7785 W IRLO BRONSON MEMORIAL HWY Kissimmee FL 34747

OFFERING OVERVIEW:

DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Quality Inn & Suites Kissimmee by the Lake, a Choice Hotel, located in Kissimmee, Florida. The 179-room exterior corridor hotel is located directly off of Highway 192 / W. Irlo Bronson Highway (58,000 AADT) with high visibility. This premier location is close to many of Orlando-Kissimmee-Sanford MSA’s major demand generators, ideally situated with convenient access to the city’s renowned theme parks and attractions within the Walt Disney World Resort. Disney’s Animal Kingdom is a short 2.7 miles from the property, the popular Blizzard Beach water park is located just 4.5 miles away, and Disney’s Hollywood Studios is 6.5 miles from the subject property, providing straightforward access to Orlando’s world-famous attractions and entertainment. Walt Disney World is approximately 9.5 miles away, featuring Magic Kingdom (8.3 miles from subject property), while SeaWorld Orlando, Disney’s Hollywood Studios, and Universal Studios (including the highly anticipated Epic Universe) are all within 20 miles. The $1 billion Epic Universe, featuring five immersive fantasy-themed worlds, is expected to open by summer 2025, attracting millions of visitors annually presenting an opportunity to significantly increase hotel demand in the area.

PROPERTY OVERVIEW:

The subject property was opened in 1984 and appears to be in good condition. Since acquiring the property in 2016, current ownership is estimated to have spent approximately $2,700,000+/- in renovations to meet brand standards. Recent renovations between 2023-2024 are estimated to total approximately $143,000+/-, and include new AC units, new guest room locks, new security cameras and new carpet. Additionally, ownership has ordered a new building sign featuring the updated logo; installation is pending scheduling by vendor. Ownership recently had a Quality Assurance Review Summary Report completed 08/14/2024 with an overall score of 87.9%. Due to an ongoing capital improvement plan since acquiring the subject property, current ownership has noted the change of ownership PIP would be approximately $100,000+/-; though this figure is only a preliminary estimate. *The actual PIP requirements must be verified directly with Choice Hotels, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership. The Recipient is solely responsible for independently verifying all such matters.

MARKET OVERVIEW:

Located in the highly sought-after market of Kissimmee, Florida, the property benefits from its proximity to an extensive and diverse range of demand generators. Its prime location attracts year-round leisure travelers, including tourists visiting world-renowned attractions such as Walt Disney World, Magic Kingdom, Universal Studios, and other family destinations. Additionally, the property caters to business travelers attending events at the Orange County Convention Center, as well as international travelers, healthcare professionals, travel nurses, construction workers, snowbirds, and University of Central Florida students and their families. Group business opportunities are also present, which can include sports teams, family reunions, and wedding parties. This offering presents a unique opportunity for investors to acquire an established cash-flowing Quality Inn & Suites in the Orlando-Kissimmee-Sanford MSA—one of the largest and most vibrant tourist markets in the world.

NEARBY DEMAND GENERATORS:

• Disney’s Animal Kingdom Theme Park 2.7 Miles

• Disney’s Blizzard Beach Water Park: 4.5 Miles

• Disney’s Hollywood Studios: 6.5 Miles

• Disney’s Magic Kingdom: 8.3 Miles

• Walt Disney World Theme Parks 9.5 Miles

• Sea World Orlando 11.7 Miles

Property Highlights:

• Quality Inn & Suites Kissimmee by the Lake, A Choice Hotel

• 179-Rooms / 3 Stories / Exterior Corridor

• Year Built - 1984 Concrete Block Construction**

• $2.7M+/- in Renovations (2016-Present)

• Absentee Ownership (Potential to reduce costs and improve NOI)

• Amenities Include: Business Center, Outdoor Pool, Sun Deck, Elevator, Guest Laundry Facilities

** Per Property Appraiser report

Location Highlights:

• 2.7 Miles to Disney’s Animal Kingdom

• 4.5 Miles to Disney’s Blizzard Beach Water Park

• 6.5 Miles to Disney’s Hollywood Studios

• 8.3 Miles to Disney’s Magic Kingdom

• 9.5 Miles to Walt Disney World Parks

• 11.7 Miles to SeaWorld Orlando

• 13.7 Miles to Orange County Convention Center

• 16.0 Miles to Fun Spot Kissimmee

• 16.8 Miles to Universal Studios

• 22.5 Miles to Downtown Orlando

• 31.5 Miles to Legoland Florida

Financial Highlights:

• List Price of $10,900,000

• T12-April 2025 Room Revenue - $3,561,065 Room Revenue

• T12-April 2025 Project RRM - 3.09x Project RRM

• T12-April 2025 Project Cap Rate - 8.02% Project Cap Rate

• Year 1 Projected Room Revenue - $3,722,788 Projected Room Revenue

• Year 1 Projected Project RRM- 2.95x Projected Project RRM

• Year 1 Projected Project Cap Rate - 8.38% Projected Project Cap Rate