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Hospitality Property in Hollywood, FL – High Visibility and 6% CAP Rate

Commercial Sale

Category: Hospitality (Hotel / Motel)

Price:$2,200,000

Location: Hollywood, FL

Year Built: 1952

Days on Market: 21

Description:

Located in Hollywood, FL, Richard’s Portfolio benefits from high visibility and accessibility, making it an ideal investment in a bustling and rapidly growing market. 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.

Enjoy excellent street visibility and access, enhancing the property's appeal to potential tenants and guests.

Listing Code: 1075974671