Property summary
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.
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6 recent transactions · within 1.5 miComparable in this City
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