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100-room, 3.66-acre Airport Lakefront Hotel with Restaurant

Hospitality | 100 Keys

Listing Contacts

Active

Asking Price: $10,750,000
Address 

3200 S Orlando Dr, Sanford, FL 32773

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Date Added
Dec 19, 2024
Days on Market
181 days
Time Since Last Update
75 days

Details

Property TypeHospitality
SubtypeHotel
Investment TypeOwner/User
Square Footage40,414
Keys100
Year Built1973
Year Renovated2
Buildings2
Stories2
ZoningCommercial
Lot Size (acres)3.66
Broker Co-OpYes
APN11-20-30-300-0060-0000
OwnershipFee Simple
Sale Condition1031 exchange
IntelligenceINTELLIGENCE
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Marketing Description

This wonderful lake-front independent motel with a dock is one of the few nice lodging properties located near the Orlando Sanford International Airport.​ With the inevitable future growth of Greater Orlando, it is well positioned to accommodate the explosive expansion of the future use of an alternative airport in Central Florida along the I-4 corridor from Orlando to Daytona Beach.​ It is a precious opportunity to own a major hospitality asset right before that high growth begins.​ The owner has owned and taken great care of the property for over 30 years, having raised their family in this unbelievable water-front paradise.​ All rooms, building structures and swimming pool are in good shape.​ Although the business has been quite profitable there are still many untapped future growth potential.​ The restaurant, commercial grade kitchen and the conference room have not been operating for a long time and there exists a great opportunity for the new owner to start a restaurant or lease it to a restaurant operator as well as to use the conference room and the huge lake-front open space for many events.​ This will not only increase direct revenue but also create synergy for many more lodging customers.​ Ideas are unlimited for a new owner with savvy marketing skills to double or triple the revenue for the property.​ There is an opportunity to sign on a flag to get plenty of incentives from a major franchise company for the new owner.​

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Additional Information
Broker Name
Ralph Liu
Broker License
FL FL CQ1066025
Brokerage Name
InvestorsAlly Realty
Broker Title
Real Estate Broker
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