Cushman & Wakefield’s Hotel Group has been retained to offer for sale the fee simple interest in the 163-room Days Inn by Wyndham located in Orlando, Florida - one of the most popular tourist destinations in the world. The property is a limited-service hotel that is conveniently located within close proximity Interstate-4 & South Orange Blossom Trail - two major thoroughfares/expressways that provide excellent signage and accessibility for commuters. Additionally, the property is located within 5 miles from a wide variety of demand generators that include, but are not limited to, Camping World Stadium, the Kia Center (formerly known as the Amway Center), and the Orlando Science Center, among others. The property also includes ± 1.63 acres of developable land, included in the ±4.05-acre parcel, that is suitable for another hotel. The Days Inn also has a limited term remaining on the license, which presents the opportunity to either continue operating under the current flag, or to remove the flag and operate as an independent property. The Days Inn by Wyndham Orlando Downtown offers investors the opportunity to acquire a property in a well-established and highly desirable market with strong value-add potential through a variety of different available strategies.
- Property Includes A ±1.63-Acre Parcel Of Land That Is Suitable For Development Of A New Hotel
- Historically High NOI Margin
- Limited Term Remaining On The Days Inn License Provides Buyer The Opportunity To Rebrand Or Repurpose Property
- Long-Term Ownership. Seller Originally Bought Property In 1996
- Rebranding Opportunity - Quality Inn Flag is Available with Choice Hotels Showing Significant Interest
- Opportunity To Increase RevPAR To Competitive Set Standards And Exceed Performance Of Competition Through Strong Hands-On Management And Increased Marketing
- Tremendous Visibility And Accessibility From The South Orange Blossom Trail & Interstate-4, Two Main Expressways That Travel Through The City Of Orlando
- Within 5 Miles From Downtown Orlando, A Major Tourism Hotspot With A Strong Economic Profile, Diverse Employment Opportunities, A Wide Variety Of Travel & Tourism, And Exceptional Lifestyle Options & Opportunities
- Located Within The Orlando - Kissimmee - Sanford MSA, A Highly Desirable And Top Performing MSA With A Population Of Over 2,600,000 People And Growth Rate Of Approximately 2.3 Percent
- Located Within Close Proximity To A Wide Variety Of Main Thoroughfares And Major Expressways, Providing Ease Of Access And Displaying Excellent Signage To Commuters
- The Section Of South Orange Blossom Trail & Interstate-4 Closest To The Property Has An Average Annual Daily Traffic (AADT) Count Of Approximately 90,800 Vehicles Per Day