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