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$ 7,100,000
Est. payment /mo
Price Dropped by $200K
1219 S Federal Hwy Hollywood, FL 33020
26,082 SqFt
UPDATED:
11/07/2024 02:35 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 26,082 sqft
Price per Sqft $272
MLS Listing ID A11598678
HOA Y/N No
Year Built 1949
Lot Size 0.599 Acres
Property 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.
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.
Location
State FL
County Broward
Area 3020
Others
Tax ID 514222090750
Listed by ONE Commercial LLC