49-Room Motel on 1.40
4700 W Irlo Bronson Memorial Hwy Kissimmee, FL 34746
4700 W Irlo Bronson Memorial Hwy, Kissimmee, FL, 34746
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For Sale
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49-room motel near Disney attractions with financing options.
Property Size17,928 SF
Lot Size1.40 Acres
Price / SF$156.18
Days on Market710
Property Features for 4700 W Irlo Bronson Memorial Hwy
General Information
- Standard status
- Active
- Size
- 17,928 SF
- Lot size
- 1.40 Acres
- Property subtype
- Hospitality
Building Details
- Year Built
- 1984
Listing Agency
CRES Corp International
Listed by
Benny Spensieri · License #FL BK3056260
Source
Crexi
Added: Aug 11, 2024 Updated: Jul 6 at 7:46 am Checked: Jul 19 at 9:30 am
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 CRES Corp International
Investment Insights
Based on property information with market context.
This offering features a 49-room motel situated on 1.40 acres, more or less. The motel has 200 feet of frontage on Irlo Bronson Memorial Highway. Located in the heart of the W. Irlo Bronson Memorial Highway submarket, the property is within 10 minutes of Disney attractions, less than 30 minutes from both the Orlando International Airport and The City of Orlando, and one hour and fifteen minutes from Tampa. The property consists of 48 rooms within a 17,928 square foot, two-story building, and includes a 2-bedroom apartment. The motel was built in 1984. Seller financing is available to a qualified purchaser, with interest rate and terms to be determined. Potential financing terms may include a 50% down payment, a 5%-6% interest-only rate, and an 8-10 year balloon.
Key Highlights
- Prime location on W. Irlo Bronson Memorial Highway.
- Close proximity to Disney attractions (within 10 minutes).
- Seller financing available to qualified purchasers.
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $247.4k | $13.80 |
| − Vacancy | −$29.7k | −$1.66 |
| EGI | $217.7k | $12.14 |
| − OpEx | −$114.3k | −$6.38 |
| NOI | $103.4k | $5.77 |
17,928 SF · lease $13.80/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$1.48M
$1.29M – $1.72M
NOI $103,416 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.31M
$3.77M – $5.03M
NOI $301,578 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Red Carpet Inn ...
Hotel & Motel
Similar For Sale Nearby
Similar Off Market Nearby
- Shining Light Suites — 4600 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34746
- Duo Boutique Hotel — 4559 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34746
- Country Hearth Inn Kissimmee — 4559 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34746
- Eclipse Social Club — 4561 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34746
- Uno boutique hotel — 4559 US-192, Kissimmee, FL 34746
FAQs
What type of property is this?
Motel - 49-room motel near Disney attractions with financing options.
Where is this motel located?
The property is located at 4700 W Irlo Bronson Memorial Hwy Kissimmee, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Prime location on W. Irlo Bronson Memorial Highway.; Close proximity to Disney attractions (within 10 minutes).; Seller financing available to qualified purchasers.
