CENTRAL FLORIDA FULL SERVICE
GROSS: $2,664,214 NET: $501,562
PRICE: $4,750,000
100 (+/-) UNITS

    This property is located in Central Florida, in the heart of the "Horse Capital of the World", and across the street from one of Florida’s premier tourist attractions, a 350 acre theme park visited by millions of tourists each year. The property is the largest and nicest, in terms of ambiance, condition and amenities, of any in its competitive set. Because of its premier position, condition and amenities, there really is no direct competitor. The property is also advantaged with having a major national chain restaurant on site, which equals the hotel in terms of annual sales. This restaurant contributes approximately $265,000 to the bottom line.
    Originally built in 1972, and still operated by the original owners, it has been constantly updated and refurbished over the years, including a major exterior renovation which was completed in June of 2001 and a complete renovation of all rooms, including new knockdown on the walls and all new interiors, which was completed in January of 2003. The hotel sits on a 4.76 (+/-) acre site, which contains a 2.5 (+/-) acre out parcel to the rear of the property, which could be used to develop an extended stay facility, an assisted living facility, duplexes, triplexes, apartments or other commercial enterprise.
    The property contains 17 king rooms, 2 queen rooms which are ADA compliant, 2 suites and the balance in double doubles. Amenities include a 120 seat banquet room, meeting space for 50, tropically landscaped pool area with an oversized heated swimming pool, guest and house laundries and extensive parking.
    The area surrounding this hotel is in a strong developmental phase, with Lowes, UPS, Home Depot and others constructing and establishing a presence in the area. Since the hotel is the only full service property in the market and strong on amenities, it attracts 100% of all room nights generated by this commercial activity.
    Room sales are now in an upward trend. Take action now and profit.

    FULL SERVICE AT AN 11 CAP!!

   FLORIDA RESORT GROUP, INC.
PHONE (727) 524-0066/frg@gate.net/www.frgi.com
Broker is an agent of and paid by the Seller. This document does not constitute or imply an offer of sub-agency to any other Broker
All information is obtained from Seller or Seller’s Agent and is believed to be accurate, but is not warranted by the Broker. #1184