335 Room BANK OWNED REO 1 YEAR NO PAYMENTS
3835 McCoy Road, Orlando, FL 32812

Price:
$7,999,000
No. Rooms:
335
Building Size:
198,000 SF
Price/Room:
$23,877.61
Property Type:
Hotel & Motel
Property Sub-type:
Full Service
Property Use Type:
Investment
Distressed:
Yes
Average Daily Rate:
$89
No. Stories:
3
Year Built:
1971
Corridor:
Yes
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Last Verified  7/12/2010 Listing ID  16286798
Highlights
Only Hotel in the market with convention & Meeting room facilities
Nightclub with stage & full liqour
Full Service Kitchen & resturaunt
Description
We are proud to present The Florida International Hotel. The property consists of 335 Rooms at the entrance to the the Orlando International airport and within 6 miles to the Lake Nona Medical complex. This is the one and only hotel facility in the surrounding market to offer 9,000 sqft of meeting facilities on site. The property is currently vacated but has all operational equipment in place for a new owner to open the facility over night. The property has a full service resturaunt and banquet facility as well as a niteclub with full liqour capabilities. Broker has a complete package and PIP sheet from major Flag on the property for your review..
The Lender Owner has authorized us to announce the following financing terms for this Asset: 20% down payment / 1 year free interest and 1 year deferred payments.The lender is open to offering finacing for this facility to EXPEIRENCED and QUALIFIED buyers. Bank is open to all cash offers at a significant discount to listing price.