4651 W IRLO BRONSON MEMORIAL HWY new Save Request In-Person Tour Request Virtual Tour
Kissimmee,FL 34746
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 26,269 sqft
Price per Sqft $228
Subdivision Acreage & Unrec
MLS Listing ID O6314349
HOA Y/N No
Year Built 1980
Annual Tax Amount $71,812
Lot Size 1.930 Acres
Acres 1.93
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
This 57-room (including manager's living quarters) property that sits on almost 2 acres of land is located on a nice area of the US192, which is the heart of the original commercial tourist district in metropolitan Orlando. Its proximity to the Orlando International Airport (MCO) and various theme parks makes it very attractive and yet, the beaches of the Atlantic Coast is only a little over an hour away when heading East on US192 to Melbourne. The owner has just finished the renovations and is willing to sell it at an attractive price for a quick sale. Due to its great location and decent physical conditions, it had revenue almost doubling that of the nearby rival lodging facilities even before the recent renovations. The delightful swimming pool is located right in the center courtyard which creates a fun atmosphere for all hotel guests the moment they arrive. A new owner with savvy online marketing skills can greatly enhance the revenue even further due to the larger number of rooms as compared to those nearby mostly 40-room motels. With its great past written financial track records, an experienced hotel operator may easily obtain a good loan for the purchase. It may be possible to build additional 16 guestrooms on site. County approval will be required.
Location
State FL
County Osceola
Community Acreage & Unrec
Area 34746 - Kissimmee (West Of Town)
Zoning OCT
Interior
Cooling Ductless
Exterior
Parking Features Ground Level,Over 30 Spaces
Utilities Available Public
Building
Story 1
Entry Level Two
Foundation Block,Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
Ownership Corporation
Acceptable Financing Conventional,Other
Listing Terms Conventional,Other
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6314349