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Hotel-Motel

Rodeway Inn Maingate

5995 W Irlo Bronson Memorial Hwy, Celebration, FL 34747

Listing Price: $10,500,000

Cap Rate
6.57%
Number of Rooms
200
RevPAR
$26
Gross SF
93,280
Price/Room
$52,500
Price/Gross SF
$112.56
Year Built
1984

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 200-room Rodeway Inn Maingate located in Kissimmee, Florida. Kissimmee is part of the Orlando-Kissimmee-Sanford, Florida Metropolitan Statistical Area (MSA), a region with a population of over 2.5 million people. The area is a major tourist market for the State of Florida, as the property is located a short drive to Walt Disney World, the most visited vacation resort in the world, welcoming an average of 52 million visitors every year. Located less than 10 miles away from demand generators including: ESPN Wide World of Sports, Epcot, Magic Kingdom, Animal Kingdom, Kissimmee Gateway Airport and more. The Rodeway Inn offers investors the opportunity to acquire a 200-room hotel with retail components, as well as a potential buy-right multifamily redevelopment opportunity in a robust tourism market.

Investment Highlights

  • Rodeway Inn and Three Net-Leased Retail Properties
  • with Minimal PIP Costs and a Potential Conversion
  • Opportunity to Multifamily in the Kissimmee Market

Exclusively Listed By

Listing Price: $10,500,000

Cap Rate
6.57%
Number of Rooms
200
RevPAR
$26
Gross SF
93,280
Price/Room
$52,500
Price/Gross SF
$112.56
Year Built
1984

Investment Highlights

  • Rodeway Inn and Three Net-Leased Retail Properties
  • with Minimal PIP Costs and a Potential Conversion
  • Opportunity to Multifamily in the Kissimmee Market

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 200-room Rodeway Inn Maingate located in Kissimmee, Florida. Kissimmee is part of the Orlando-Kissimmee-Sanford, Florida Metropolitan Statistical Area (MSA), a region with a population of over 2.5 million people. The area is a major tourist market for the State of Florida, as the property is located a short drive to Walt Disney World, the most visited vacation resort in the world, welcoming an average of 52 million visitors every year. Located less than 10 miles away from demand generators including: ESPN Wide World of Sports, Epcot, Magic Kingdom, Animal Kingdom, Kissimmee Gateway Airport and more. The Rodeway Inn offers investors the opportunity to acquire a 200-room hotel with retail components, as well as a potential buy-right multifamily redevelopment opportunity in a robust tourism market.

Exclusively Listed By

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