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7601 Black Lake Rd
Kissimmee, FL 34747
Baymont Inn & Suites Celebration Near Disney · Hospitality Property For Sale
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251,078 SF
Property Facts
| Property Type | Hospitality | Building Size | 251,078 SF |
| Property Subtype | Hotel | No. Stories | 6 |
| Building Class | B | Year Built | 1990 |
| Lot Size | 7.43 AC | Corridor | Interior |
| Construction Status | Converted | ||
| Zoning | GC, County | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 7.43 AC |
| Construction Status | Converted |
| Building Size | 251,078 SF |
| No. Stories | 6 |
| Year Built | 1990 |
| Corridor | Interior |
| Zoning | GC, County |
Amenities
- Business Center
- Fitness Center
- Pool
- On-Site Retail
- On-Site Bar
About 7601 BLACK LAKE RD , KISSIMMEE, FL 34747
Property Highlights: • 295-Room Baymont Inn & Suites by Wyndham • 55+/- Unbuilt Unit Entitlements - Allowing Another Hotel Tower to be Developed On-Site • 6 Stories, Exterior Corridor, Concrete Block Construction • Less than One Mile from Walt Disney World’s Animal Kingdom • Situated on Approximately 7.5 Acres • Large Common Area Building Separate from Hotel Buildings • New Roof Currently Being Installed - Estimated to cost $2.2MM - $3MM • Includes Meeting Space - 1,624 Sq Ft / 140 Guests • Shuttle to Local Attractions Location Highlights: • Extremely High Barrier-to-Entry Location Near Disney • Close Proximity to All Major Walt Disney World Theme Parks • 3 Miles West of Interstate 4 • Walt Disney World - In the Process of Historically Large Expansion • 10 Miles from SeaWorld Orlando • Located within the Theme Park Capital of the World • Margaritaville Orlando Developing Massive $50 Million Dollar Water Park located Approximately 1 Mile from the Subject Property - Grand Opening Scheduled for First Quarter 2019 Financial Highlights: • 2017 Year-End Total Revenue of $3,839,946.98 • Significant Upside Through Renovating and Increasing ADR • Year-End 2017 Occupancy of 87% Based on Available Rentable Rooms | 78.01% Occupancy Based on all 295 Rooms • Upward Trend in Room Revenue • Absentee Ownership - Upside Through a more Hands-On Approach
Property Taxes
| Parcel Numbers | Improvements Assessment | $20,302,400 | |
| Land Assessment | $7,607,100 | Total Assessment | $27,909,500 |
Property Taxes
