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
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 856
Building Size 108006
Site Size (acres)
Zoning
Year Built 2018
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 12000000
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.6061449
Longitude -81.3884308
County Orange 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