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28823897
28823898

12101 Challenger Pkwy, Orlando, FL 32826 For Sale

KH
FL FL 3262069
Grizzard Commercial Real Estate Group
CC
FL 3292929
Guidance Hotel Group
Listed by Grizzard Commercial Real Estate Group, Guidance Hotel Group
$9,500,000
222 days on market
Updated 31 days ago

Best Western Plus Orlando East - UCF Area

Details
Property Type Hospitality
Sub Type Hotel
Keys 70
Cap Rate 9.47%
NOI $900,000
Pro-Forma Cap Rate 10%
Pro-Forma NOI $950,000
Year Built 1998
Year Renovated 2025
Buildings 1
Acreage 1.930
Investment Type Owner/User

70 key interior hotel located at entrance to UCF and research park with major revenue growth

Marketing description

The Best Western Plus Orlando East – UCF is a 70-room three story interior corridor upper midscale hotel built in 1998 and renovated in 2022 when it converted from a Comfort Suites to the Best Western Plus. The property is situated on 1.93 acres with 72 parking spaces with an I-3 county zoning which is an industrial zoning. Amenities include an outdoor pool, business center, breakfast area, workout facility, sundry center and meeting and event space. Construction is reinforced concrete.

The property is located one mile from the UCF campus including all of its stadiums and arenas for hosting major national sporting events. The property centrally located near multiple local business generators such as, Siemens, Lockheed Martin, Northrop Grumman and the Central Florida Research Park as further described in the Location Description section of this package.

University of Central Florida: With a student body of nearly 70,000 students the University of Central Florida is a metropolitan research university located in Orlando, one of the most visited cities in the world. UCF benefits from a diverse faculty and staff who create a welcoming environment, a high quality of life, and opportunities to grow, learn and succeed. The University of Central Florida has the second largest on campus student body in the United States and is part of the Big 12 football conference.

Central Florida Research Park (CFRP). The CFRP is a research part abutting the campus of the University of Central Florida. It is the largest research park in Florida sitting on over 1,000 acres, with 126 business partners and more than 10,000 employees.

Investment highlights

$9,500,000 Purchase Price

$120 ADR

One of a kind location entering University of Central Florida and 1,200 acre research park focused on defense contractors

Ownership recently signed multiple corporate contracts that were not present in 2025

Renovations completed in 2023 and 2025

Located in an Orlando market not dependent on typical Orlando tourism

Listing Contacts

KH
FL FL 3262069
Grizzard Commercial Real Estate Group
CC
FL 3292929
Guidance Hotel Group
Listed by Grizzard Commercial Real Estate Group, Guidance Hotel Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$900,000.00
$75,000.00/mo

Valuation Metrics

0
DSCR
9.47%
Cap Rate
9.47%
ROI

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Additional Information

Name
Kent Hricko
License
FL 3262069
Brokerage Phone
3862990090
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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