For Sale
$14,500,000

0 UndisclosedFort Lauderdale, FL 33308

Prime Broward County Hotel, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 105-key La Quinta Inn & Suites presents a compelling value-add investment opportunity in the desirable Fort Lauderdale, Florida market. Located in Broward County, zip code 33308, this four-story hotel boasts a current occupancy rate of 68% and a strong net operating income (NOI) of $945,000, translating to a 6.52% capitalization rate. The asking price for this established property is $14,500,000. This represents a significant opportunity for investors seeking to capitalize on the robust Florida hospitality market. The hotel's established brand recognition and existing operational infrastructure provide a solid foundation for future growth and profitability. Detailed financial information and due diligence documents are available upon request, subject to a non-disclosure agreement. This off-market listing offers a unique chance to acquire a well-positioned hotel in a prime location. Serious inquiries only.

Highlights

  • La Quinta Hotel in Broward County, Florida, available for purchase.
  • Off-market multi-family and hotel properties available; includes flagged and unflagged hotels with both interior and exterior corridors.
  • Additional off-market hotel opportunities include Marriott, Best Western Suites, Days Inn, Ramada, and other independent brands.

Property Details for 0 Undisclosed

Property type
Hospitality properties, Hotels
Stories
4

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.2045859
Longitude
-80.0938676
Undisclosed, Fort Lauderdale, Florida

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0 Undisclosed
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