Address: 4651 Irlo Bronson Memorial Highway, KISSIMMEE, FL 34746
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.
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.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 26269.00
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Ground Level, Over 30 Spaces
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Ductless
Road Frontage Type: Business District, State Road
Sewer: Public Sewer
Utilities: Public
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Legal Description: FROM NE COR OF NW 1/4 RUN S 1045.7 FT TO POB CONT S 238.47 FT, SWLY 351.74 FT TO E R/W US 192, NWLY ALONG R/W 215 FT, NELY 454.9 FT TO POB AKA RECORD MOTEL
7.5 acres with 4400 sq ft building in exceptional high traffic, Central Florida location! Expand upon the current Kissimmee Go Karts entertainment complex or re purpose the land for entertainment, com
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