Historical Hotel & Motel Sale Listing - Quality Suites Universal South

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Quality Suites Universal South

9350 Turkey Lake Road, Orlando, FL 32819

N/A

214 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
214
Building Size:
108,681 SF
Property Type:
Hotel & Motel
Property Sub-type:
Full Service
Property Use Type:
Investment
Cap Rate:
6.32%
Average Daily Rate:
$5,135
RevPAR:
$2,875
Lot Size:
192,907 SF
Listing ID
17228380
Last Updated
over 1 year ago

Description

Marcus & Millichap is pleased to present the Quality Suites Universal
South Hotel. This 214 room, exterior corridor hotel is in close proximity
to the Orange County Convention Center as well as numerous theme
parks and regional attractions. This property was built in 1990 and
remains in excellent condition.

All rooms come equipped with refrigerators, microwaves, and sofa
sleepers making this an attractive option for families staying for an
extended period of time. Guests also enjoy an outdoor pool, whirlpool
and sundeck. Scheduled transportation is provided to Universal
Studios, SeaWorld Orlando, Walt Disney World, and the Orange County
Convention Center. Discounted tickets for these attractions are available
to hotel guests.

The International Drive tract of South Orlando is one of the most
desirable hospitality markets in Orange County. This market is
characterized by high occupancy throughout the year as tourists visit
Orlando's theme parks all year round. Although this market
experienced declines in occupancy during the recession, demand
remains strong and can be expected to improve in the coming years.
This offering represents an excellent opportunity to take advantage of
improving market conditions through effective management and
marketing.

Map of 9350 Turkey Lake Road, Orlando, FL 32819 (Orange County)

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