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7050-7056 S Kirkman Rd
Orlando, FL 32819
I Drive Grand Orlando · Hospitality Property For Sale
·
182,062 SF
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 182,062 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | F | Year Built/Renovated | 1965/2006 |
| Lot Size | 9.60 AC | Parking Ratio | 0.98/1,000 SF |
| Construction Status | Demolished | Corridor | Interior |
| Zoning | AC3, Orlando | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | F |
| Lot Size | 9.60 AC |
| Construction Status | Demolished |
| Building Size | 182,062 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2006 |
| Parking Ratio | 0.98/1,000 SF |
| Corridor | Interior |
| Zoning | AC3, Orlando |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- On-Site Retail
- High Speed Internet Access
- Meeting Event Space
ABOUT 7050-7056 S KIRKMAN RD , ORLANDO, FL 32819
HREC Investment Advisors, in conjunction with Ten-X, as exclusive agents for Allamanda Investments LLC, is pleased to offer for sale the fee simple interest in the I Drive Resort and Suites in Orlando, a 354-guestroom hotel located on a nearly 9-acre site at 7056 South Kirkman Road in the International Drive submarket. Since 2010, the Orlando market has seen 6% annual growth in tourism with only 1% annual growth in new supply. Visitations to the market have increased from 50 million in 2010 to over 72 million in 2017, an average annual growth rate in tourism of over 6.0%, while supply has grown at less than 1% per year. Based on nearly all indicators, 2018 will be an eighth straight record year for visitations to the area. The Property is located in the SW quadrant of International Drive and Kirkman Rd. As such, not only is the Hotel situated within easy reach of all of the submarket’s demand generators and amenities, but it is also afforded a "back door" entry/exit to I-4 via the newly redeveloped Kirkman Dr./I-4 interchange. In this regard, guests can access the Property without fighting the congested Sand Lake Rd./I-4/International Drive interchange. On a similar note, guests can use nearby Universal Blvd. to traverse the submarket from north to south.
