Hotel – 30 Rooms in Hollywood, FL – Impressive Return and Art Deco Charm
Commercial Sale
Category: Hospitality (Hotel / Motel)
Price:$8,000,000
Location: Hollywood, FL
Year Built: 1955
Days on Market: 4
Description:
Welcome to an outstanding investment opportunity located in Hollywood. This property features a 30-room hotel, currently in operation and delivering an impressive return of 7.6%. Its distinctive Art Deco style adds a touch of timeless elegance to the vibrant surroundings. In addition to the 30 rooms, it has an impressive swimming pool, two storage rooms and new roof. Strategically located on S Federal Highway, this property benefits from high visibility and accessibility, making it an attractive destination for both business and leisure travelers. Close to Arts park, restaurants, shops, bars, clubs and 5 minutes away from the beach. Positioned for future growth, this property offers various possibilities for expansion or adaptation to evolving market trends.
Amazing 30 rooms hotel. Showings only with appointment.
Listing Code: 1054102651