Fisher Auction Company and HREC Investment Advisors, as exclusive marketing agents, are pleased to present a unique opportunity to acquire the trophy asset Crowne Plaza Orlando Universal Hotel in Orlando, Florida.
This is a United States Bankruptcy Auction via Online Auction scheduled for March 16, 2021. The Seller has Secured a Stalking Horse and the opening Bid is $28,532,500 plus the 3% Buyers Premium. This 14 Story, 336,758± SF Luxury Hotel includes 400 Rooms, 10,226± SF of Ballroom/Meeting Space, 2 Restaurants and sits on 4.74± acres extremely well located along Universal Boulevard.
The Prime Location is in close proximity and easy access to I-4, Florida’s Turnpike and 528 Expressway and within minutes to Universal and Disney Attractions, Orlando International Airport, Orange County Convention Center, Icon Park, Restaurant Row (Sand Lake Road) and upcoming Epic Universe.
The Resort is one of the most attractive hotels available in the submarket with relatively new 2002 construction. Superb Functionality will support Profit Maximization as the Hotel is well proportioned and has all the requisite features and amenities in place.
AUCTION SUBJECT TO TERMS OF SALE. 1% BROKER PARTICIPATION.
Sale Pursuant to 11 U.S.C. § 363 United States Bankruptcy Court Middle District of Florida | Orlando Division Universal Towers Construction, Inc. | Case 6:20-bk-03799-KSJ