Specialty Real Estate - For Sale
5995 West Irlo Bronson Memorial Highway Celebration, FL 34747
Details & Description
Price: $10,500,000
  • Property Type Specialty for Sale : Hotel/Motel/Resort
  • Lot Size Acres 0.000
  • Building Sq Ft 93,280
  • Building Price per Sq Ft $112.56
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 200-room Rodeway Inn Maingate located in Kissimmee, Florida. Kissimmee is part of the Orlando-Kissimmee-Sanford, Florida Metropolitan Statistical Area (MSA), a region with a population of over 2.5 million people. The area is a major tourist market for the State of Florida, as the property is located a short drive to Walt Disney World, the most visited vacation resort in the world, welcoming an average of 52 million visitors every year. Located less than 10 miles away from demand generators including: ESPN Wide World of Sports, Epcot, Magic Kingdom, Animal Kingdom, Kissimmee Gateway Airport and more. The Rodeway Inn offers investors the opportunity to acquire a 200-room hotel with retail components, as well as a potential buy-right multifamily redevelopment opportunity in a robust tourism market.
Property Highlights
 Rodeway Inn and Three Net-Leased Retail Properties with Minimal PIP Costs and a Potential Conversion
 Opportunity to Multifamily in the Kissimmee Market
Listing Agents
David Greenburg

O: 954-245-3449
david.greenberg@marcusmillichap.com
Christopher Passeggiata
Marcus & Millichap
O: 954-245-3581
christopher.passeggiata@marcusmillichap.com
Gabriel Shamay
Marcus & Millichap
O: 954-245-3430
gabriel.shamay@marcusmillichap.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

5995 West Irlo Bronson Memorial Highway

Celebration, FL 34747

Rodeway Inn Maingate

Listing ID: 275654
$10,500,000
For Sale
  • Property Type Specialty for Sale : Hotel/Motel/Resort
  • Lot Size Acres 0.000
  • Building Sq Ft 93,280
  • Building Price per Sq Ft $112.56
  • 5995 West Irlo Bronson Memorial Highway Celebration, FL 34747 | for Sale | Photo 1
  • 5995 West Irlo Bronson Memorial Highway Celebration, FL 34747 | for Sale | Photo 2
5995 West Irlo Bronson Memorial Highway | for Sale | Thumbnail 1
5995 West Irlo Bronson Memorial Highway | for Sale | Thumbnail 2
Property Highlights
 Rodeway Inn and Three Net-Leased Retail Properties with Minimal PIP Costs and a Potential Conversion
 Opportunity to Multifamily in the Kissimmee Market
Description

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 200-room Rodeway Inn Maingate located in Kissimmee, Florida. Kissimmee is part of the Orlando-Kissimmee-Sanford, Florida Metropolitan Statistical Area (MSA), a region with a population of over 2.5 million people. The area is a major tourist market for the State of Florida, as the property is located a short drive to Walt Disney World, the most visited vacation resort in the world, welcoming an average of 52 million visitors every year. Located less than 10 miles away from demand generators including: ESPN Wide World of Sports, Epcot, Magic Kingdom, Animal Kingdom, Kissimmee Gateway Airport and more. The Rodeway Inn offers investors the opportunity to acquire a 200-room hotel with retail components, as well as a potential buy-right multifamily redevelopment opportunity in a robust tourism market.

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Orlando History of Specialty Real Estate for Sale

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Celebration Area Market Trends

Listing Demographics for 5995 West Irlo Bronson Memorial Highway Celebration, FL 34747

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population3,20423,12459,153
Population Median Age363636
Population by Age0-9 Yrs319 (9%)2789 (12%)7396 (12%)
10-19 Yrs248 (7%)2501 (10%)6811 (11%)
20-29 Yrs800 (24%)4569 (19%)10994 (18%)
30-39 Yrs465 (14%)3624 (15%)9133 (15%)
40-49 Yrs625 (19%)3562 (15%)8930 (15%)
50-59 Yrs379 (11%)2791 (12%)7201 (12%)
60-69 Yrs215 (6%)2016 (8%)5295 (8%)
70+ Yrs153 (4%)1271 (5%)3393 (5%)
Median HH Income$49,980$61,936$63,410
Total Household Income< 24K225 (17%)1240 (15%)3073 (15%)
25-49K417 (32%)1927 (24%)4512 (22%)
50-74K217 (16%)1613 (20%)4013 (20%)
75-99K186 (14%)1082 (13%)2629 (13%)
100-199K161 (12%)1508 (18%)4070 (20%)
200K+77 (6%)621 (7%)1557 (7%)
Highest Education LevelNo Diploma16811122947
Diploma or GED42031318009
Some College44527707133
Assoc. Degree33618044607
Bachelors Degree558467511661
Higher Degree36824085889
Total Housing Units3,71317,18239,222
--Owner-Occupied4633,6349,812
--Renter-Occupied8204,35610,043
Owner-Occupied Values< 100K1166921696
100-199K954971270
200-299K697702399
300-399K405421778
400-499K34344900
500K+1117891770
Total Working Age Population2,72418,85447,778
In Work Force2,04113,37733,795
Not In Work Force6835,47713,983
Workforce Employed1,93312,74532,269
Workforce Unemployed1086271,510
Civlian Workforce2,04113,37233,779
Military Workforce0516
Total Households1,2837,99019,855
Family Households6134,78012,741
Non-Family Households6713,2107,114
Married Couple5133,8279,940
Other Family1009532,802
Married w/Child2001,6414,370
Single Male w/Child6111331
Single Female w/Child393621,031

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
Lake County210,528+41297,052+21360,739+21437,201
Orange County896,344+281,145,956+241,415,511+201,693,977
Osceola County172,493+56268,685+42380,703+31500,204
Polk County483,924+24602,095+16699,589+15807,917

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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1038 Sunshine Drive East, Lakeland, FL $995,000 30240 6.88
Closest Commercial Airports
Airport Distance (mi)
Orlando International Airport (MCO) 15
Orlando Sanford International Airport (SFB) 35
Daytona Beach International Airport (DAB) 65
Listing Agent
Listing Co-Agent
David Greenburg - CRE Agent at Marcus & Millichap

Christopher Passeggiata

Listing Co-Agent
David Greenburg - CRE Agent at Marcus & Millichap

Gabriel Shamay

More listings from David Greenburg
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