Year Build: 0
Building Size: 20,433 SqFt.
No of Stories: 2
Total Lot Area: 1754657.00 SqFt.
No of Parking: 0
No of Total Units: 54
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Heating and Cooling
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: Yes
Roofing: Not Specified
Occupancy: 0%
Full 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 trained in customer service and retention. There is a high percentage of repeat clientele.