54 UNITS HOTEL WITH GIFT SHOP/CONVENIENCE STORE BUSINESS AND REAL ESTATE - #21712 > Lodging and Hospitality / Motel

6/20/2014

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• Address: location not disclosed , Hollywood Florida 33019

  Lister: Richard Harvey
  • Listing ID: CL-Florida-30899
    Listing Status: Accepting Offers
    Auction: No
    
  Net Lease Investment: No
  Financing: No Financing Available
  Buisness Available for Sale? Yes
  Property On Ground Leased: No
  Property Status: Normal Sale
  Bldg Status: Existing
  
  Year: 0	Bldg: 20433 sqft.
  Stories: 2	Lot: 0 sqft.
  Units: 54	Furnished: No
  Occupied: Yes	Occupancy: 0%
  ACTIVE_INVESTMENT_PROPERTY True
  
  1754657.00
  0
  HEATING_AND_COOLINGED
  NOT_SPECIFIED
  NOT_SPECIFIED
  SQUARE_FEET
  NOT_SPECIFIED
  
  
  
  
  
  
  
  Description: Deco-inspired 54 unit hotel on 12 lots in Award Winning Hollywood Beach, Florida. Three sparkling pools, all amenities and extensive renovations. Unit mix includes studios, efficiencies, one-bedroom and three bedroom suites with desirable kitchens. Guests can buy a nice variety of food in the onsite store. Included with this established and profitable business is a gift shop/convenience store, which adds substantially to the bottom line. The five building cluster totals almost an acre of valuable oceanside real estate. Filled with mid-century charm and all the modern conveniences, including wireless internet, cable and flat-screen TVs. Units feature convenient full kitchens or kitchenettes. Property includes valuable parking, and additional income from guest laundry and vending machines as well as a c-store. The only store in the area that opens until 4 A.M. Business has grown consistently over the past five years and earnings are on an upward trajectory. Professional staff is well