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2776 Destination PkwyOrlando, FL 32819

92-key IHG Hotel near Epic Universe

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 92-key Holiday Inn Express, built in 2021, boasts a prime location in Orlando, Florida, just one mile from Universal's highly anticipated Epic Universe theme park. The five-story, concrete structure sits on 1.54 acres at the southwest corner of Destination Parkway and S. John Young Parkway, benefiting from high visibility and easy access. The hotel features an outdoor heated pool, fitness center, business center, complimentary breakfast, and meeting space. Its proximity to major attractions, including Universal Studios, SeaWorld, Icon Park, and Aquatica, ensures a diverse guest base including leisure and business travelers, theme park visitors, and students. The hotel's strong performance is further enhanced by its location near significant demand generators, including the University of Central Florida's Rosen School of Hospitality. The anticipated opening of Epic Universe in 2025 is projected to significantly increase hotel demand, offering investors a unique opportunity to capitalize on this growth. The property's recent financial performance shows a twelve-month net operating income of $676,240 and room revenue of $2,905,539 (March 2024). Projected figures for year one post-Epic Universe opening show a substantial increase to $1,275,996 in net operating income and $3,680,368 in room revenue. This investment presents a rare chance to acquire a newly constructed, high-performing hotel in one of the world's largest tourist markets.

Property Details for 2776 Destination Pkwy

Property type
Hospitality properties, Motels
Year Built
2021
Buildings
1
Stories
5
Lot Size (sq. ft)
67,082 SF

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.4372311
Longitude
-81.4283705
2776 Destination Pkwy, Orlando, Florida

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2776 Destination Pkwy
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