listing

$8,900,000

000 000000000 , Coral Springs FL 33065
TYPE Hotel/Motel/Hospitality SqFt 31744 MLS# RX-10361165

Property Details

StatusActive | On the market since: 2017-08-22
THE BROWARD COUNTY HOTEL IS A TERRIFIC OPPORTUNITY FOR A NON-FLAGGED HOTEL OPERATION THAT HAS BEEN A STAR PERFORMER OVER TIME. PRIVATELY OWNED AND OPERATED, THE PROPERTY HAS UNDERGONE A MAJOR RENOVATION IN 2010, AFTER WHICH WITH A CONSISTENT 80%+ AVERAGE YEARLY OCCUPANCY, YEAR AFTER YEAR, IT HAS GENERATED INCREASING GROSS REVENUES, BOASTING ALSO INCREASING NET FIGURES, ADR AND REVPAR.THE PROPERTY IS A WELL-FURNISHED AND EQUIPPED HOTEL CONSISTING OF 75 ROOMS, RECEPTION, LOUNGE, POOL AREA, A LARGE OFFICE, AND ITS OWN LAUNDRY FACILITIES. GUESTS ENJOY AMENITIES LIKE MICROWAVES AND MINI-FRIDGES, FREE SURFACE PARKING, HIGH SPEED WIRELESS INTERNET ACCESS, TELEVISION, AIR CONDITIONING AND DAILY MAID SERVICE AMONGST OTHER ADVANTAGES.
Elevator,Lobby.
Office,Pool,Traffic Heavy.

Property Highlights

Price $8,900,000
Type Hotel/Motel/Hospitality
Building Size 31744 Sqft
Price/SF $280.37
Land/Lot SqFt
County Broward
Taxes $64000.00
Tax Year 2016

Building Information

Building Description Hotel / Motel,Income,Lounge
Zoning HCS
Number of Stories 3.00
Number of Units 75
Available for Lease Not Currently Available for Lease
Building Size Source Tax Rolls
Year Built 0
Number of Offices 1
Available Documents Full Financials,Owner managed
Available Information Survey

Building Features

Location City
Construction
Cooling Central Individual
% Air Conditioned 100.00
Heating Other
Roof Other
Flooring Carpet,Ceramic Tile
Fire Protect Smoke Detector
Security TV Camera
Sales Include Building and Land,Equipment
Utilities Cable,Electric,Public Water
Special Information Elevator,Lobby,Office,Pool,Traffic Heavy

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