Titusville, FLThe Ramada Titusville/Kennedy Space Center hotel is a 124-Key parcel located near Kennedy Space
Center, where it’s also easy to reach popular attractions like Cape Canaveral. Quick access to I-95
allows customers to be in Orlando theme parks in less than an hour.
This highly desirable location is just 12 miles away from Kennedy Space Center and contains a number
of demand drivers that include but are not limited to, Merrill Island Wildlife Refuge and Cocoa
Beach. This primely located Hotel features recent renovations of over 400,000 Dollars in entire new
building ceilings, walkways, corridors, carpets and offices in 2019 and 2020.
Operationally, the hotel has achieved a gross revenue of 1,009,775 Dollars Year to Date in September
of 2020. Although the property has experienced negative net operating income growth from 2019 to
2020, business will inevitably continue to grow year over year. Along with room revenue, this property
encompasses a 24-Hour Denny’s, providing an additional source of leased revenue of over 70,000
Dollars in 2020.
Address3500 Cheney Hwy, Titusville, FL 32780
Price$7,300,000
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Ahmed Kabani