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$2,200,000
Est. payment /mo
10,925 SqFt
UPDATED:
11/05/2024 02:39 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 10,925 sqft
Price per Sqft $201
MLS Listing ID A11598701
HOA Y/N No
Year Built 1952
Annual Tax Amount $17,985
Lot Size 0.251 Acres
Property Description
Located in Hollywood, FL, Richard’s Portfolio benefits from high visibility and accessibility, making it an ideal investment in a bustling and rapidly growing market.
Street View: Enjoy excellent street visibility and access, enhancing the property's appeal to potential tenants and guests.
Investment Highlights:
Strong CAP Rate: The portfolio offers a solid 6% 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.
Street View: Enjoy excellent street visibility and access, enhancing the property's appeal to potential tenants and guests.
Investment Highlights:
Strong CAP Rate: The portfolio offers a solid 6% 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.
Location
State FL
County Broward
Area 3020
Others
Tax ID 514222090550
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Listed by ONE Commercial LLC