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Property Detail

4985 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34746, USA
This opportunity proposes the conversion of a 150-Room Hotel into 150-Unit apartments.
$15,500,000

Description

INVESTMENT HIGHLIGHTS

  • 150-Unit Hotel to Apartment or Independent Living Conversion Opportunity
  •  
  • Developer has Conversion Plans in Place
  • Long-Term Seller Financing Offered to Qualified Purchaser

EXECUTIVE SUMMARY

152-Unit Hotel to Apartment Conversion Opportunity!
Check out VIDEO on this offering: https://youtu.be/gxBux3gElVk
This opportunity proposes the conversion of a 150-Room Hotel into 150-Unit apartments. The proposed project introduces an operating hotel to become converted into an apartment building that includes:
• 3.5-Acres MOL
• 150-Units (136 Studios & 14 One Bedroom Units)
• Unit Size: Studios 323 SF, One Bedroom 646 SF
• Four Buildings/2-Stories/56,894 SF/Exterior Corridor
• Built: 1985
• Outdoor Heated Pool & Hot Tub
• Fitness Center
• Salon Lofts (Accommodate Tenants and Walk-in traffic)
• Parking: 164 Spaces
 

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Spa
  • On-Site Bar
  • Meeting Event Space

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Suite15$62.00-
Guest Room122$57.00

Benny Spensieri

Phone +1 844-887-2737 x101

Mobile +1 813-391-1545

Specification

General

  • 59894
  • 3.4900
  • Investment
  • OPD (Planned Development)
  • 1985
  • 137

Hospitality

150-Unit Hotel to Apartment Conversion

Listing ID : 00333

SKU: 333

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