Homewood Suites in Celebration, FL

, Celebration, FL 34747

Description Hilco Real Estate is pleased to present this five-story, interior corridor, 128-room Homewood Suites located in Celebration, Florida. The hotel is set to break ground in March 2022. The property will feature a breakfast dining area, an outdoor pool, an outdoor whirlpool, a fitness room, a business center, a market pantry, and a guest laundry room. TOTAL REVENUE (PROJECTED) Year 1: $4,854,356 (70% Occ) Year 2: $5,519,372 (75% Occ) Year 3: $6,213,284 (82% Occ) Year 4: $6,397,001 (82% Occ) Year 5: $6,588,490 (82% Occ) Location The 3.5-acre subject site is proposed to be developed with a 128-key Homewood Suites by Hilton. The proposed Homewood Suites by Hilton will be the first Hilton-branded hotel and the first extended-stay hotel within the master-planned Celebration community. The property will feature 125 rooms, a breakfast dining area, an outdoor pool, an outdoor whirlpool, a fitness room, a business center, a market pantry, and a guest laundry room. In addition to being recognized as one of the nation's foremost vacation destinations, anchored by the formidable Walt Disney World Resort and Universal Orlando, Orlando is also the major center for commerce in the Central Florida region. Orlando's economic climate is characterized by tourism, healthcare services and research, financial services, and educational institutions.

Contact

Broker or Owner Contact
Jordan Schack
,
Phone: (847) 504-3297
jschack@hilcoglobal.com
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 1095
Building Size
Site Size (acres)
Zoning
Year Built 2022
Number of Drive-In Doors
Number of Dock-In Doors
Clearance Height
Drive-in Doors no
Sprinklered no
Parking Ratio 0
Updated
Number of Parking Spaces
Parking no
HVAC

Pricing

For Sale yes
Sale Price 0
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.3146417
Longitude -81.5569399
County Osceola County
Rail Access no

Utilities

Service to Property no
Electric Provider
Gas On Site no
Gas Provider
Water On Site no
Water Provider
Fiber Optics no
Telecom on Site no
Sewer On Site no
Sewer provider