830 Lee Rd Orlando, FL 32810

This 69,776 square foot, fee-simple owned hotel boasts 145 units with a current 90% occupancy rate. Situated on a 1.76-acre lot in Orlando, Florida (zip code 32810, 830 Lee Rd), this property offers significant upside potential. The building, constructed in 2006 and renovated in 2006, presents a deep value-add opportunity. Its prime location on Lee Road (36,500 AADT) provides immediate access to Interstate 4 (170,000 AADT), ensuring high visibility and accessibility. Nearby amenities include McDonald's, Walmart, 7-Eleven, Home Depot, Starbucks, and Denny's, all within walking distance. A bus stop is conveniently located on-site. The property's proximity to Downtown Winter Park (2.5 miles), known for its upscale dining and shopping, further enhances its appeal. The surrounding area demonstrates strong demographics, with 279,339 people residing within a 5-mile radius and an average household income of $87,654 within 3 miles. The property's versatility allows for future uses such as an assisted living facility or multi-family housing. The cost to construct a comparable new building would exceed $30 million. This presents a unique opportunity to acquire a well-located, high-performing asset with substantial future development potential.