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Orlando Inn International Drive Area 5900 American Way 110 Room Hotel Orlando, FL 32819 $8,350,000 ($75,909/Room)

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INVESTMENT HIGHLIGHTS

  • Excellent Location. Walking Distance To Universal Studios

EXECUTIVE SUMMARY

MOTIVATED SELLER - TAKING OFFERS. The Super 8 is a 2-story, exterior corridor hotel. This property is constructed out of block and concrete. All 109-guest rooms were renovated in 2012-2013 and was awarded the “Best Improved Property8 of the Year” by Wyndham Hotels Group. However, the current condition of the property shows that it will require some level of renovation to bring it to current brand standards. The current owner is in the process of installing a new roof.
The hotel consists of 109-guest rooms on two floors. All 109-guest rooms are designated no smoking. The property also offers handicap rooms for the physically challenged guests. All guest rooms are tastefully decorated with the Wyndham Innov8te Package and include the following items: 40” LED flat screen TV, granite vanity top, micro/fridges, hairdryer, in-room safe, iron with ironing board and a coffee maker.
The hotel offers free parking, free wireless internet, and complimentary shuttle to Walt Disney World, Universal Studios and Sea World.
The Super 8 is near the Universal Studios and Sea World theme parks. Each morning, guests can start the day with a visit to the complimentary continental breakfast bar. Complimentary coffee and tea are available in the lobby 24-hours each day (Currently not offered). While there is no restaurant on the premises, there are many of restaurants in the surrounding area and some are in within walking distance.
This property has an excellent location and is situated right off the world-famous International Drive with local attractions, shopping, and dining. The surrounding area of the hotel includes excellent restaurants including but not limited to Black Angus Steak House, Buffalo Wild Wings, Denny’s, IHOP, Korean BBQ, Texas De Brazil, Kobe Japanese Steakhouse and Sushi Bar. The famous The Mall at Millennia is only 3-miles from the hotel and the Orlando International Premium Outlets is just few minutes ride on the I-Ride Trolley service in which is within a close walking distance for connecting shopping, dining, and entertainment throughout the I-Drive corridor.
The Super 8 is located within minutes from Universal Studios on one side and the soon to open Universal’s Epic Universe on the other. The Orange County Convention Center and Sea World are just 5-Miles away. The Walt Disney World Resort is only 10-miles from the hotel and can be easily accessed from Interstate I-4 (which links Interstate-95 in Daytona Beach on the east coast of Florida to Interstate-75 at Tampa Bay on the west coast of Florida). The Orlando International Airport (MCO) is just 20 miles from the hotel.

PROPERTY FACTS

Price $8,350,000
Price Per Room $75,909
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.27 AC
Building Size 51,776 SF
No. Rooms 110
No. Stories 2
Year Built/Renovated 1987/2012
Tenancy Single
Parking Ratio 1.05/1,000 SF
Corridor Exterior
Zoning AC-3/SP - Metropolitan Activity Center District/Specially Planned Area Overlay district.

AMENITIES

  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 110 $59.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-2328-5405-04-010
Land Assessment
$2,615,533
Improvements Assessment
$939,611
Total Assessment
$3,555,144
  • Listing ID: 27859962

  • Date on Market: 3/1/2023

  • Last Updated:

  • Address: 5900 American Way, Orlando, FL 32819

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