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335 Room BANK OWNED REO with owner financing!
3835 McCoy Road, Orlando, FL 32812
$7,995,000
335
198,000 SF
$23,865.67
Hotel & Motel
Full Service
Investment
Yes
$89
3
1971
Yes
-
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Last Verified 1/23/2012
Listing ID 16286798
Highlights
Only Hotel in the market with convention & Meeting room facilities
Nightclub with stage & full liqour
Full Service Kitchen & resturaunt
Description
We are proud to present our new EXCLUSIVE LISTING. The Florida International Hotel. The property consists of 335 Rooms at the entrance to the the Orlando International airport and within 6 miles to the Lake Nona Medical complex. This is the one and only hotel facility in the surrounding market to offer 9,000 sqft of meeting facilities on site. The property is currently vacated and needs approximately $6+ million in rehab to to brought back to Flag standards. The property has a full service resturaunt and banquet facility as well as a niteclub with full liqour capabilities. Broker has a complete package and PIP sheet from major Flag on the property for your review.
UP-Date as of 4/1/11: We have approval from 3 Major Hotel Franchises that have issuesd PIP sheets for this property. In addition, we have direct contact with a well known local contractor that has completed estimates for the renovation of this asset in various phases. Contact listing broker for all details.
The Lender Owner has authorized us to announce the following financing terms for this Asset: 25% down payment / 1 year free interest and 1 year deferred payments.The lender is open to offering finacing for this facility to EXPEIRENCED and QUALIFIED buyers. Bank is open to all cash offers at a discount to listing price.
Map of 3835 McCoy Road, Orlando, FL 32812 (Orange County)
Created 6/19/2009
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Additional Information for 3835 Mccoy Road, Orlando, FL 32812
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-S