1219 S Federal Hwy Hollywood, Florida
MLS#: A11598678
$7,100,000 USD
Listed By ONE Commercial LLC
The Hospitality Property for Sale located at Hollywood, Florida is currently for sale. Hollywood, Florida is listed for $7,100,000. If the property located at Hollywood, Florida isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Hospitality Properties for Sale in Hollywood .
Date Updated : Nov 8, 2024
Property features
Construction details
- Year built: 1949
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.