Orlando North Hotel
Hodges Ward Elliott ("HWE") is pleased to offer for sale the fee-simple interest in the Sheraton Orlando North Hotel (the "Hotel" or "Property"), a 389-room, full-service hotel positioned at the intersection of I-4 and State Road 414 in Maitland, Florida. The Property is the largest in the area and features 22,900 square feet of flexible meeting and event space and benefits from outstanding visibility and access to Winter Park, Maitland, Downtown Orlando, and the theme park district.
Orlando remains the most visited travel destination in the United States, welcoming over 77 million visitors in 2025, and consistently ranks as the nation's premier meetings and conventions destination. Offered unencumbered of existing management and free and clear of financing, the Sheraton Orlando North Hotel represents a compelling opportunity to acquire a Marriott-flagged, full-service asset at a meaningful discount to replacement cost.
Orlando North Hotel
| ADDRESS: | |
| Rooms: | 389 |
| Floors: | 5 |
| YEAR BUILT: | 1984 |
| Year Renovated: | 2019 |
| F&B Outlets: |
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| MEETING SPACE: | 22,900 SF |
| Parking: | Self-Parking $20.00 / Day |
| Amenities: |
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| INTEREST: | Fee Simple |
| Management: | Unencumbered |
| Labor: | Non-Union |
Investment Highlights
Located in a Prime Leisure And Corporate Market
The Sheraton Orlando North Hotel is strategically positioned at the intersection of I-4 and State Road 414 (Maitland Blvd), one of the most accessible and visible locations in the Orlando MSA. The Property benefits from exceptional visibility from I-4. It sits minutes from Winter Park and the Maitland office corridor, approximately 13 minutes from Downtown Orlando, and provides guests with a direct route via HWY 429 to both Walt Disney World and Universal Orlando, bypassing downtown entirely. The Orange County Convention Center, Orlando International Airport and Orlando Sanford International Airport are all approximately 19 miles from the Property. The market benefits from surging population growth, nation-leading employment expansion, and one of the most diversified demand bases of any major U.S. lodging market.
Closets Upscale Full-Service Meetings Hotel to Winter Park
After the Rollins College hotel, the Sheraton Orlando North Hotel is the closest upscale full-service meetings hotel to Winter Park, one of Central Florida's most affluent and high-growth submarkets. Its proximity to Winter Park's corporate offices, boutique retail, Rollins College, and high-end residential neighborhoods positions the Hotel to consistently capture premium corporate, social, and university-driven demand that competing convention hotels in the broader Orlando market cannot tap into as effectively.
Compelling Value-Add Through Meeting Space And Common Area Completion
Current ownership has invested $11 million in renovations since acquisition, completing a comprehensive guest room renovation that leaves the rooms in excellent physical condition. The most compelling near-term value creation opportunity lies in completing the meeting space and common area upgrades already initiated by current ownership. Once finished, these improvements will enable a new owner to meaningfully increase RevPAR penetration through improved group sales, a segment currently being underserved relative to the Hotel's physical capacity and market positioning.
Robust And Diversified Demand Base
Orlando is not only the most visited leisure destination in the United States but also one of the premier corporate and group travel markets in the country. CVENT ranked Orlando the #1 North American meetings destination for the 11th consecutive year in 2025, anchored by the Orange County Convention Center (OCCC), the third largest in the United States, which hosts nearly 200 events annually, drawing more than 1.5 million attendees and generating an estimated $3.9 billion in economic impact. A $900 million multi-phase expansion of the OCCC, with Phase One completing in 2027, will further cement Orlando's dominance as a national convention market for years to come.
On the leisure side, Universal's Epic Universe opened in May 2025 as the single largest theme park addition in the Orlando market in over 25 years. The $5 billion, 750-acre development has already contributed to a 24% year-over-year increase in Universal's theme park revenue and generated $2 billion in annual economic output for Florida. Looking further ahead, Disney's approved $17 billion expansion program, encompassing a fifth major theme park and additional attractions to be delivered over the next 10–20 years, ensures a durable, long-term pipeline of new demand for the Orlando lodging market with no end in sight.
Neighborhood demand generators include Mailand Center one of the largest office submarkets in Orlando. Occupants include Charles Schwab, Advent Health System, as well as technology and professional services firms. The nearby 365,000 square foot Genesis Sportsplex offers a professional-grade ice arena, fitness and medical sports rehab facilities and hosts many athletic tournaments.
Clean Investment Opportunity With Maximum Flexibility
The Property is offered fee simple and free and clear of existing management and financing, affording new ownership maximum optionality in the future operation and capitalization of the Hotel.
Large Parcel
The Property sits on a 9.6 acre parcel with 525 surface parking spaces, which may offer further development potential.
Location Map
Power of Marriott
Marriott International remains the undisputed leader in the US lodging industry, consistently ranking at or near the top in customer loyalty and brand recognition across all segments. For full year 2025, Marriott reported adjusted EBITDA of $5.38 billion, up 8% year-over-year, driven by continued rooms growth and RevPAR gains across its global portfolio. Marriott Bonvoy, the industry's leading loyalty platform, closed 2025 with nearly 271 million members worldwide, making it one of the largest hotel loyalty programs globally.
