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Hotel-Motel

Quality Inn & Suites Turkey Lake

9350 Turkey Lake Rd, Orlando, FL 32819

Listing Price: $15,500,000

Cap Rate
10.52%
Number of Rooms
214
RevPAR
$51
Gross SF
108,691
Price/Room
$72,430
Price/Gross SF
$142.61
Year Built
1990

Investment Overview

Marcus & Millichap’s National Hospitality Group, as an exclusive representative of the seller, is pleased to present for sale the Quality Inn & Suites Turkey Lake. The subject property is a 214-room, exterior corridor hotel located directly off I-4 approximately 6 miles from Walt Disney World and is well positioned for growth in room demand as the Disney corridor is rapidly expanding with development. Current ownership has continued to renovate the property through an extension of the breakfast area, installations of hardwood floors, and new furniture in the bedrooms.

Investment Highlights

  • Offered at a 3.25x Revenue Multiple (Blended 2018 and 2019).
  • Operationally, the hotel has achieved a gross revenue of $4,590,657 in 2019, and $4,932,909 in 2018
  • Current renovations include an extension of the breakfast area, installations of hardwood floors, and new furniture in the bedrooms.

Exclusively Listed By

Financing By

Hotel-Motel

Quality Inn & Suites Turkey Lake

Listing Price: $15,500,000

Cap Rate
10.52%
Number of Rooms
214
RevPAR
$51
Gross SF
108,691
Price/Room
$72,430
Price/Gross SF
$142.61
Year Built
1990

Investment Highlights

  • Offered at a 3.25x Revenue Multiple (Blended 2018 and 2019).
  • Operationally, the hotel has achieved a gross revenue of $4,590,657 in 2019, and $4,932,909 in 2018
  • Current renovations include an extension of the breakfast area, installations of hardwood floors, and new furniture in the bedrooms.

Investment Overview

Marcus & Millichap’s National Hospitality Group, as an exclusive representative of the seller, is pleased to present for sale the Quality Inn & Suites Turkey Lake. The subject property is a 214-room, exterior corridor hotel located directly off I-4 approximately 6 miles from Walt Disney World and is well positioned for growth in room demand as the Disney corridor is rapidly expanding with development. Current ownership has continued to renovate the property through an extension of the breakfast area, installations of hardwood floors, and new furniture in the bedrooms.

Exclusively Listed By

Financing By

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