A Great Cash Flow Opportunity At below market occupancy this property is generating a stellar cash flow and with alternative (owner) financing (discussed privately) the Cash on Cash return is over 18% and upon market occupancy over 5-years the Cash on Cash return is over 35% (IRR). (These calculations do not include the restaurant income) The hotel opportunity has a vacant restaurant on site once leased with generate an additional income increasing the pro-forma of over 23% cash on cash return. This Inn has been serving Apopka and greater Orlando area for more than 25 years. 61 newly renovated rooms with high end luxury furnishing allowing for additional upside in the ADR. Great pool area On site Restaurant (6,240 sf) with a new NNN lease. On site Billboard with current NNN lease of $8,000 per year. The current ownership does not advertise and maintains high occupancy year-round.
This hotel sits less than 5-miles from the new (under construction) Florida Hospital campus and medical complex. The hotel is currently Independently run but offers an easy branding to a Flagged Hotel.