8 UNITS HOTEL/MOTEL ACROSS THE BEACH-21836

Lodging and Hospitality / Economy/Limited Service / 315 ROOSEVELT STREET , Hollywood Florida 33019

 
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Richard Harvey

Capital Commercial Real Estate Group

Office Phone: 954-455-3366241

Cell Phone: 954-279-6243

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Published on: Tuesday, June 17, 2014 1:28:12 PM
Updated on: Tuesday, June 17, 2014 1:28:12 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-Florida-30843

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 0%

Year Build: 0

 

Building Size: 3,665 SqFt

Lot Size: 0 Acre

No of Stories: 2

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

 Details

Offer to Millionaire Club: No

Listing Summary: Capital Commercial Real Estate Group, Inc. proudly presents charming and colorful Eight-Unit Beach Hotel Suites located just one house from the ocean. Two story building has been recently renovated all units are 1/1 suites with updated kitchens and baths, a/c and cable TV. Includes real estate, all furnishings and ongoing business. On-Site parking and Laundry facility. Hollywood Beach is abuzz with high-end residential and hotel development. Many hotel buildings have been razed, tightening the supply and increasing the demand for upscale beachside accommodations. The city has targeted the area to insure its upward trajectory as an international vacation destination. The Margaretville, Costa Hollywood and Sage Beach developments are shaping the future of this beach city into a tropical destination paradise. Less than 10 minutes away from Hollywood/Ft. Lauderdale International Airport (FLL) and steps from the beach. The nearby Hollywood Broadwalk features dining, nightlife and open liv

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 0

Commission Split (%): 1.5

Complete Details


Year Build: 0

Building Size: 3,665 SqFt.

No of Stories: 2

Total Lot Area: 0.00 Acre

No of Parking: 0

No of Total Units: 8

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Not Specified

Occupancy: 0%

Full Description


Capital Commercial Real Estate Group, Inc. proudly presents charming and colorful Eight-Unit Beach Hotel Suites located just one house from the ocean. Two story building has been recently renovated all units are 1/1 suites with updated kitchens and baths, a/c and cable TV. Includes real estate, all furnishings and ongoing business. On-Site parking and Laundry facility. Hollywood Beach is abuzz with high-end residential and hotel development. Many hotel buildings have been razed, tightening the supply and increasing the demand for upscale beachside accommodations. The city has targeted the area to insure its upward trajectory as an international vacation destination. The Margaretville, Costa Hollywood and Sage Beach developments are shaping the future of this beach city into a tropical destination paradise. Less than 10 minutes away from Hollywood/Ft. Lauderdale International Airport (FLL) and steps from the beach. The nearby Hollywood Broadwalk features dining, nightlife and open live entertainment at the Hollywood band-shell. Take a free shuttle to Historic Downtown Hollywood for more shopping and eclectic dining options. A half-hour coastal drive takes you to Fort Lauderdale to the north or Miami' s South Beach to the South, making Hollywood the perfect location for sun, fun, making money and living the American Dream.

Additional Properties


Property Highlights
  • UPSIDE POTENTIAL
Features
  • RECENTLY REMODLED

Actual - Cash Flow


Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2013
$242,000.00
$0.00
$57,715.00
$184,285.00
$0.00
0%
Cash Flow for Current Listings
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