This Hospitality Property is no longer advertised on LoopNet.com.

238 S Line Dr
Apopka, FL 32703
Holiday Inn Express & Suites Orlando Apopka · Hospitality Property For Sale · 63,591 SF

Investment Highlights

  • Since 2022, the hotel has consistently generated strong rooms revenue, averaging over $2,970,000 (rounded).
  • Over the past 3 years, the hotel achieved an average NOI flow-through of $1,130,000 (rounded) annually, demonstrating operational stability.
  • From July 2019 to May 2020, the property underwent an extensive, property-wide renovation, per the brand’s "Formula Blue" design scheme.
  • The hotel’s rooms revenue for the trailing-twelve-month (TTM) period through August 2025 equated to $2,890,000 (rounded), leading to a $103 RevPAR.
  • Based on the pricing guidance and the hotel’s TTM June 2025 financial statement, the deal underwrites to an attractive 3.7x RRM and 8.2% cap rate.
  • InterContinental Hotels Group (IHG) has confirmed that it will grant a new, long-term franchise agreement of 15 years.

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.61 AC
Building Size 63,591 SF
No. Stories 5
Year Built/Renovated 2009/2020
Tenancy Single
Parking Ratio 1.13/1,000 SF
Corridor Interior
Zoning PUD

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Listing ID: 37971662

  • Date on Market: 10/7/2025

  • Last Updated:

  • Address: 238 S Line Dr, Apopka, FL 32703

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}