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700 Bloom St, Kissimmee, FL...

Rudy Reudelhuber Sells Bohemian Hotel Celebration, Autograph Collection In Kissimmee, FL
SOLDHotel

Rudy Reudelhuber Sells Bohemian Hotel Celebration, Autograph Collection In Kissimmee, FL

700 Bloom St, Kissimmee, FL, 34747

Building Size

Asset Type

Hotel

Closing

Nov 22, 2023

AI

The Bohemian Hotel Celebration, Autograph Collection, a 115-room hotel in Celebration, Florida, part of the Orlando market, was recently sold. The upscale hotel sits on a 2.34-acre campus near the Walt Disney World resort and the ESPN Wide World of Sports complex. The property features 115 guest rooms, with 43 rooms containing balconies. It includes amenities such as an outdoor heated pool, lakeside restaurant, and nearly 5,000-square-feet of meeting space.

Summary of transation details:

Rudy Reudelhuber, a representative from Hodges Ward Elliott, facilitated the sale. The boutique real estate capital markets advisor, with offices in various locations, successfully closed the deal for this luxury hotel. The Bohemian Hotel Celebration is noted for its unique investment opportunity with consistent revenue and net operating income in a prime tourist location.

Players

Rudy Reudelhuber

Hodges Ward Elliott

Broker

$43.8M

vol

2 deals

Broker

Kissimmee Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93