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Hotel-Motel

Clarion Inn & Suites Kissimmee/Lake Buena Vista

4985 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34746

Listing Price: $8,500,000

Cap Rate
7.70%
Number of Rooms
164
Gross SF
79,736
Price/Room
$51,829
Price/Gross SF
$106.60
Year Built
1985

Investment Overview

Marcus and Millichap is pleased to present the fee simple interest in the 164- room, Exterior Corridor , Two-story, Clarion Inn & Suites Kissimmee/Lake Buena Vista South. Conveniently located off W Irlo Bronson Memorial Hwy (US 192) in Kissimmee, the property’s location is centered around top area attractions and destinations such as Walt Disney World Resort, SeaWorld, and Universal Studios. The offering is also located less than 25 minutes from Orlando International Airport (MCO) and less than 15 minutes from Kissimmee Gateway Airport (KISM), providing ease of access for transient and local market segments.

Investment Highlights

  • Recent renovations expect new operators to take on minimal PIP upon change of ownership.
  • The property was completely renovated in 2019. Renovations included the following: - New Metal Roof - New Plumbing - New AC Units on Most Rooms; Still Under Warranty. - New Room Furniture - New Lobby
  • The 164-room property is currently unencumbered by management and by nature, it serves as a great opportunity for an owner operator to run a hotel in Kissimmee Market.

Exclusively Listed By

Hotel-Motel

Clarion Inn & Suites Kissimmee/Lake Buena Vista

Listing Price: $8,500,000

Cap Rate
7.70%
Number of Rooms
164
Gross SF
79,736
Price/Room
$51,829
Price/Gross SF
$106.60
Year Built
1985

Investment Highlights

  • Recent renovations expect new operators to take on minimal PIP upon change of ownership.
  • The property was completely renovated in 2019. Renovations included the following: - New Metal Roof - New Plumbing - New AC Units on Most Rooms; Still Under Warranty. - New Room Furniture - New Lobby
  • The 164-room property is currently unencumbered by management and by nature, it serves as a great opportunity for an owner operator to run a hotel in Kissimmee Market.

Investment Overview

Marcus and Millichap is pleased to present the fee simple interest in the 164- room, Exterior Corridor , Two-story, Clarion Inn & Suites Kissimmee/Lake Buena Vista South. Conveniently located off W Irlo Bronson Memorial Hwy (US 192) in Kissimmee, the property’s location is centered around top area attractions and destinations such as Walt Disney World Resort, SeaWorld, and Universal Studios. The offering is also located less than 25 minutes from Orlando International Airport (MCO) and less than 15 minutes from Kissimmee Gateway Airport (KISM), providing ease of access for transient and local market segments.

Exclusively Listed By

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