AUCTION OVERVIEW
Excellent Location
The OYO Townhouse Orlando West is conveniently located at the intersection of HWY 429 and HWY 50, providing easy access to world-famous theme parks, sports facilities, and shopping centers. Less than five minutes from the hotel is Manheim Auto, the world’s largest wholesale auto marketplace. Spanning over 268-acres, this reconditioning center can service over 160-cars a day, operated by their 436-employee team. Approximately five-minutes from the hotel, guests will find Orlando Health, the fourth largest employer in Central Florida. With over 23,000 employees and 3,200 beds, Orlando Health is a prominent healthcare institution in the region. The Amway Center, a premier sports and entertainment venue, is located approximately 16 minutes from the hotel. Hosting over 225 events annually, including major concerts and sporting events, the Amway Center attracts more than 1.3 million visitors annually. Additionally, within a 20-minute drive from the hotel, guests can explore the world-renowned Walt Disney World. Spanning over 43 square miles, this iconic theme park welcomes over 58 million visitors annually and boasts an array of attractions with more than 173 rides.
Significant Upside with Rebranding Opportunity
Significant upside is available for new ownership to rebrand the hotel as a premium branded asset. A new owner has the opportunity to terminate the OYO franchise agreement allowing for a brand conversion that will allow for the growth of RevPAR and NOI to levels well exceeding in-place metrics.
Offered at Auction via RI Marketplace Auction Platform
The auction will be live from February 26th-28th. Click HERE to view the property auction page.
11241 W Colonial Dr, Ocoee, FL 34761