1112 5Th AveFort Lauderdale, FL 33304
Eight-room hotel, high ROI potential.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 113
Highlights
- Exceptional eight-room, sixteen-bed hotel investment opportunity in Fort Lauderdale, FL.
- Prime location near Las Olas Boulevard, Fort Lauderdale Airport, and other attractions ensures high occupancy.
- Strong financials: $990,000 asking price (business included), $890,000 for real estate only, $93,696 NOI, 9.46% cap rate.
- Built in 1982, duplex structure offers potential for expansion or renovation.
- Currently operating as a hostel, presents significant value appreciation potential.
Property Details for 1112 5Th Ave
- Property type
- Hospitality properties, Hotels
- Year Built
- 1982
Location Insight
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Latitude
- 26.1392977
- Longitude
- -80.1392689
Nearby Similar for Sale
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