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49-RM MOTEL - LONG-TERM SELLER FINANCING!!! 4700 W Irlo Bronson Memorial Hwy 48 Room Hotel Kissimmee, FL 34746 $3,797,080 CAD ($79,106 CAD/Room) 10% Cap Rate

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Investment Highlights

  • 48-Rm Motel
  • Long-Term Seller Financing Offered to Qualified Purchaser
  • Plus 2 Bedroom Apartment

Executive Summary

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
Price: $2.8M OBO
Financing: Seller is offering Seller Financing to a qualified purchaser. Interest rate and terms are TBD but may include:
• 50% down payment
• 5%-6% Interest Only rate
• 8-10 Year Balloon

Property Facts

Price $3,797,080 CAD
Price Per Room $79,106 CAD
Sale Type Investment
Cap Rate 10%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.37 AC
Building Size 22,068 SF
No. Rooms 48
No. Stories 2
Year Built 1986
Parking Ratio 2.81/1,000 SF
Corridor Exterior
Zoning OCT, Kissimmee - Permitted Uses: Multi-Family, Mixed- Use, Hospitality, Commercial, Medical, Healthcare

Amenities

  • Balcony
  • Business Center

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 10 $124.76 CAD -
Guest Room 38 $88.15 CAD -

Property Taxes

Property Taxes

Parcel Number
12-25-28-0000-0450-0000
Land Assessment
$868,311 CAD
Improvements Assessment
$599,396 CAD
Total Assessment
$1,467,707 CAD
  • Listing ID: 32765027

  • Date on Market: 2024-08-11

  • Last Updated:

  • Address: 4700 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34746

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