Active

$8,500,000

Features:
  • 289 Bedrooms
  • 289 Bathrooms
  • 6726 sq ft
Overview
  • ID: MFRTB8416447
  • Bedrooms: 289
  • Bathrooms: 289
  • Size: 6726 sq ft
Property Details
Remarks
Village Inn & RV Park, is a 62-unit hospitality and RV park located at 17883 E Colonial Drive, Orlando, Florida. Situated on 4.75 acres in East Orlando, the property offers a blend of affordable motel units and RV sites. Built in 1953, the property consists of three concrete block buildings totaling 6,726 square feet, configured with 17 motel units (averaging 395 SF) and 45 RV sites. The unit mix supports both short and long term occupancy, making the asset ideal for investors seeking flexible income streams. All electric, water, sewer (septic tanks), and trash are paid by the landlord. Units are equipped with window ACs, and water is supplied by a private well. The property is zoned C-1 and A-2, offering flexible use options and potential for future redevelopment. It also features direct frontage on E Colonial Drive, which sees an Annual Average Daily Traffic (AADT) of 29,642 vehicles, providing excellent visibility and exposure. Located along a major thoroughfare with direct access to Orlando’s eastern suburbs, the asset benefits from high visibility, demand from local workers and transient residents, and proximity to major highways.
Financial Considerations
Price:
$8,500,000
HOA Fee:
N/A
Tax Amount:
$9717.62
Price per SqFt:
$1263.75
Tax Legal Description:
BEG 479.04 FT W OF NE COR OF SE1/4 OF SE1/4 S 19 DEG W 794.67 FT TO ST RD S 70 DEG E 225 FT ALONG RD N 19 DEG E 17.39 FTS 70 DEG E 25 FT TH N 19 DEG E 866.02 FT TH WLY 265.3 FT TO POB IN SEC 21-22-32
Exterior Features
Lot Size:
206910
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
289
Bathrooms:
289
Heating:
Ductless
Cooling:
Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1953
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting
Additional Features 2:
N/A
Map
  • Address
    17883 E COLONIAL DR
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