For Sale
1219 Federal Hwy, Hollywood, Florida 33020
$7,300,000
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.
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Details
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Property Type: Commercial
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Property SubType: Hotel/motel
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Listing Type: For Sale
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Listing ID: A11598678
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Price: $7,300,000
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View: Intercoastal,ocean,pool
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Bedrooms: 0
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Bathrooms: 0
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Half Bathrooms: 0
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Square Footage: 0 Sqft
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Year Built: 1949
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Status: Active
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Original Property Type: Commercial Sale
Features
Location
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Country US
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State FL
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County Broward County
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City Hollywood
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Zipcode 33020
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Neighborhood: Hollywood
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Street: Federal Hwy
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Street Number: 1219
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Floor Number: 0
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Longitude: E0° 0' 0''
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Latitude: N0° 0' 0''
Additional Info
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UnBranded Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11598678
