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Orlando International Hotel & Convention is selling for 8.9Mil..This property is worth 29Mil
Ple...
54 views
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Orlando International Hotel & Convention is selling for 8.9Mil..This property is worth 29Mil<br />
Please read more details below...<br />
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340 ROOMS ORLANDO INTERNATIONAL CONVENTION HOTEL<br />
HUGE UPSIDE POTENTIAL WITH REBRANDING<br />
3835 MCCOY ROAD, ORLANDO, FL<br />
<br />
PROPERTY DESCRIPTION:<br />
BUILDING SQ. FT.: 198,000<br />
LAND ACRES: 9.3<br />
Rooms: 340<br />
Asking: 8.9mil.<br />
<br />
<br />
GREAT OPPORTUNITY TO BUY 340 ROOMS CONVENTION HOTEL<br />
LOCATED ON BUSY 528 NEXT TO ORLANDO INTERNATIONAL<br />
AIRPORT. PROPERTY IS SPLIT AS TWO HOTELS, ONE IS A 4<br />
STORY BUILDING AND THE OTHER IS A 2 STORY BUILDING,<br />
WITH INTERIOR AND EXTERIOR HALLWAYS. AREA COMPARABLES<br />
ARE AT $60,000 TO $80,000 PER DOOR.<br />
PROPERTY NEEDS REBRANDING<br />
AND UPGRADING FOR HUGE UPSIDE POTENTIAL.<br />
CAN HANDLE 450+ PERSONS FOR DINNER EVENTS IN THE GRAND<br />
BALL ROOM. AMAZING POOLS AND GRAND ENTRANCE.<br />
<br />
EXCELLENT OPPORTUNITY TO REBRAND HOTEL WITH NATIONAL<br />
RESERVATION SYSTEM. LAND ALONE WAS APPRAISED<br />
AT 10 MILLION NOT INCLUDING THE HOTEL.<br />
RIGHT NEXT TO ORLAND INTERNATIONAL AIRPORT AND 528<br />
MINUTES FROM DISNEY WORLD AND UNIVERSAL STUDIOS.<br />
<br />
***** We'll pay you $9,000 referral if you can find us a buyer********
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If you are interested,please contact C.Michell at 504-339-1018 or by email cmichell92@gmail.com<br />
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7/25/09 9:30 AM
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Did anyone see this news flash? With the banking industry in shambles it is hard to fathom top bank...
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<font color="#1C1C1C">Did anyone see this news flash? With the banking industry in shambles it is hard to fathom top banking executives introduced the 'Community Choice in Real Estate Act' which would amend the 1956 Bank Holding Company Act to allow banks to engage in real estate brokerage services. There argument designed to gain support for banks to engage in brokerage services claims, "added competition", would increase choice for the America's homeowners and home buyers. This is the same argument bankers used to undermine banking regulations which resulted in the 2008 collapse.</font>
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<font color="#1C1C1C">During the introduction of the Community Choice in Real Estate Act on Friday, Sen. Boxer said, "Permitting banks to engage in real estate commerce could compromise their lending decisions and create conflicts of interest while restricting consumer choice and competition among mortgage lenders." After the effects "conflicts of interest" has had on devastating our banking industry, please spare the real estate brokerage industry from a similar fate and send the bankers back to work on repairing their own houses. </font>
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3/7/09 12:14 PM
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