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Lee Gardens Extended Stay Hotel 830 Lee Rd

144 Room Hotel Orlando, FL 32810 For Sale

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Investment Highlights

145 Units
Great Location With Bus Stop on Site | McDonald’s, Walmart Neighborhood Market, 7-Eleven, Home Depot, Starbucks, and Denny’s
Across the Street from One of Central Florida’s Finest Restaurants

Deep Value Add Opportunity
Situated on Lee Rd (36,500 AADT) with Immediate Access to Interstate 4 (170,000 AADT)
2.5 Miles to Downtown Winter Park | Home to World-Class Dining, Unique Shopping and One-of-a-Kind Experiences

Executive Summary

Building Recently Renovated | Many Possible Uses in the Future Including Assisted Living Facility, Multi Family or Flagged Hotel | Cost of new Construction Would be Over $30MM

Offering Memorandum

Financial Summary (Actual - 2023) Click Here to Access	Annual (CAD)	Annual Per SF (CAD)
Gross Rental Income	-	-
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	-	-
Net Operating Income	$99,999	$9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual	-
Annual Per SF	-

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	-
Annual Per SF	-

Net Operating Income (CAD)
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Sale Type	Investment	No. Rooms	144
Sale Conditions	Build to Suit	No. Stories	5
Property Type	Hospitality	Year Built/Renovated	1985/2006
Property Subtype	Hotel	Tenancy	Single
Building Class	C	Parking Ratio	1.7/1,000 SF
Lot Size	1.77 AC	Corridor	Interior
Building Size	69,776 SF

Sale Type	Investment
Sale Conditions	Build to Suit
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	1.77 AC
Building Size	69,776 SF
No. Rooms	144
No. Stories	5
Year Built/Renovated	1985/2006
Tenancy	Single
Parking Ratio	1.7/1,000 SF
Corridor	Interior

Amenities

Business Center

Pool

Meeting Event Space

Room Mix Information

Description	No. Rooms	Daily Rate	SF
Guest Room	144	$161.54 CAD	-

PROPERTY TAXES

Parcel Number	29-2202-0000-00-060	Improvements Assessment	$3,202,154 CAD
Land Assessment	$1,881,990 CAD	Total Assessment	$5,084,144 CAD

PROPERTY TAXES

Parcel Number

29-2202-0000-00-060

Land Assessment

$1,881,990 CAD

Improvements Assessment

$3,202,154 CAD

Total Assessment

$5,084,144 CAD

zoning

Zoning Code	C-2, Orlando (C-2 - Allows Healthcare/Medical, Assisted Living, Nursing Home, Hospital, Rehabilitiation Centers)
C-2, Orlando (C-2 - Allows Healthcare/Medical, Assisted Living, Nursing Home, Hospital, Rehabilitiation Centers)