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Comfort Inn & Suites 7675 W Irlo Bronson Memorial Hwy

197 Room Hotel Kissimmee, FL 34747 $16,000,000 ($81,218/Room)

Investment Highlights

  • Excellent location -minutes from the Walt Disney World Theme Parks
  • Newly Remodeled in 2024 -with $1.2MM spent in upgrades
  • Interior Corridor -5 Story Hotel - with Restaurant and Bar

Executive Summary

INVESTMENT HIGHLIGHTS - PRICE JUST REDUCED !! ONLY $81K PER UNIT - JUST RENOVATED

HIGHLY VISIBLE LOCATION IN THE ORLANDO/KISSIMMEE MARKET
The property is located on the West Hwy 192 corridor – one of the busiest tourist throughways in the Walt Disney World resort areas. It is only minutes from all the theme parks and attractions that are world renowned.
ONE OF THE NATION’S TOP TOURIST DESTINATIONS – ORLANDO/KISSIMMEE
Orlando is recognized as one of the nation's foremost vacation destinations, anchored by the formidable Walt Disney World Resort, Universal and SeaWorld attractions and theme parks. In addition, there are golf courses and beaches that attract tourists to Central Florida. This property is in the city of Kissimmee, the county of Osceola, and the state of Florida.

CENTRAL FLORIDA – GROWING DIVERSIFIED ECONOMY
Orlando is also the major center for commerce in the Central Florida region.
The Central Florida Research Park, totaling more than 1,000 acres, is ranked as one of the top ten research parks in the nation and is home to over 125 companies. Moreover, the University of Central Florida (UCF) is the second-largest university in the nation, with more than 60,000 students. Orlando's economic climate is characterized by tourism, healthcare services and research, financial services, and educational institutions.
The Orange County Convention Center (OCCC) is a vital component of the economic health of Orlando’s hotel market. The Orange County Convention Center provides approximately $3 billion in economic impact to Central Florida annually. In recent years, the Convention Center has averaged nearly 200 events, including 115 conventions and tradeshows that attract more than 1.5 million attendees to the region each year.
This center is the second largest in contiguous space in the United States, with over 2.5 million gross square feet. Positioned eleven miles southwest of Downtown Orlando, the center is located on International Drive.
RECENTLY RENOVATED ASSET AT A SIGNIFICANT DISCOUNT TO REPLACEMENT COST
The asset has received significant improvements recently in 2024 with over $1.2MM spent on recent updates and renovations.
UNENCUMBERED BY MANAGEMENT
The property is offered unencumbered by existing management. The ability to place new management as well as the property’s location in the heart of the Disney Attractions area makes the opportunity extremely attractive to lodging owners and operators.

Property Facts

Price $16,000,000
Price Per Room $81,218
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 4.60 AC
Building Size 115,096 SF
No. Rooms 197
No. Stories 5
Year Built/Renovated 1983/2024
Parking Ratio 1.95/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Shuttle Service
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

About 7675 W Irlo Bronson Memorial Hwy , Kissimmee, FL 34747

THE OFFEREING -PRICE JUST REDUCED !! ONLY $81K PER UNIT - JUST RENOVATED AHG Brokerage is pleased to offer an exclusive opportunity to acquire the fee simple interest in the 197-key Comfort Inn & Suites (“the property” or “the Hotel”). The property is located on 4.596 acres in the heart of the Walt Disney World area theme parks and attractions. West Highway 192 is the main tourist corridor for visitors to the Walt Disney World attractions and has recently experienced a lot of growth. Opened in 1983, and renovated recently in 2024, the property enjoys a prime location with the theme parks only minutes away in its “backyard”. The hotel offers a range of impressive amenities, including Gift Shop, Car Rental Desk, Attractions Ticket Desk, Outdoor pool, whirlpool, meeting space and the Lighthouse Lobster Feast Restaurant and Bar. The property benefits from a superb location on the west Hwy 192 tourist corridor. Within a few miles of the property are located the world-famous Walt Disney World theme parks, including the Magic Kingdom, EPCOT center, Animal Kingdom and Hollywood Studios. There are also many golf courses, water parks and restaurants within driving distance of the hotel. The property has easy access from I-4 and Hwy 429 and is only 16 miles from Orlando International Airport. Universal Studios and Sea World are also only a short distance from here. The Comfort Inn & Suites presents an opportunity to acquire a well-maintained asset in a superb lodging market. Potential buyers will have the ability to capitalize on the hotel’s physical and operational upside. There is also an incredible potential for future re-development or up-branding to a higher tier flag, given the property’s location in the heart of the Walt Disney attractions area. The hotel is offered unencumbered of any management contracts. MAJOR EMPLOYERS 1 Walt Disney World Resort 2 Universal Orlando 3 Adventist Health System/Florida Hospital 4 Orlando Health 5 Lockheed Martin Corp. 6 Westgate Resorts 7 SeaWorld Parks & Entertainment, Inc. 8 Darden Restaurants, Inc. 9 Siemens Corporation 10 Rosen Hotels & Resorts Source: Orlando Economic Development Commission The Orange County Convention Center (OCCC) is a vital component of the economic health of Orlando’s hotel market. The Orange County Convention Center provides approximately $3 billion in economic impact to Central Florida annually. In recent years, the Convention Center has averaged nearly 200 events, including 115 conventions and tradeshows that attract more than 1.5 million attendees to the region each year. This center is the second largest in contiguous space in the United States, with over 2.5 million gross square feet. Positioned eleven miles southwest of Downtown Orlando, the center is located on International Drive.

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 197 $103.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-25-27-0000-0084-0000
Land Assessment
$366,900
Improvements Assessment
$10,583,600
Total Assessment
$10,950,500

zoning

Zoning Code OAC, TSC, County (Zoning is classified as CT - Commercial Tourist - which includes multifamily use provided a site plan is approved by the county in relation to having)
OAC, TSC, County (Zoning is classified as CT - Commercial Tourist - which includes multifamily use provided a site plan is approved by the county in relation to having)
  • Listing ID: 32236188

  • Date on Market: 6/24/2024

  • Last Updated:

  • Address: 7675 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34747

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