UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 95,480 sqft
Price per Sqft $335
Subdivision Acreage & Unrec
MLS Listing ID O6376602
Construction Status Under Renovation
HOA Y/N No
Year Built 1984
Annual Tax Amount $169,137
Lot Size 7.460 Acres
Acres 7.46
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
**Investment Overview:**
Presenting a unique opportunity to acquire the 200-room Ascend Hotel, which is currently undergoing a complete renovation as it transitions to become part of the Choice Hotels Collection. This property is strategically located just minutes from Disney, making it an ideal investment for developers or investors looking to tap into the thriving hospitality market in this sought-after area.
**Current Status:**
The Ascend Hotel is presently closed and not yet open to guests. The ongoing renovations are designed to revitalize the property and enhance the overall guest experience. Planned updates include modernized guest rooms, upgraded facilities, and stylish common areas, all aimed at creating a welcoming atmosphere for future visitors.
**Prime Location:**
Strategically positioned only minutes from Disney, this hotel offers unparalleled access to one of the world's most popular tourist destinations. The location provides significant potential for occupancy and revenue as it caters to families, couples, and travelers seeking proximity to the magical attractions of Disney.
**Renovation Plans:**
The comprehensive renovation will include:
- Upgraded accommodations featuring modern furnishings and state-of-the-art amenities.
- Enhanced on-site dining options to appeal to various guest preferences.
- Improved common areas designed for relaxation and social interaction.
**Investment Potential:**
With the significant ongoing renovations, the property is primed for a successful rebranding upon completion. Its strategic location and planned upgrades make the Ascend Hotel an attractive investment opportunity for those looking to enter or expand their presence in the hospitality sector.
**Conclusion:**
The Ascend Hotel is being offered for sale at a pivotal moment, as it prepares to become an appealing destination for travelers just minutes from Disney. This property offers investors an exciting chance to capitalize on the future of this hotel as it transitions into a modern hospitality experience. Contact us today for more details and to explore this exceptional opportunity!
**Photos are all renderings of projected renovations**
Location
State FL
County Osceola
Community Acreage & Unrec
Area 34747 - Kissimmee/Celebration
Zoning OAC
Interior
Heating Wall Furnace
Cooling Mini-Split Unit(s)
Flooring Carpet
Exterior
Utilities Available Public
Roof Type Shingle
Building
Lot Description Landscaped, Paved
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 5 to less than 10
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Under Renovation
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6376602
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