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Browse More Listings in Hotel & Motel For Sale, Orlando, FL or Florida

Hotel / Motel For Sale

335 Room BANK OWNED REO 1 YEAR NO PAYMENTS

3835 McCoy Road, Orlando, FL 32812

Price:
$8,000,000
No. Rooms:
335
Building Size:
198,000 SF
Price/Room:
$23,880.60
Property Type:
Hotel & Motel
Property Sub-type:
Full Service
Property Use Type:
Investment
Distressed:
Yes
Commission Split:
2%
Average Daily Rate:
$89
No. Stories:
3
Year Built:
1971
Corridor:
Yes
Find Out More...

Last Verified 11/6/2009 Listing ID 16286798

Highlights

Only Hotel in the market with convention & Meeting room facilities
Nightclub with stage & full liqour

Full Service Kitchen & resturaunt

Description

See New Financing Terms Below NAI Tampa Bay is proud to present a this BANk Owned REO Foreclosure opportunity. 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 onlt hotel facility in the surrounding market to offer convention & meeting facilities on site. The property is currently vacated but has all operational equipment in place for a new owner to open the facility over night. The property has a full service resturaunt and banquet facility as well as a niteclub with full liqour capabilities. Broker has a complete package on the property for your review..

The Lender Owner has authorized us to announce the following financing terms for this Asset. 20% 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.

Map of 3835 McCoy Road, Orlando, FL 32812 (Orange County)

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Contact Listing Broker

John Burpee (727) 585-2070

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Created 6/19/2009

Additional Information for 3835 Mccoy Road, Orlando, FL 32812

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 3 Historic Listings
Sales Comparables Available - 2 RecentSales Records

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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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.

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Hotel & Motel Property For Sale - 335 Room BANK OWNED REO 1 YEAR NO PAYMENTS

3835 McCoy Road, Orlando, FL, 32812