Diverse Unit Options: The portfolio includes 140 units with various floor plans. Some units feature full kitchens, others have kitchenettes, and the remaining are standard motel rooms, ensuring flexibility to meet diverse tenant and guest needs.

Prime Location: Located in Hollywood, FL, directly on US-1 Richard’s Portfolio benefits from high visibility and accessibility, making it an ideal investment in a bustling and rapidly growing market.

High Traffic Corridor: Excellent street visibility and access, enhancing the property’s appeal to potential tenants and guests.

Strong Returns: The portfolio offers a solid 7% 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. The favorable zoning in-place allows for potential to redevelop along with the growing demands of this corridor.