Hotel 1,134 m² in Hollywood

$8,000,000

$7,054 /m²

Room stock —
Yield —
Constructed 1955
Price per key —

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Key project parameters

Total area: 1,134 m²
Constructed: 1955

Project description

Welcome to an outstanding investment opportunity located in Hollywood. This property features a 30-room hotel, currently in operation and delivering an impressive return of 7.6%. Its distinctive Art Deco style adds a touch of timeless elegance to the vibrant surroundings. In addition to the 30 rooms, it has an impressive swimming pool, two storage rooms and new roof. Strategically located on S Federal Highway, this property benefits from high visibility and accessibility, making it an attractive destination for both business and leisure travelers. Close to Arts park, restaurants, shops, bars, clubs and 5 minutes away from the beach. Positioned for future growth, this property offers various possibilities for expansion or adaptation to evolving market trends.

Tenants

Agreement: n/a

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annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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