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1125 Grand Traverse Pky 11,110 SF Specialty Building Offered at $6,924,543 CAD at a 4% Cap Rate in Kissimmee, FL 34747
EXECUTIVE SUMMARY
1125 Grand Traverse Parkway is offered fully furnished and is currently in a turnkey rental program with nightly rates ranging between $1,000 and $2,000 per night with a 27-person capacity.
Located in the award winning Reunion Resort on the 6th hole of the Jack Nicklaus designed Tradition golf course and is managed by Reunion Resort Rental Management. Boasting $800,000 in upgrades in 2023. Featuring a casino room, arcade room, luxurious theater, gourmet kitchen, Jurassic Park and Disney themed rooms, fitness area, private spa, sauna and resort style outdoor area & more.
Use for your own personal use anytime. 1031 Exchange Eligible.
Opportunity/potential to increase occupancy and hence the cap rate.
Situated a few miles from sought-after attractions like Disney World, Universal Orlando, SeaWorld and famous golf courses as well as many other amenities, entertainment and shopping areas.Easily accessible via main roads and nearby Orlando International Airport.
Here is a link to the full photos, video, virtual 3D-tour and description :-
https://cprlistings.com/property/1125-grand-traverse-parkway/
Floor plans as well as financial projections available.
Located in the award winning Reunion Resort on the 6th hole of the Jack Nicklaus designed Tradition golf course and is managed by Reunion Resort Rental Management. Boasting $800,000 in upgrades in 2023. Featuring a casino room, arcade room, luxurious theater, gourmet kitchen, Jurassic Park and Disney themed rooms, fitness area, private spa, sauna and resort style outdoor area & more.
Use for your own personal use anytime. 1031 Exchange Eligible.
Opportunity/potential to increase occupancy and hence the cap rate.
Situated a few miles from sought-after attractions like Disney World, Universal Orlando, SeaWorld and famous golf courses as well as many other amenities, entertainment and shopping areas.Easily accessible via main roads and nearby Orlando International Airport.
Here is a link to the full photos, video, virtual 3D-tour and description :-
https://cprlistings.com/property/1125-grand-traverse-parkway/
Floor plans as well as financial projections available.
PROPERTY FACTS
| Price | $6,924,543 CAD | Building Class | B |
| Price Per SF | $623.27 CAD | Lot Size | 0.27 AC |
| Sale Type | Investment or Owner User | Building Size | 11,110 SF |
| Cap Rate | 4% | No. Stories | 2 |
| Property Type | Specialty | Year Built/Renovated | 2017/2022 |
| Property Subtype | Residential Income | Parking Ratio | 0.72/1,000 SF |
| Zoning | OPUD - Use as a residential property or investment property - both long term leases and short term rentals allowed. | ||
| Price | $6,924,543 CAD |
| Price Per SF | $623.27 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 4% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Lot Size | 0.27 AC |
| Building Size | 11,110 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2017/2022 |
| Parking Ratio | 0.72/1,000 SF |
| Zoning | OPUD - Use as a residential property or investment property - both long term leases and short term rentals allowed. |
AMENITIES
- Property Manager on Site
- Lounge
- Air Conditioning
- Smoke Detector
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1125 Grand Traverse Pky
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