44089 Us Highway 27 Davenport, FL 33897
- Hospitality properties
- 67,321 SF
- 3.60 lot acres
Current Use by Public Records
- Home Suites / Hotel
- Budget Truck Rental / Truck Rental Agency / Car Rental Agency
Property Details for 44089 Us Highway 27
- Year built
- 1972
- Lot size
- 3.60 lot acres
- Property size
- 67,321 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This exceptional 150-key hotel presents a compelling investment opportunity in Davenport, Florida. Boasting 67,321 square feet across three stories, this established property, built in 1972, sits on a 3.6-acre lot zoned for commercial use. The asking price is $9,500,000, translating to $141.11 per square foot. The hotel features a guest lobby/lounge, offices, a meeting room, a vacant restaurant space, and a swimming pool, along with all the necessary amenities to support 150 guest rooms. Its strategic location offers easy access to major highways, commercial centers, and shopping, placing it within convenient reach of downtown Davenport, ChampionsGate, and Reunion. Furthermore, the property enjoys proximity to medical facilities, restaurants, and golf courses. Commuters will appreciate its approximate 30-minute drive to both downtown Orlando and Tampa, and its short distance to renowned attractions like Disney World, Universal Studios, and SeaWorld, as well as Orlando and Tampa International Airports. The property is being sold "AS IS" and is not based on revenue. This presents a unique chance for refurbishment and the addition of a franchise brand, capitalizing on the strong location and existing infrastructure. The property's potential for significant return on investment is undeniable.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Polk
- State
- Florida
- Longitude
- -81.6502
- Latitude
- 28.2356