Apopka, FL Two-Pack
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Apopka, FL Two-Pack
2 Hospitality Properties in Apopka, FL
Investment Highlights
- Opportunity to acquire a portfolio of two recently renovated strong performing hotels within the Greater Orlando market.
- Ability to further improve NOI flow-through by maximizing the operational efficiencies of shared staffing and management.
- Apopka is a growing suburb with over 13,000+ housing units in the planning/construction phase, sprouting demand for commercial activities.
- The portfolio has a combined RevPAR of $104.00, earning over $6,000,000 in rooms revenue and $2,000,000 in NOI.
- Both the Hampton Inn & Suites and Holiday Inn Express & Suites brands are proven in the industry.
- Corporate demand generators in the area include University of Florida University, Apopka Logistics Center, Coca-Cola, FINROCK, & AdventHealth.
Executive Summary
For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=148369
HVS Brokerage & Advisory, in cooperation with Eric Vincent Guerrero (a Florida-licensed real estate broker, License #BK3524928), as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire both the 81-key Hampton Inn & Suites by Hilton and the 77-key Holiday Inn Express & Suites Orlando-Apopka. The properties, which are located next to one another, must be acquired as a portfolio. A new investor will have the opportunity to realize the significant upside of acquiring two well-maintained, strong-performing, limited-service hotel assets within the highly desirable Greater Orlando, Florida, market, as well as the rebounding performance and ability to improve net operating income (NOI) flow-through by maximizing the operational efficiencies offered by the portfolio, such as shared staffing and management.
HVS Brokerage & Advisory, in cooperation with Eric Vincent Guerrero (a Florida-licensed real estate broker, License #BK3524928), as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire both the 81-key Hampton Inn & Suites by Hilton and the 77-key Holiday Inn Express & Suites Orlando-Apopka. The properties, which are located next to one another, must be acquired as a portfolio. A new investor will have the opportunity to realize the significant upside of acquiring two well-maintained, strong-performing, limited-service hotel assets within the highly desirable Greater Orlando, Florida, market, as well as the rebounding performance and ability to improve net operating income (NOI) flow-through by maximizing the operational efficiencies offered by the portfolio, such as shared staffing and management.
Property Facts
Sale Type | Investment | Individually For Sale | 0 |
Status | Active | Total Building Size | 89,040 SF |
Number of Properties | 2 | Total Land Area | 3.24 AC |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 89,040 SF |
Total Land Area | 3.24 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
Holiday Inn Express & Suites Orlando Apopka
238 S Line Dr, Apopka, FL 32703 |
Hospitality | 52,356 SF | 2009 | - |
Hampton by Hilton Inn & Suites Orlando-Apopka
321 S Lake Cortez Dr, Apopka, FL 32703 |
Hospitality | 36,684 SF | 2009 | - |
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Apopka, FL Two-Pack
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