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49-RM MOTEL - LONG-TERM SELLER FINANCING!!! 4700 W Irlo Bronson Memorial Hwy 48 Room Hotel Kissimmee, FL 34746 $2,800,000 ($58,333/Room) 10% Cap Rate
Investment Highlights
- 48-Rm Motel
- Long-Term Seller Financing Offered to Qualified Purchaser
- Plus 2 Bedroom Apartment
Executive Summary
This offering includes a 49-Rm motel located on 3.37-acres MOL. Motel offering 200 feet of roadway frontage on Irlo Bronson Memorial Hwy.
The Property is in the heart of the W. Irlo Bronson Memorial Highway submarket and within 10 minutes of Disney attractions, less than 30 minutes from both the Orlando International Airport and The City of Orlando, and one hour fifteen minutes from Tampa.
Property Overview:
• 3.37-Acres MOL
• 48-Rooms/17,,928 SF/2-Stories
• Plus 2-Bdrm Apartment
• Year Built: 1984
Price: $2.8M OBO
Financing: Seller is offering Seller Financing to a qualified purchaser. Interest rate and terms are TBD but may include:
• 50% down payment
• 5%-6% Interest Only rate
• 8-10 Year Balloon
The Property is in the heart of the W. Irlo Bronson Memorial Highway submarket and within 10 minutes of Disney attractions, less than 30 minutes from both the Orlando International Airport and The City of Orlando, and one hour fifteen minutes from Tampa.
Property Overview:
• 3.37-Acres MOL
• 48-Rooms/17,,928 SF/2-Stories
• Plus 2-Bdrm Apartment
• Year Built: 1984
Price: $2.8M OBO
Financing: Seller is offering Seller Financing to a qualified purchaser. Interest rate and terms are TBD but may include:
• 50% down payment
• 5%-6% Interest Only rate
• 8-10 Year Balloon
Property Facts
| Price | $2,800,000 | Lot Size | 3.37 AC |
| Price Per Room | $58,333 | Building Size | 22,068 SF |
| Sale Type | Investment | No. Rooms | 48 |
| Cap Rate | 10% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1986 |
| Property Subtype | Hotel | Parking Ratio | 2.81/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | OCT, Kissimmee - Permitted Uses: Multi-Family, Mixed- Use, Hospitality, Commercial, Medical, Healthcare | ||
| Price | $2,800,000 |
| Price Per Room | $58,333 |
| Sale Type | Investment |
| Cap Rate | 10% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.37 AC |
| Building Size | 22,068 SF |
| No. Rooms | 48 |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 2.81/1,000 SF |
| Corridor | Exterior |
| Zoning | OCT, Kissimmee - Permitted Uses: Multi-Family, Mixed- Use, Hospitality, Commercial, Medical, Healthcare |
Amenities
- Balcony
- Business Center
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 10 | $92.00 | - |
| Guest Room | 38 | $65.00 | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 12-25-28-0000-0450-0000 | Improvements Assessment | $442,000 |
| Land Assessment | $640,300 | Total Assessment | $1,082,300 |
Property Taxes
Parcel Number
12-25-28-0000-0450-0000
Land Assessment
$640,300
Improvements Assessment
$442,000
Total Assessment
$1,082,300
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49-RM MOTEL - LONG-TERM SELLER FINANCING!!! | 4700 W Irlo Bronson Memorial Hwy
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