2014 Colonial DrOrlando, FL 32804

This exceptional 107-key Best Western hotel in Orlando, Florida presents a lucrative investment opportunity. The property boasts 62,369 square feet across three buildings on a 2+ acre lot (121,552 sq ft), featuring a two-story, 54,106 sq ft concrete structure with an exterior corridor, plus a 6,227 sq ft adjoining restaurant (Taste of Chengdu) and a 2,036 sq ft one-story office building. The hotel includes 138 parking spaces, a pool, a bar, and a conference room. Recent renovations encompass common areas (furniture, carpet), guest room bathrooms (flooring, vanities, tubs), and repainted walls. Located in downtown Orlando, the hotel benefits from high commercial, corporate, and tourist traffic, including proximity to Disney, Universal, and Camping World Stadium. The property offers a strong pro-forma NOI of $977,303 and a pro-forma cap rate of 10.86%, with an asking price of $9,000,000 ($144.30/sq ft). Built in 1967, the hotel is zoned AC-2 and features manager's living quarters. Significant upside potential exists with owner operation. The property is currently under absentee owner management. Serious inquiries only. Please schedule an appointment prior to visiting the property.