Orlando Airport Marriott Lakeside
A hotel property in Orlando, Florida. Securitized in 1 CMBS deal in 2018.
$103.1MAppraised value (latest deal)
73.3%Occupancy
$9.9MUnderwritten NOI
9.6%Implied cap rate
- Address
- 7499 Augusta National Drive, Orlando, FL 32822
- Property type
- Hotel · Full Service
- Year built
- 1983
- Size
- 485 Rooms
- Sponsor
- Columbia Sussex Corporation; Sussex Holidings, LLC; CSC Holdings, LLC
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| MSC 2018-H3 | 2018-07-12 | $103.1M | 73.3% | $9.9M | 9.6% | $30.0M | 69.7% | 1.68x | 424B |
Historical NOI reported in MSC 2018-H3
| Period ending | NOI |
|---|---|
| 3/31/2018 TTM | $9.9M |
| 12/31/2017 | $9.5M |
| 12/31/2016 | $7.9M |
More CMBS properties in Florida →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.