1219 S Federal Hwy, Hollywood, Florida 33020
MLS#: A11598678
$7,100,000 USD
Listed By ONE Commercial LLC
The Hospitality Property for Sale located at Hollywood, Florida 33020 is currently for sale. Hollywood, Florida 33020 is listed for $7,100,000. If the property located at Hollywood, Florida 33020 isn't what you're looking for, visit https://www.sheliagasson.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.
Location
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All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.