5995 W Irlo Bronson Memorial Hwy - Hospitality FOR SALE


Kissimmee, FL 34747
$32,000,000 USD
407-342-8866
5995 W Irlo Bronson Memorial Hwy, Kissimmee, FL for Sale
$32,000,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

5995 W Irlo Bronson Memorial Hwy
Kissimmee, FL 34747


OVERVIEW

Presenting a unique opportunity to acquire the 200-room Ascend Hotel, which is currently undergoing a complete renovation as it transitions to become part of the Choice Hotels Collection. This property is strategically located just minutes from Disney, making it an ideal investment for developers or investors looking to tap into the thriving hospitality market in this sought-after area. Current Status: The Ascend Hotel is presently closed and not yet open to guests. The ongoing renovations are designed to revitalize the property and enhance the overall guest experience. Planned updates include modernized guest rooms, upgraded facilities, and stylish common areas, all aimed at creating a welcoming atmosphere for future visitors. Prime Location: Strategically positioned only minutes from Disney, this hotel offers unparalleled access to one of the world's most popular tourist destinations. The location provides significant potential for occupancy and revenue as it caters to families, couples, and travelers seeking proximity to the magical attractions of Disney. Renovation Plans: The comprehensive renovation will include: Upgraded accommodations featuring modern furnishings and state-of-the-art amenities. Enhanced on-site dining options to appeal to various guest preferences. Improved common areas designed for relaxation and social interaction. Investment Potential: With the significant ongoing renovations, the property is primed for a successful rebranding upon completion. Its strategic location and planned upgrades make the Ascend Hotel an attractive investment opportunity for those looking to enter or expand their presence in the hospitality sector. Conclusion: The Ascend Hotel is being offered for sale at a pivotal moment, as it prepares to become an appealing destination for travelers just minutes from Disney. This property offers investors an exciting chance to capitalize on the future of this hotel as it transitions into a modern hospitality experience. Contact us today for more details and to explore this exceptional opportunity! Photos are all renderings of projected renovations.

FOR SALE DETAILS

PRICE

$32,000,000 USD

PRICE/SF

$343 USD /SF

# OF ROOMS

200

PRICE/ROOM

$160,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ascend Collection Kissimmee

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1984

PARKING SPACES

174

LAND DETAILS

LAND ACRES

7 AC

LAND SF

304,920 SF

ZONING

OTSC

APN/PARCEL ID

04-25-28-0000-0030-0000

ASK ABOUT THIS PROPERTY

Max CawalThe Agency OrlandoMore Info
407-342-8866

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Max CawalThe Agency OrlandoMore Info
407-342-8866

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