000 000000000, Coral Springs, 33065

Commercial - Income, Hotel/ Motel For Sale

$8,900,000

Beds
Baths
31,744Sqft
1.15Acres
Built
MLS® #: RX-10361165
Active , 276 Days on Website

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.THE PROPERTY OPERATION IS VERY TIGHT, WITH FEATURES SUCH AS A CLOSED TV CIRCUIT ACCESSIBLE ONLINE, A COMPUTERIZED LIQUOR POURING SYSTEM AND A CASH DEPOSITORY SAFE, AMONGST OTHERS. THE STRUCTURE, WHICH IS MADE OF CONCRETE, BLOCK AND STUCCO, IS 31,744 SF IN SIZE AND SITS ON A GENEROUS 1.15 ACRE SITE.

Price & Status History

Date Details
Status Changed from New to Active

Essential Information

MLS® #: RX-10361165
Price: $8,900,000
Square Footage: 31,744
Acres: 1.15
Type: Commercial
Sub-Type: Income, Hotel/ Motel
Style: Hotel / Motel, Income, Lounge
Status: Active

Community Information

Address: 000 000000000
Area: 3531
City: Coral Springs
County: Broward
State: FL
Zip Code: 33065

Amenities

Utilities: 3-Phase Electric, Cable, Public Water

Interior

Appliances: Building and Land, Equipment
Heating: Other
Cooling: Central Individual
# of Stories: 3

Exterior

Lot Description: Broward County Hotel
Roof: Other

Additional Information

Listing Office: The Keyes Company
Zoning: HCS

Financials

$/SqFt: $280

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2018 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2018 Beaches Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on May 25th, 2018 at 10:30pm EDT.