• listing
  • Hospitality
1219 S Federal Hwy Hollywood, FL 33020
  • Hospitality
  • 7,100,000

Hospitality

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 $7,100,000, or $191,000 per key. Available Owner Financing

Gulya
Sanchez
Investment Sales Advisor

Property Info

  • Price
    $7,100,000 USD
  • Price Per Room
    $191,892 USD
  • Sale Type
    Investment
  • Cap Rate
    6.11%
  • Sale Conditions
    Business Value Included
  • Property Type
    Hospitality
  • Property Subtype
    Hotel
  • Building Class
    C
  • Lot Size
    0.60 AC
  • Building Size
    26,082 SF
  • No. Rooms
    37
  • No. Stories
    2
  • Year Built/Renovated
    1949/1965
  • Parking Ratio
    0.77/1,000 SF
  • Corridor
    Exterior

Location

1219 S Federal Hwy,
Hollywood, FL 33020

Contact

contact Gulya
305.915.8250
3250 Mary Street, Suite 520
Coconut Grove, FL 33133
Languages Spoken: English, Russian, Spanish

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