11241 W Colonial Dr | Ocoee, FL 34761
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- LoopNet Team
11241 W Colonial Dr
Ocoee, FL 34761
Suburban Studios Ocoee · Hospitality Property For Sale
·
38,397 SF
INVESTMENT HIGHLIGHTS
- View Auction: https://rimarketplace.com/auction/1797?utm_source=costar&utm_medium=listing&utm_campaign=hospitality_1797
- Offered at an attractive basis and significant discount to replacement cost in the highly coveted Orlando market
- Less than 20 minutes from Downtown Orlando, Walt Disney World, Universal Studios, and Orlando International Airport
- Discussions have commenced with multiple brands including IHG, Choice and Best Western and expect additional brands may be available
- Benefits from the ever-expanding Orlando tourism industry which attracts over 74 million visitors annually
- Competitive set has consistently experienced year over year growth in both Occupancy and ADR since the COVID-19 pandemic
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2001/2019 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.16 AC | Parking Ratio | 2.08/1,000 SF |
| Building Size | 38,397 SF | Corridor | Interior |
| Zoning | C-3, Ocoee | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.16 AC |
| Building Size | 38,397 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2001/2019 |
| Tenancy | Single |
| Parking Ratio | 2.08/1,000 SF |
| Corridor | Interior |
| Zoning | C-3, Ocoee |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Number | 19-2228-6145-00-040 | Improvements Assessment | $3,616,787 |
| Land Assessment | $1,509,874 | Total Assessment | $5,126,661 |
PROPERTY TAXES
Parcel Number
19-2228-6145-00-040
Land Assessment
$1,509,874
Improvements Assessment
$3,616,787
Total Assessment
$5,126,661
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