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670 E Vine St
Kissimmee, FL 34744
Renovated 40-Rm Motel on US 192 near Disney · Hospitality Property For Sale · 17,329 sq ft

INVESTMENT HIGHLIGHTS

  • Price lowered for a quick sale due to personal reasons
  • Cash offers only
  • Price is nearly half of the price of all nearby simiarly sized hospitality properties

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Costar Property Class C
Total Plot Size 1.15 ac
Property Size 17,329 sq ft
No. Floors 2
Year Built/Renovated 1983/2024
Parking Allocation 2.42/1,000 sq ft
Corridor Exterior
Use Class MUPUD, Kissimmee - KMPU

AMENITIES

  • High Speed Internet Access
  • Public Access Wi-Fi
  • Smoke-Free

ABOUT 670 E VINE ST , KISSIMMEE, FL 34744

Special alert! The price has just been adjusted much lower for a quicker sale. The owner will consider cash offers only. Please conduct all independent due diligence research and explore financing methods with real immediate wirable proof of funds before submitting an offer. The owner will cooperate fully with detailed onsite inspections and in person meetings to go through the day to day operations. Whenever ready to proceed with the purchase, the buyer is to submit a non-refundable deposit and to sign the purchase agreement simultaneously with a one-week only escrow closing. The tile company has been on a stand-by mode to close any time. This amazing independent motel property located in the very heart of Orlando is a precious opportunity to own a great asset on the popular commercial district on US192 to run a successful hospitality business. Since the owner has owned and taken care of the property for over 30 years and ready to retire, the price is absolutely the most attractive factor compared with many other nearby lodging properties. All rooms, building electricity and plumbing have recently been renovated and upgraded. Some cosmetic make-over may be necessary to re-establish a new brand or a flag. The earth-filled old swimming pool could also be reopened to set up a new recreation area. A property tour with detailed inspection is a must to get to appreciate the real value for the money. A new owner with savvy online marketing skills can greatly benefit from this centrally located business asset after some renovations to rebuild a new brand under professional management style. The business is currently not even on OTAs such as Expedia.com or Booking.com, etc. There is plenty of upside room to grow!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-25-29-00U0-0030-0000
Land Assessment
£335,975
Improvements Assessment
£530,472
Total Assessment
£866,447
  • Listing ID: 33942795

  • Date on Market: 21/11/2024

  • Last Updated:

  • Address: 670 E Vine St, Kissimmee, FL 34744

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