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Property profile & analytics
FOR SALE
Hotels

4700 W Irlo Bronson Memorial Hwy Kissimmee, FL 34746

17,928 SF 3.37 ac lot Built 1984
Entity Owned 11-yr Hold Free & Clear
Property ID
US18-5847912
Property summary
AI-generated overview

This exceptional investment opportunity presents a 48-room motel situated on a 3.37-acre lot in Kissimmee, Florida. Boasting 17,928 square feet, this two-story property, built in 1984, enjoys a prominent location on Irlo Bronson Memorial Highway, offering 200 feet of road frontage. The motel's strategic position provides easy access to major attractions, including Disney World (within 10 minutes), Orlando International Airport (under 30 minutes), and the city of Orlando (less than 30 minutes), as well as Tampa (within an hour and fifteen minutes). The property includes a two-bedroom apartment. Financial records from 2023 indicate a gross revenue of $594,326 and a net operating income (NOI) of $301,326. The property is zoned OCT. The parcel number is 12 25 28 0000 0450 0000. This fee-simple ownership includes an additional approximately two acres of land at the rear, presenting potential for future development. Seller financing is available to qualified buyers. This is a rare opportunity to acquire a well-established motel in a high-demand tourist destination.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1984
Total area 17,928 SF
Lot 3.37 ac (146,797 SF)
Zoning code OCT
APN 122528000004500000
UPID US18-5847912
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Red Carpet Inn Kissimmee, FL Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.12M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.04M
Owner & transaction history
Ankm INC · 11 yrs held
Ankm INC
since 2014
4 recorded transactions
2014
$1.6M
2006
$2.2M
2000
$1.6M
1969
Price N/A
Zoning & alternative use
OCT · Kissimmee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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