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Motel – 2 Properties in Hollywood, FL – Prime Location between Fort Lauderdale Airport and Miami

Commercial Sale

Category: Hospitality (Hotel / Motel)

Price:$7,100,000

Location: Hollywood, FL

Year Built: 1949

Days on Market: 47

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.

Listing Code: 1075973820