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Sunset Palm Hotel 44199 Highway 27 N

152 Room Hotel Davenport, FL 33897 For Sale

Investment Highlights

  • Surrounded by Restaurant retailers Wendy's Denny's, Waffle House and Cracker Barrel
  • Major retailers include Target, Petsmart, Ross Dress for Less and Hobby Lobby
  • Nationally recognized hotels include Hampton Inn, Holiday Inn Express & Suites Orlando

Executive Summary

152 existing hotel rooms Sunset Palm Hotel, located in Davenport, FL. The 2.1-acre property is a two-story independent hotel located directly off the intersection of HWY 27 and Interstate I 4.
The property is strategically located close to one of the strongest hotel markets in the country. Major interest generators like World Disney World, Sea World, Universal Studios, Orange County Convention Center, and the Orlando Premium outlets, are all located less that 30 minutes away from the Hotel.
The Sunset Palm Hotel offers investors the opportunity to acquire an recently renovated, amenity-rich property, in Central Florida.
HOTEL LIQUOR LICENSE
The sale of the hotel includes the H-4COP Hotel Liquor license with an estimated value of $ 600,000 to a qualified buyer.
15 Min from Disney world, Epcot Center and Universal Studios.

Attachments

SunsetPalm_OfferingMemo-2
$ 1.2 million SPH improvement package since Sept 2021

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type Investment
Sale Conditions
Design & Build
  • Development Sale
  • Shell & Core
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 2.01 AC
Building Size 65,000 SF
No. Rooms 152
Number of Floors 2
Year Built/Renovated 1973/2003
Parking Ratio 2.46/1,000 SF
Corridor Exterior

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wi-Fi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 152 £83.72 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 27-26-07-000000-041140
  • 27-26-07-000000-041090
Land Assessment
£804,604
Improvements Assessment
£40,830
Total Assessment
£2,775,506
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023

zoning

Zoning Code C3 (permits a wide range of regional commercial activities)
C3 (permits a wide range of regional commercial activities)
  • Listing ID: 33097873

  • Date on Market: 07/09/2024

  • Last Updated:

  • Address: 44199 Highway 27 N, Davenport, FL 33897

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