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29834743
29834723

4985 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34746

CC
FL 3292929
Guidance Hotel Group
Listed by Guidance Hotel Group
$10,500,000
106 days on market
Updated 106 days ago

4985 W Irlo Bronson Memorial Hwy

Details
Property Type Hospitality
Sub Type Hotel
Cap Rate 13.47%
Year Built 1985
Year Renovated 2025
Acreage 3.490

Hospitality | 13.47% CAP

Marketing description

The Clarion Inn and Suites Kissimmee-Lake Buena Vista South is a 137 room exterior corridor hotel being offered for sale, fee simple, priced at $10,500,000.00. The asking price represents a $76,642 per room cost for the hotel. On a per-key basis, the property is significantly below replacement value and in line with recent property sales in the market. The property was partly renovated in 2025 with 30 rooms still needing partial renovation to bring to current brand standards. However, the highest and best use of the property is likely a conversion to service extended stay clientele. Another avenue could be to take the property into an alternative use direction whether it be for homelessness mitigation or work related long term accommodations.

The hotel's location is ideal for the extended stay demand that the Orlando market offers and investors look for. The property is located five minutes from Disney World and Lake Buena Vista and less than 15 minutes from Universal Studios, International Drive and the Orange County Convention Center. The property is near the new Magic Place development which broke ground last year. Magic Place Phase one will include a 25 story, 251 unit upscale resort with 40,000 square feet of retail and a 20,000 square foot office building. The subject hotel is located perfectly for guests trying to be near all that Orlando has to offer, but not wanting to pay the high prices that some of the closer locations demand.

Investment highlights

  • 24 Hour Reception Area
  • Complimentary Hot Breakfast
  • Laundry Facilities
  • Heated Pool and Hot tub
  • Fitness Center
  • No Pet and No Smoking Policy
  • Excellent Location for Public Transport

Listing Contacts

CC
FL 3292929
Guidance Hotel Group
Listed by Guidance Hotel Group

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