A lot depends on the size of the floor to be sanded. If it's just a small bathroom floor, an industrial belt sand will probably be a little unwieldy. Anything over a few square meters and I wouldn't attempt the job without getting the bigger machines in. They're very easy to use and yield great results.
Also, given the age of the floor, you may need to remove more material to get back to the desired look, orbital sanders (such as the mouse) aren't designed for this. In this situation hiring the machine will be money well spent.
If you're very close to the desired look, an orbital sander will enhance the finish, but they won't remove anywhere near the amount of material a belt sander will.
Leo