MLS # :A11598678 |
Price :$7,100,000 |
Status :
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Listing Date :May 31, 2024 |
Square Footage :Not Available |
County :Broward County |
Square Footage :Not Available |
Year Built :1949 |
Taxes :Not Available |
Waterfront :No |
Virtual Tour : |
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Remarks :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. |
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