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49-RM MOTEL FOR SALE! SELLER FINANCING!!! 4700 W Irlo Bronson Memorial Hwy 48 Room Hotel Kissimmee, FL 34746 $3,876,600 CAD ($80,763 CAD/Room) 10% Cap Rate
INVESTMENT HIGHLIGHTS
- 48-Rm Motel
- 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
2023 Financials
• $594,324 Gross Revenue
• $301,326 NOI
Additional 2-Acres MOL: There is additional acreage located in the rear that may be used for future development.
Zoning: OCT (Commercial Tourist – 40/80 du/acre) Contact Osceola County Planning - 407-742-0200
Permitted Uses: Multi-Family, Mixed- Use, Hospitality, Commercial, Medical, Healthcare (See Page 6)
Proposed developments:
• Apartments/Condo’s/Mixed-Use
• Hotel/Condo-Hotel/Retail/Restaurant
Price: Seller is open to all reasonable offers
Seller Financing: Seller Financing is offered to Qualified Purchaser. Minimal DP is 30%. Rate/Terms TBD.
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
2023 Financials
• $594,324 Gross Revenue
• $301,326 NOI
Additional 2-Acres MOL: There is additional acreage located in the rear that may be used for future development.
Zoning: OCT (Commercial Tourist – 40/80 du/acre) Contact Osceola County Planning - 407-742-0200
Permitted Uses: Multi-Family, Mixed- Use, Hospitality, Commercial, Medical, Healthcare (See Page 6)
Proposed developments:
• Apartments/Condo’s/Mixed-Use
• Hotel/Condo-Hotel/Retail/Restaurant
Price: Seller is open to all reasonable offers
Seller Financing: Seller Financing is offered to Qualified Purchaser. Minimal DP is 30%. Rate/Terms TBD.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,876,600 CAD | Lot Size | 3.37 AC |
| Price Per Room | $80,763 CAD | Building Size | 22,068 SF |
| Sale Type | Investment | No. Rooms | 48 |
| Cap Rate | 10% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1986 |
| Property Subtype | Hotel | Parking Ratio | 2.81/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | OCT, Kissimmee - Permitted Uses: Multi-Family, Mixed- Use, Hospitality, Commercial, Medical, Healthcare | ||
| Price | $3,876,600 CAD |
| Price Per Room | $80,763 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 | $127.37 CAD | - |
| Guest Room | 38 | $89.99 CAD | - |
PROPERTY TAXES
| Parcel Number | 12-25-28-0000-0450-0000 | Improvements Assessment | $610,437 CAD (2024) |
| Land Assessment | $2,173,544 CAD (2024) | Total Assessment | $2,783,980 CAD (2024) |
PROPERTY TAXES
Parcel Number
12-25-28-0000-0450-0000
Land Assessment
$2,173,544 CAD (2024)
Improvements Assessment
$610,437 CAD (2024)
Total Assessment
$2,783,980 CAD (2024)
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49-RM MOTEL FOR SALE! SELLER FINANCING!!! | 4700 W Irlo Bronson Memorial Hwy
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