For Sale
$6,900,000

7455 Irlo Bronson Memorial HwyKissimmee, FL 34747

147-Room Hotel Near Disney

Overview

Added:
Dec 11, 2024
Days on market:
117
This 147-room Rodeway Inn, located at 7455 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34747, presents a compelling investment opportunity. Boasting a prime location just 1.9 miles from Walt Disney World, this two-story, exterior corridor hotel benefits from proximity to major attractions, including SeaWorld (13 miles), Universal Studios (15 miles), and Orlando International Airport (22 miles). The property, situated on approximately 3.25 acres, underwent nearly $600,000 in renovations since 2019, including a new roof in 2020. The hotel features 116 double rooms, 1 queen room, 22 king rooms, and 7 accessible rooms, along with a 3-bedroom, 1-bathroom manager's apartment. In 2023, the hotel generated a gross revenue of $2,011,769, offering a 3.42x room revenue multiple at the asking price of $6,900,000. Its strategic location near the upcoming NeoCity and the new Epic Universal Park further enhances its long-term potential. This well-maintained property offers investors a chance to acquire a cash-flowing asset in a high-demand hospitality market at below replacement cost. The hotel's room configuration includes a variety of options to cater to diverse guest needs. The property's strong financial performance and strategic location make it an attractive investment prospect.

Highlights

  • $6,900,000 asking price for a 147-key hotel.
  • 2023 gross revenue of $2,011,769, resulting in a 3.42x room revenue multiple.
  • Recently renovated, 147-room hotel (116 doubles, 1 queen, 22 kings, 7 accessible, plus a manager's apartment) on a 3.25-acre lot.
  • Over $600,000 in renovations since 2019, including a new roof in 2020.
  • Excellent location near major attractions: 1.9 miles from Walt Disney World, 13 miles from SeaWorld, 15 miles from Universal Studios, and 22 miles from Orlando International Airport; also near NeoCity and the new Epic Universal Park.

Property Details for 7455 Irlo Bronson Memorial Hwy

Property type
Hospitality properties, Hotels

Location Insight

City
Kissimmee
County
Osceola
State
Florida
Latitude
28.3341938
Longitude
-81.5850006
7455 Irlo Bronson Memorial Hwy, Kissimmee, Florida

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7455 Irlo Bronson Memorial Hwy
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