$7,100,000
( $272.22Per Sq Foot )
$38,114 forsale estimated payment Sourced by Back At You1219 S Federal Hwy , Hollywood, FL 33020
Hollywood, FL 33020
Description
As the exclusive representative of the seller, One Commercial Real Estate is pleased to present for sale to qualified investors Richard's Motel located in Hollywood, FL. This portfolio, composed of 2 properties, offers a healthy mix of motel rooms and apartment units and is available for $7,300,000, or $208,000 per key. Richard's Motel is perfectly situated between Fort Lauderdale Airport and the bustling, world-famous city of Miami. With kitchenettes available in select rooms, the properties' guest rooms all feature a television, microwave, and mini refrigerator. This well-run motel business boasts years of history and a steady stream of regular bookings. It's an excellent investment opportunity in a prime location.
Details
| Mls | A11598678 |
|---|---|
| Listing Type | For Sale |
| Style | Hospitality |
| Subtype | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 187 |
| Listing Provided By | ONE Commercial LLC | Gulya Sanchez |
Features
| Sq Feet | 26,082 |
|---|---|
| Zoning | FH-2 |
| Acreage | 26082.00 |
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3020 |
| Listing VS Median (in 33020) | |
Price: $7,100,000 low | high Med: $15,000 SqFt: 26,082 low | high Med: 3,532 $ / SqFt: $272 low | high Med: $4 On Site: 187 low | high Med: 32.000000 | |
Listing Updated: November 27, 2024 at 12:28:27 PM PST