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3755 Cheney Hwy
Titusville, FL 32780

Price Upon Request

Hotel For Sale • 63,475 SF

Property Details

Property Type Hotel
Total Building Size 63,475 SF
Lot Size 4.17 AC
Building Class C
Year Built 1975
Tenancy Multiple
Zoning T, Titusville

0 Transit Score

21 Walk Score

                
                    Highlights
                
                                List Price of $9,650,000 • Net-Leased IHOP Restaurant Included in the Sale - $61,901 in NOI Annually, Below Market Lease
                            
                                Recently Completed Dawn Package Renovation
                            
                                2BR/1BA Apartment Located On-Site – Full Kitchen, 900 SF, Furnished & Rentable (in addition to the 141 rooms)
                            
                                $63,121 Per Key (+ additional 2BR/1BA furnished apartment w/kitchen on site)
                            
                                Cap Rate 9.2%* | 3.04x RRM*
                            
                                YE 2024 ADR / Occupancy / RevPAR: $83.02 ADR / 69.50% OCC / $57.70 RevPar

Amenities

Business Center
Pool
Restaurant
Meeting Event Space

Public Transportation

Airport	Drive	Walk	Distance
Orlando International	43 min	-	36.0 mi
Melbourne Orlando International	50 min	-	38.9 mi
Orlando Sanford International	60 min	-	41.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	256
Type:	Surface
Included in Rent:	Yes

3755 Cheney Hwy OFF MARKET Titusville, FL 32780 OFF MARKET