Price reduced! Motivated seller!
The Hotel Bel-Air is a smaller property in a great location perfectly suited for an owner operator – either a first-time owner/start up or for someone that would like to set up a family member in the business.
The property is located on Orange Blossom Trail in Orlando, which is a busy road with high traffic counts. It is also located in close proximity to Florida Mall and a number of good restaurants. It is near the Central Park Orlando Business District.
Property Facts:
· 34 Rooms – 2 Stories- Exterior Corridor
· Concrete Block Construction – Built in 1986
· Recent renovations of $500k including Roof, Guest Laundry, Guestroom Locks, LVT Flooring, Plumbing and Signage. All case good and beds replaced in 2024.
· Absentee Ownership – Opportunity for a new owner- operator to reduce overheads and improve NOI.
Property Location:
· 1 Mile from Florida Mall
· 6.5 mi to Convention Center
· 5.4 mi to Universal City Walk & Theme Parks
· 5.9 mi to Amway Arena & Stadiums in Downtown Orlando
· 8 miles to MCO Airport
· 4 mi to Intl Premium Outlets
· 14 mi to Disney Springs
· 46mi to Legoland
· 1 hour drive to Beaches