Undisclosed Fort Lauderdale, FL 33308
- Hospitality properties
Current Use by Public Records
- Hospitality properties
Property Details for 0 Undisclosed
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.0939
- Latitude
- 26.2046
