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- LoopNet Team
8342 Jamaican Ct
Orlando, FL 32819
Red Roof PLUS+ Orlando International Drive · Hospitality Property For Sale · 53,763 SF
Investment Highlights
- 135-Room Red Roof PLUS+ NextGen Renovation Standards
- 2 Miles from Universal Studios Orlando / Orange County Convention Center / SeaWorld / CityWalk
- YE 2019 Room Revenue of $2,356,828
- Prime Location on International Drive Adjacent from ICON Park
- High Visibility from Interstate 4 - Surrounded by Multiple World-Class Demand Generators
- YE 2019 Net Operating Income of $915,261
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1989/2019 |
| Building Class | C | Parking Ratio | 1.88/1,000 SF |
| Lot Size | 2.18 AC | Corridor | Exterior |
| Building Size | 53,763 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.18 AC |
| Building Size | 53,763 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1989/2019 |
| Parking Ratio | 1.88/1,000 SF |
| Corridor | Exterior |
Amenities
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
About 8342 Jamaican Ct , Orlando, FL 32819
Property Highlights: • 135-Room Red Roof PLUS+ - NextGen Renovation Standards • Prime Location on International Drive in Orlando • The Only Red Roof PLUS+ in Orlando - Resulting in Major Brand Contribution, Less Commissions Paid, and Higher Net Operating Income • Comprised of 47 Interior Corridor and 88 Exterior Corridor Rooms • $1,730,000+/- in Recent Renovations • New Roof in 2017 • Minimal Change of Ownership PIP • Significant Upside Due to Recent Renovation Location Highlights: • Situated Directly Off of International Drive Across from ICON Park • 2 Miles from Universal Studios Orlando • 2 Miles from Orange County Convention Center • 2 Miles from Universal CityWalk • 2 Miles from SeaWorld Orlando • 3 Miles from Orlando International Premium Outlets • 4 Miles from The Mall at Millenia • 5 Miles from Discovery Cove • 6 Miles from Walt Disney World Theme Parks • High Visibility from Interstate 4 • Surrounded by Multiple World Class Demand Generators • Orlando Ranked as No. 1 U.S. Travel Destination with a Record Breaking 75 Million Visitors in 2018 - a 4.2% Increase Over 2017 Financial Highlights: • YE 2019 Room Revenue of $2,356,828 • YE 2019 Net Operating Income of $915,261 • 69% RevPAR Penetration (2019) - Significant Upside Potential Remaining
zoning
| Zoning Code | C-2 |
| C-2 |
Learn More About Investing in Hospitality Properties
