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Commercial For sale Lodging and Hospitality Bed and Breakfast

Commercial Property for Sale in Hollywood Florida 33027

1524 NE 19th Street, Hollywood, Florida 33027

$5,300,000
$353 / sq ft 2.83% cap rate Listed Nov 13, 2023
15,000 sqft
Building
2 acres
Lot
2014
Built
1
Stories
10
Parking
50
Units

About this property

Commercial Property for Sale in Hollywood Florida 33027 is a lodging and hospitality for sale in Hollywood, Florida, listed at $5,300,000. Key details: year built 2014, building size 15,000 sqft, lot size 2 acres, stories 1. Listed by Carolina Montoya of Hybridge New Commercial, LLC on LoopingCloud and last updated November 16, 2023.

Introducing the Super 8 Clovis, a prime #HospitalityInvestment located at 2912 Mabry Dr in Clovis, New Mexico. This two-story #LimitedServiceHotel features 96 well-maintained rooms, renovated in 2015. Amenities include #HighSpeedInternet, #DirectTVCable, an #OutdoorPool, #HotTub, #FitnessFacility, and a complimentary #BreakfastBuffet. Each room offers individually controlled climate systems for guest comfort. Attracting #LocalPatrons, #DestinationVisitors, and transient #HighwayTravelers, this property boasts continuous recognition through the Pride Super 8 program and stands out as a top-ranked hotel on #TripAdvisor, ensuring exceptional #CustomerSatisfaction.

Priced below replacement cost, this #InvestmentOpportunity is ideal for owner/operators seeking to acquire a thriving business. The Super 8 Clovis is a perfect choice for those entering the #HospitalityIndustry or looking to expand their portfolio. Don't miss this chance to own a highly regarded hotel in Clovis, New Mexico. Contact us for more information and to schedule a viewing!"

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Key highlights

  • Occupied
  • Retail
  • Restaurant

Message to brokers and agents

Please call for more information

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Business Opportunities

LoopingCloud connects you with property buyers, sellers, and agents. Feature your business on residential and commercial listings.

CompanyBusiness typeContactPhone
BAY TITLE COMPANY Title Services ALANA Supraski (305) 692-8886

Property details

Key facts

Year Built
2014
Building Size
15,000 sqft
Lot Size
2 acres
Stories
1
Parking Spaces
10
Total Units
50
Building Class
Class B
Heating & Cooling
Heating and Cooling
Roofing
Barrel
Occupied
Yes
Occupancy
50%
Property Status
Normal Sale
Building Status
Existing

Pricing details

Financing
Third Party Financing
Investment Property
Active investment property
Business Available for Sale
Yes

Investment snapshot

2.83%
Cap rate
$150,000
Net operating income
$353
Price per sq ft

Actual - Cash Flow

Source: Yearly tax returns

Gross incomeNet operating income
$0$125K$250K$375K$500KGross income $500,000Net operating income $150,0002022
YearGross incomeEffective grossExpensesNOIPre-tax cash flowCap rate
2022$500,000-$20,000$150,000--

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $5,300,000 - - - -

Features and amenities

Property Other Use Types

  • Retail
  • Restaurant

Location

Address as shown by the lister.

Get directions

About this area - Hollywood

Population
25,471
Housing units
14,502
Land area
14.1 sq mi
County
Broward

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Property documents

1 file to download

Additional contacts

2 people to reach

Frequently asked questions

What is the asking price of Commercial Property for Sale in Hollywood Florida 33027?

Commercial Property for Sale in Hollywood Florida 33027 is listed at $5,300,000. That works out to about $353 per square foot. The stated cap rate is 2.83%.

Where is Commercial Property for Sale in Hollywood Florida 33027 located?

The property is in 1524 NE 19th Street, Hollywood, Florida 33027, Broward County.

What type of property is this?

This is a lodging and hospitality for sale in the commercial category.

How big is the property?

The building is 15,000 sqft. The lot is 2 acres.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Carolina Montoya of Hybridge New Commercial, LLC listed this property. Use the Request Info button to send a message or call (954) 879-7452.

When was this listing published?

It was published on November 13, 2023 and last updated on November 16, 2023.

Listing information

Listing ID
CL-Florida-10158
Published
Nov 13, 2023
Last updated
Nov 16, 2023
Views
1,786

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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