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Updated over 1 year ago,
Main motel is on Federal Hwy with two buildings directly behind it
- The main building consists of 15 units (9 studios and 6 hotel rooms)
- 2nd building has 6 units in it
- 3rd building (3-1 bedrooms,2-hotel rooms,1 studio and 1-3 bedroom)
- 4th building is 2-2 bedroom 1 bathroom units
Asking price is $7,500,000 with approximately 7.8% cap rate
Please let me know if you are interested in the financials you will need to sign an NDA.
Offering
Miami, Florida