Daily limit: 0/10
The Kobe Japanese Steakhouse Acquires Mai Hana Hotel International Drive In Orlando For $14.5M
SOLD
$14,500,000
Florida
See Similar DealsHotel
Sold 12/08/2023
SOLD
The Kobe Japanese Steakhouse Acquires Mai Hana Hotel International Drive In Orlando For $14.5M
8148 International Drive
See Similar DealsHotel
Sold 12/08/2023
Summary
FLORIDA
Asset Type:Hotel
Transaction Type:Sale
The former Best Western located at 8148 International Drive in Orlando has been sold for $14.5 million to the Kobe Japanese Steakhouse chain owner, Chau Nguyen. The property has been renamed as Mai Hana Hotel International Drive. Covering an area of 2 acres, the hotel is strategically situated near the upcoming Universal Orlando Resort’s Epic Universe project, making it an attractive investment for the Kobe group.
Summary of transation details
- Property Type: Hotel
- Transaction Amount: $14,500,000
- Address: 8148 International Drive
- Market: Orlando
- Acres: 2
Chau Nguyen, representing The Kobe Japanese Steakhouse, played a significant role in this deal. Additionally, Delaney Hospitality partnered with the Kobe group for this property acquisition. With this purchase, the Kobe group now holds over three acres of land in close proximity to the upcoming Universal Orlando Resort’s Epic Universe project.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$773,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$51,515.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$68,737.40
Annual Debt Service$824,848.77
Is there something missing? Send suggestions