INNOVATE LLC

For Sale
"UNDER CONTRACT"
BACK-UP OFFERS ARE WELCOME



Satisfaction Orlando Resort


Description

IINNOVATE LLC presents a great opportunity for a very profitable hotel in Kissimmee, Florida. This property has an annual revenues over two millions with an approximate cap rate for the first seven months of 2017 of 12.28% (prorated). The property is divided into 3 buildings of 3 or 4 floors with elevator. It has 200 rooms divided intro 180 rooms double Queen-Beds and 20 rooms single Queen Beds. Fully remodeled in 2014 with $3.8 million improvements (per owner). This Hotel Features: Outdoor Pool, Tennis Court, Fitness Center, Business Center, Laundry Service, Picnic Area, No-Frills Hotel in Historic Downtown Kissimmee, Free WiFi and Free Parking, Eco-Friendly Policy, Fully Remodeled Rooms with Granite Tops and Tile Floors. Top Quality Furniture and Appliances. High Customer Satisfaction.


Just minutes from Walt Disney World and only 15 minutes from Orlando International Airport. The resort is located in Kissimmee, Florida off 192.


Rooms: 200

Annual Revenues: Over 2 Millions

Asking Price: $10.5 Millions

For More Information/Private Showing call or email Michael Hassan at 407.780.5585 // innovatellc@gmail.com (A complete information package is available for your review).


DISCLAIMER: INNOVATE LLC and Broker make no guarantees, warranties or representations as to the completeness or accuracy of the information contained herein. This presentation of the properties are submitted subject to errors, omissions, change of price or conditions, prior sales or licenses, or withdrawal without notice.

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