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. 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.
Property Details
Price:
$7,100,000
MLS #:
A11598678
Status:
Active
Beds:
0
Baths:
0
Address:
1219 S Federal Hwy
Type:
Commercial
Subtype:
Hotel/Motel
City:
Hollywood
Listed Date:
May 31, 2024
State:
FL
Finished Sq Ft:
26,082
Total Sq Ft:
26,082
ZIP:
33020
Year Built:
1949
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- Address1219 S Federal Hwy Hollywood FL
- CityHollywood
- CountyBroward County
- Zip Code33020
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