1419 Federal Hwy, Hollywood, FL 33020-6341

This exceptional investment opportunity presents a portfolio of four properties totaling 70 keys in Hollywood, Florida. The 29,982 square foot portfolio, built in 1950 and featuring two-story buildings, boasts a strong net operating income (NOI) of $845,990, resulting in a 7.05% cap rate. Priced at $11,995,000 ($400.07 per square foot and $171,000 per key), this stabilized investment offers seller financing for qualified buyers. The motel's prime location between Fort Lauderdale Airport and Miami ensures consistent occupancy, attracting both short-term tourists and long-term guests. Amenities include kitchenettes in select rooms, televisions, microwaves, and mini-refrigerators in all units. This established business, operating successfully for over 40 years, benefits from a loyal clientele and offers versatile stay options catering to various needs. Its proximity to Hollywood's renowned beaches further enhances its appeal. The portfolio's strong reputation for exceptional hospitality and customer service makes it an ideal acquisition for investors seeking a proven, high-performing asset in a sought-after South Florida vacation destination. The property's history of success and significant growth potential make it a compelling investment opportunity.