Property 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.
Address Map
FL
Broward County
Hollywood
33020
1219 S Federal Hwy
0
W81° 51' 27.5''
N26° 0' 2.8''
MLS Addon
Commercial Sale For Sale
1219 S Federal Hwy, Hollywood, Florida 33020
26,082 Sqft
$7,100,000
Listing ID #A11598678
Basic Details
Property Type : Commercial Sale
Property SubType : Hotel/motel
Listing Type : For Sale
Listing ID : A11598678
Price : $7,100,000
Year Built : 1949
Lot Area : 26,082 Sqft
Building Area : 26,082 Sqft
Status : Active
