-3703-0001-0100

ASK ABOUT THIS PROPERTY

Benny SpensieriCRES Corp International, LLCMore Info
813-391-1545

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Benny SpensieriCRES Corp International, LLCMore Info
813-391-1545

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