Renovated Hotel Near Disney
For Sale
$2,990,000
4640 W Irlo Bronson Memorial Highway KISSIMMEE, Kissimmee, FL 34746
Turnkey 50-room hotel near Disney, fully renovated.
Property Size26,492 SF
Price / SF$112.86
Days on Market135
Property Features for 4640 W Irlo Bronson Memorial Highway KISSIMMEE
General Information
Standard status
Active
Size
26,492 SF
Zoning
OCT
Taxes and HOA fees
Annual Taxes
$40,721
Amenities
Ceramic Tile,Tile
true
Public Records
Mature Landscaping,Trees/Landscaped
Near Public Transit,Sidewalk
Public
1.033
1.03
false
Over 30 Spaces
Paved
Slab
Street Paved,Main Throrughfare
26492
2
Building Details
Building Size
26,492 SF
Year Built
1985
Buildings
2
Listed By:
Crystal Barling
(904) 569-5862
Source:
Movetojacksonville
Added: Apr 24
Changed: Sep 3
Last Checked: Sep 5 at 4:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crystal Barling
Investment Insights
Based on property information with market context.
This is a fully renovated three-story hotel/motel in the Kissimmee market, located minutes from Walt Disney World. The location provides accessibility to all Disney theme parks and Disney Springs, known for its dining, shopping, and entertainment. It is also near Celebration, Lake Buena Vista, Orlando shopping and dining districts, and key transportation routes including I-4, US-192, and SR-417. The hotel features 50 upgraded guest rooms, each refreshed with modern fixtures, updated flooring, and contemporary in-room amenities such as flat-screen televisions, refrigerators, and microwaves. Guests can use the outdoor swimming pool and onsite laundry facilities. An electronic key system enhances security and convenience. Interior and exterior renovations include new finishes, updated mechanical components, and a new roof. The property offers parking and a flexible site layout. Currently operated by staff, this hotel is a turnkey investment for an absentee owner or investor seeking a strong-performing asset in Central Florida’s hospitality market. The bike score is 26, indicating it is somewhat bikeable, the walk score is 1, indicating it is car-dependent, and the transit score is 31, indicating some transit is available.
Key Highlights
- Prime location minutes from Walt Disney World and Disney Springs.
- Fully renovated with 50 newly upgraded guest rooms featuring modern amenities.**
- Turnkey investment opportunity suitable for an absentee owner.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$152,816
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,056,320
$3.1M
Cap Rate 7%
$2,183,086
$2.2M
Cap Rate 9%
$1,697,956
$1.7M
Market Conditions
NOI Build-Up for 26,492 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$365.6K $13.80/SF
− Vacancy
−$43.9K −$1.66/SF
EGI
$321.7K $12.14/SF
− OpEx
−$168.9K −$6.38/SF
NOI
$152.8K $5.77/SF
Area
Polk County, FL
Vacancy
12.00%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,056,320
Cap Rate 7%
$2,183,086
Cap Rate 9%
$1,697,956
Alternative Uses
Best Use
Hotel Hospitality
$2.18M
$1.91M – $2.55M
NOI $152,816 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.37M
$5.57M – $7.43M
NOI $445,638 @ 7.0% cap · market cap 14.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 34746, FL
56,344
Population
25,533
Households
2.2
Avg Household Size
38
Median Age
30%
College-Educated
87%
High-School Grad
44.0 sq mi
ZIP Area
1,281
Density / Sq Mi
$67,677
Median Household Income
$33,592
Median Earnings
$1,793
Median Rent
$328,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Turnkey 50-room hotel near Disney, fully renovated.
Where is this hotel located?
The property is located at 4640 W Irlo Bronson Memorial Highway KISSIMMEE Kissimmee, FL.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: Prime location minutes from Walt Disney World and Disney Springs.; Fully renovated with 50 newly upgraded guest rooms featuring modern amenities.**; Turnkey investment opportunity suitable for an absentee owner.
