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2323 E Irlo Bronson Memorial Hwy
Kissimmee, FL 34744
Travelodge Kissimmee · Hospitality Property For Sale · 196 Rooms

Property Facts

Property Type Hospitality
Property Subtype Serviced Apartment
Building Class B
Lot Size 6.17 AC
Building Size 71,655 SF
No. Rooms 196
No. Stories 2
Year Built/Renovated 1972/2017
Parking Ratio 1.92/1,000 SF
Corridor Interior
Zoning 7400

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

About 2323 E IRLO BRONSON MEMORIAL HWY , KISSIMMEE, FL 34744

Marcus & Millichap is pleased to present the Travelodge Kissimmee Hotel located at 2295 East Irlo Bronson Memorial Highway. This 196-room, interior corridor hotel is located on the corner of East Irlo Bronson Memorial Highway and it is just seconds away from Florida’s Turnpike. Using these arterial roads, guests can visit world renown Orlando attractions including Disney World, SeaWorld, and Universal Studios, all located within 15 miles of the property. This property sits in 6.17 acres of land in a prime location of Kissimmee. The Travelodge Kissimmee is just 30 miles away from University of Florida and 17 milesaway from Orlando Airport. This property is the perfect opportunity for new investors as it was recently renovated and we can consider that the new owner will have very minimum PIP. This property is currently generating over $2m with ADR of $51.15 and occupancy of 53.30%. The property has 196 rooms which includes four two-room suites. Investors can realize significant upside by increasing property occupancy located in a market among the fastest growing in the nation. Fueled by record breaking tourism, Orlando and Kissimmee occupancy and ADR will continue to grow above industry average.

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 196 $115.00 -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 30-25-30-3039-0001-1800
  • 30-25-30-3039-0001-1000
  • 30-25-30-3039-0001-1400
  • 30-25-30-3039-0001-1600
  • 30-25-30-3039-0001-1200
Land Assessment
$0
Improvements Assessment
$6,921,000
Total Assessment
$6,921,000
  • Listing ID: 14017446

  • Date on Market: 10/9/2018

  • Last Updated:

  • Address: 2323 E Irlo Bronson Memorial Hwy, Kissimmee, FL 34744

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