1201 S Federal Hwy, Hollywood

$7,500,000

0 Beds
0 Baths
31,531 Sqft
.724 Acres
0 Garages

The Shell Motel portfolio is comprised of 5 properties 4 of which are contiguous and the 5th is located across the street in an opportuneity zone east of US 1. The property offers great exposure on the federal Highway core door in a municipality which is experiencing tremendous growth and appreciation. In 2017, the Shell Motel has been designated Travelers’ Choice by the hotel reservation site Trip Advisor. Reviews from visitors refer to the cleanliness of the premises and the friendly service provided to them during their stay. The property operates in season primarily with little effort during off-season. The OM utilizes a 12 month operating platform was utilized with 95% occupancy in season and 70% occupancy out of season. Property supports a stabilized 7+ % capitalization rate

Essential Information
MLS® #F10207589
Price$7,500,000
Bathrooms0.00
Square Footage31,531
Acres0.72
Year Built1952
TypeCommercial/Industrial
Sub-TypeHotel/Motel
StyleHotel Non-Waterfront
StatusActive-Available
Community Information
Address1201 S Federal Hwy
Area3030
CityHollywood
CountyBroward County
StateFL
Zip Code33020-6029
Amenities
ParkingCommon Parking
Interior
# of Stories1
Stories1
Exterior
ConstructionCbs Construction
Roof

Barrel Roof, Composition Roll, Various Material(S) Roof

Additional Information
Days on Market106
ZoningOM
Listing Details
OfficeMedia Realty

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