UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 10,925 sqft
Price per Sqft $201
MLS Listing ID A11598701
HOA Y/N No
Year Built 1952
Annual Tax Amount $17,985
Lot Size 0.251 Acres
Property Sub-Type Hotel/Motel
Property Description
Street View: Enjoy excellent street visibility and access, enhancing the property's appeal to potential tenants and guests.
Investment Highlights:
Strong CAP Rate: The portfolio offers a solid 6% CAP rate, providing investors with an attractive return on investment.
Growth Potential: Hollywood, FL, is a dynamic market with robust tourism and business activity, offering strong demand for both multifamily and motel accommodations.
Location
State FL
County Broward
Area 3020
Exterior
Private Pool Yes
Others
Tax ID 514222090550
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11598701
"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."
1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States