60 UNITS HOTEL/MOTEL IN HOLLYWOOD-21851 > Lodging and Hospitality / Economy/Limited Service

6/17/2014

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• Address: 509 N. FEDERAL HIGHWAY , Hollywood Florida 33020

  Lister: Gulya Zhakupova
  • Listing ID: CL-Florida-30837
    Listing Status: Accepting Offers
    Auction: No
    
  Net Lease Investment: No
  Financing: No Financing Available
  Buisness Available for Sale? No
  Property On Ground Leased: No
  Property Status: Normal Sale
  Bldg Status: Existing
  
  Year: 0	Bldg: 20380 sqft.
  Stories: 2	Lot: 0 sqft.
  Units: 60	Furnished: No
  Occupied: Yes	Occupancy: 95%
  ACTIVE_INVESTMENT_PROPERTY False
  
  1.00
  0
  HEATING_AND_COOLINGED
  NOT_SPECIFIED
  NOT_SPECIFIED
  ACRE
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  Description: Capital Commercial Real Estate Group, Inc is proud to exclusively present this beautiful 60room hotel located at 509 N Federal Highway, Hollywood, Florida, 33020.This stylish 60-room hotel, full-service "Zinn Inn Hotel" is one of the best quality hotels in Broward county. It is located in an area highly populated by hotels on Federal Highway. The Zinn Inn Hotel was built in 1962 and offers guests an outdoor oversized heated swimming pool, Pool Side Tikki bar, Cocktail Lounge, Patio Sun Deck and lounge chairs, guest laundry, etc. Rooms were recently upgraded. Room amenities include microwave, refrigerator, 32" Flat Screen TV, wireless internet, hair dryer, iron and ironing board, etc. The hotel is currently operating at a 95% occupancy rate with an $68 ADR . Assumable Mortgage Info Property has assumable mortgage amount of $3,995,000 with 4.25% interest rate, which will mature in 24 years. Monthly payment including principal and interest rate is $21,642.44. The property is located only