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About this home
5995 W Irlo Bronson Memorial Hwy is a 1984-built home in Acreage & Unrec, Kissimmee. Listed at $32,000,000 (about $335/sqft), 176 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
Virtually Staged. Virtually Staged. **Commercial Opportunity: Ascend Hotel - Renovation and Sale** **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**
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Quick answers.
Price
$32,000,000
$335 per sq ft
Size
95,480 sq ft
Time on market
222 days
Year built
1984
Monthly payment
About $196,988/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $169,137 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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