Property > United States > Florida > BRING ALL OFFERS! Centrally located revitalized area with 134 feet along the river! Currently used as hotel, $300K income and 9.57% cap rate.

BRING ALL OFFERS! Centrally located revitalized area with 134 feet along the river! Currently used as hotel, $300K income and 9.57% cap rate.

Florida, Miami

USD 2,393,600 ( $2,393,600) Property Type: Commercial Unit Type: Hotel/Hotel Apartments Location: Florida, Miami Bedrooms: Studio Plot size: 12,803 Sq ft Watch Video
OWNER SAYS SELL! BRING ALL OFFERS! Great deal on a centrally located revitalized area. Currently used as a hotel with $300K gross income and 9.57% cap rate. The property has 134 feet of waterfront, and overlooks the river that runs behind plus there is a scenic park just on the other side of the river. The location is within a close proximity to Wynwood and shopping districts with just a short distance to the beach. This building is currently used as a 12 unit hotel. (Tax record reflects 8 apt. units.) The two adjoining properties are also available...providing 445 feet along the river, which would be great for redevelopment. Call for more details.
General Description
Web Reference: RO-RETSCLS-MX-2058865453
Listing Ref No: A10492361
Country: United States
City: Miami
State: Florida
Latitude: 25.846835
Longitude: -80.186555
Exclusive: No
Property Type: Commercial
Commercial Property Type: Hotel/Hotel Apartments
Furnished: No
Tenanted: No
Attributes
Lot/Plot Size SqF: 12803.00
Lot/Plot Size SqM: 1189.21
Agent Michael Swing Company Capital Commercial R.e. Group

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