1219 S Federal Hwy, Hollywood, 33020

  • $7,300,000

Listing UP for Sale

Hollywood

1219 S Federal Hwy, Hollywood, 33020

Hollywood

  • $7,300,000

Overview

Property ID: A11598678
  • 26082
  • Lot sqft
  • 1949
  • Year Built

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 1219 S Federal Hwy
  • City Hollywood
  • State/county Florida
  • Zip/Postal Code 33020
  • Area Broward County

Details

Updated on June 1, 2024 at 8:07 pm
  • Property ID: A11598678
  • Price: $7,300,000
  • Land Area: 26082 sqft
  • Year Built: 1949
  • Property Status: Listing UP for Sale

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