An investment vehicle of Kissimmee resident Guo Zhong Li paid $1.68 million this week for the 50-room motel, made famous locally for the unforgettable "bedbug" episode in the show's second season and for helping launch the political career of former owner Peggy Sandoval Choudry.
When show host Anthony Melchiorri visited the Kissimmee motel, it was a living example of every bad meme for the struggling W192 corridor. The low weekly rates had transformed the motel into de facto low income housing, and it showed. The lobby resembled a bodega, with shelves of canned ravioli, ramen noodles and cheap shampoo.
The team redesigned the lobby, guest rooms and upgraded the pool area. Most importantly, Melchiorri convinced Choudry's father to promote his daughter and allow her to run the business.
The family sold the property for $1.4 million less than a year after the show aired. Choudry leveraged the experience to start her own hospitality consulting business, and last year won election to Osceola County's Board of County Commissioners.
John Fintock's Ameron Hotels LLC continued with the renovations following the model established by the Hotel Impossible design team. The motel now has a 3.5 rating on TripAdvisor.
The former Continental Inn next door at 4650 W. Irlo Bronson Memorial Highway also changed hands this year (for $1.5 million), and has since been renovated and rebranded as the Relax Inn.
Another motel on the same block sold in late 2016 to Chinese investors for $1.62 million.