Quality Inn & Suites Winter Park Village Area
626 Lee Rd,
Orlando,
FL 32810
Description Cushman & Wakefields Hotel Group has been retained to offer for sale the fee simple interest in the 199-room Quality Inn & Suites located in Orlando, Florida - one of the most popular tourist destinations in the world. The property is a five-story, interior-corridor hotel conveniently located directly off of Interstate-4 and a short drive to both downtown Winter Park and downtown Orlando. The property also presents a wide variety of value-add opportunities that include upbranding the property and introducing full-service amenities into hotel operations, among others. Additionally, the recent completion of property renovations and the Interstate-4 Project leave a buyer with minimal further construction-related issues moving forward. The Quality Inn & Suites offers investors the opportunity to acquire a value-add property in the well established and highly desirable Orlando-Kissimmee-Sanford MSA with a population that exceeds 2,600,000 people. Highlights Absentee Owned And Staff Operated – Significant Management Upside For A Hands-On Buyer (Overseas-based Seller) Rebranding Opportunity With Multiple Brands Available (Contact Broker For Details) Offered Well Below Replacement Cost Purpose-Built, Full-Service Holiday Inn With Large Commercial Kitchen (Not Currently In-Use) And Over 5,000 SF of Meeting/Banquet Space Located Within The Orlando - Kissimmee - Sanford MSA, Which Has A Population Of Over 2,600,000 People And Is Growing At A Rate Of 2.3 Percent The Section Of Lee Road Closest To The Property Has An Average Annual Daily Traffic (AADT) Count Of Approximately 44,000 Vehicles Per Day Ideally Located Directly Off Of Interstate-4 And A Short Drive To Both Downtown Winter Park And Downtown Orlando, Amongst A Wide Variety Of Demand Generators Located Directly Off Of Lee Road and Interstate-4, Providing Ease Of Access And Displaying Excellent Signage To Commuters Within 6 Miles From Downtown Orlando, A Major City With A Strong, Economic Profile, Diverse Employment Opportunities, A Wide Variety Of Travel & Tourism, And Exceptional Lifestyle Options & Opportunities Interstate-4 Ultimate/Express Road Project Recently Completed: Additional Lanes Recently Added Lengthening Of Lee Road Ramps To/From Interstate-4 Extension Road Built Behind The Property Significant Population Growth In The Immediate Area Warranted Additional Infrastructure/Road Construction
Contact
Broker or Owner Contact
Gabriel
Shamay
,
Phone:
gabriel.shamay@cushwake.com
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ED Contact
Robert
Collins
Orlando Utilities Commission
100 W Anderson St
Orlando,
FL
32801
Phone: (407) 423-9100
rcollins@ouc.com
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Building
Property ID |
851 |
Building Size |
108006 |
Site Size (acres) |
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Zoning |
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Year Built |
2018 |
Number of Drive-In Doors |
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Number of Dock-In Doors |
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Clearance Height |
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Drive-in Doors |
no |
Sprinklered |
no |
Parking Ratio |
0 |
Updated |
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Number of Parking Spaces |
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Parking |
no |
HVAC |
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Pricing
For Sale |
yes |
Sale Price |
12000000 |
For Lease |
no |
Lease Type |
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Lease Cost |
0 |
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Geographic and Infrastructure
Latitude |
28.6061449 |
Longitude |
-81.3884308 |
County |
Orange County |
Rail Access |
no |
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Utilities
Service to Property |
no |
Electric Provider |
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Gas On Site |
no |
Gas Provider |
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Water On Site |
no |
Water Provider |
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Fiber Optics |
no |
Telecom on Site |
no |
Sewer On Site |
no |
Sewer provider |
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Unused Data Points
status |
Active |
businesspark |
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buildingtypes |
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contiguous |
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divisiblefrom |
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saleprice |
12000000 |
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