Hotel For Sale
1219 S Federal Hwy, Hollywood, FL 33020

$7,100,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11598678
  • Virtual Tour: YES
  • List Price: $7,100,000
  • Year Built:1949
  • Listing Date:May 31, 2024
  • Days On Market:174

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.

Features


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Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker