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Westgate Inn 9200 US Highway 192

198 Room Hotel Clermont, FL 34714 For Sale

Investment Highlights

  • Excellent location 6 miles west of Walt Disney World
  • Redevelopment potential in a dynamic neighborhood for one or more hotels, or mixed use
  • Opportunity to convert to workforce apartment housing without a rezone
  • Potential for seller financing

Executive Summary

Contact broker for pricing!
This property is back on the market. This is a former 197 unit hotel that was originally the Westgate Inn. It was planned for conversion in to a Howard Johnson by Wyndham, but funding never occurred, and the hotel has been vacant for a lengthy period of time. Highest and best use is for work force housing conversion, or demolition and redevelopment as potentially 2 new hotels, or mixed use. Most commercial uses are allowed. The property was recently under contract for conversion of the hotel in to work force housing plus partial demolition an construction of a 7-story hotel on the highway frontage. Thie site is in the “Four Corners area”, as the boundary lines of 4 counties come together in this general location. The site is located approximately 6 miles from Walt Disney World, or an approximate drive time of 10 to 15 minutes. This regional location is growing rapidly, with strong occupancy rates for hotels. The property is located approximately one mile east of the high growth US 27 corridor. The site is level and approximately rectangular. There is 290 feet of frontage on US 192.

Data Room Click Here to Access

Property Facts

Sale Type Investment
Sale Conditions Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 4.64 AC
Building Size 64,800 SF
No. Rooms 198
No. Stories 2
Year Built 1973
Parking Ratio 2.33/1,000 SF
Corridor Exterior

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 198 $72.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-25-01-488040-009820
Land Assessment
$910,197
Improvements Assessment
$454
Total Assessment
$910,651

zoning

Zoning Code RAC-X (Commercial)
RAC-X (Commercial)
  • Listing ID: 29289783

  • Date on Market: 8/16/2023

  • Last Updated:

  • Address: 9200 US Highway 192, Clermont, FL 34714

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