4651 W Irlo Bronson Memorial Highway, Kissimmee, FL 34746

$6,000,000
26,269
SqFt

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List Price
$6,000,000
Status
Active
Days on Market
422
MLS#
O6314349
Property Style
Hotel/Motel
Year Built
1980
Living Area
26,269
Lot Size
84,158
Acres
1.93
Total Acreage
1 to less than 2
Legal Subdivision Name
Acreage & Unrec
MLS Area Major
Kissimmee (West of Town)

Property Description

This 57-room (including manager's living quarters) property that sits on almost 2 acres of land is located on a nice area of the US192, which is the heart of the original commercial tourist district in metropolitan Orlando. Its proximity to the Orlando International Airport (MCO) and various theme parks makes it very attractive and yet, the beaches of the Atlantic Coast is only a little over an hour away when heading East on US192 to Melbourne. The owner has just finished the renovations and is willing to sell it at an attractive price for a quick sale. Due to its great location and decent physical conditions, it had revenue almost doubling that of the nearby rival lodging facilities even before the recent renovations. The delightful swimming pool is located right in the center courtyard which creates a fun atmosphere for all hotel guests the moment they arrive. A new owner with savvy online marketing skills can greatly enhance the revenue even further due to the larger number of rooms as compared to those nearby mostly 40-room motels. With its great past written financial track records, an experienced hotel operator may easily obtain a good loan for the purchase. It may be possible to build additional 16 guestrooms on site. County approval will be required.

Additional Information

Taxes Annual
$71812
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
OCT
Utilities
Public
Air Conditioning
Mini-Split Unit(s)
Exterior Construction
Concrete
Foundation
Block, Slab
Pool
No Pool
Garage Features
Ground Level, Over 30 Spaces
Flood Zone Code
X
Parcel ID
13-25-28-0000-0258-0000
Legal Description
FROM NE COR OF NW 1/4 RUN S 1045.7 FT TO POB CONT S 238.47 FT, SWLY 351.74 FT TO E R/W US 192, NWLY ALONG R/W 215 FT, NELY 454.9 FT TO POB AKA RECORD MOTEL

Listing courtesy of INVESTORSALLY, LLC.. 786-315-9889

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