1743 Wiley St Hollywood, FL 33020
12-Room Pet-Friendly Motel, 7% Pro-Forma Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- $2,200,000 asking price for a value-add hotel investment opportunity.
- 11-key, 1-story, pet-friendly motel in Hollywood, FL.
- 5.5% current cap rate, 7% pro-forma cap rate.
- 100% occupancy with a current NOI of $121,000.
- Built in 1952, located in Broward County near Fort Lauderdale and Miami.
- Broker co-op available.
Property Details for 1743 Wiley St
- Property type
- Hospitality properties, Hotels
- Year Built
- 1952
- Stories
- 1
Location Insight
- City
- Hollywood
- County
- Broward
- State
- Florida
- Latitude
- 25.9997986
- Longitude
- -80.1420349
Nearby Similar for Sale
FAQs
- What type of property is this?
- Hospitality property - 12-Room Pet-Friendly Motel, 7% Pro-Forma Cap Rate
- Where is the hospitality property located?
- The property is located at 1743 Wiley St Hollywood, FL.
- What is the asking price?
- The asking price for this property is $2,200,000.
- What are key features of this property?
- This property features: $2,200,000 asking price for a value-add hotel investment opportunity.; 11-key, 1-story, pet-friendly motel in Hollywood, FL.; 5.5% current cap rate, 7% pro-forma cap rate.
- How can I contact the broker?
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