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4560 - 4562 Bougainvilla Drive - Hotel Seacrest, Lauderdale By The Sea, FL

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4560 - 4562 Bougainvilla Drive - Hotel Seacrest

Lauderdale By The Sea, FL 33308 - Fort Lauderdale Submarket

Property Type:Hospitality Number of Rooms:8 Status:Existing Year Built:1959
Stories:2 Building Size:4,016 SF Land Area:.28 AC (12,384 SF)
For Sale Price:$1,995,000 Price/Room:$249,375 Cap Rate:11.00 %

Parking:1.17 Parking Spaces / 1,000 SF

Sale Notes:
The coveted #1 Trip Advisor ranking is held by this boutique motel. The reason for this well-deserved distinction is quite evident as you enter the gated courtyard. Every detail gleams as though brand new! From the impact windows and doors, new kitchenettes with granite, fully renovated bathrooms with rain showers, specialty tiling, new appliances and furnishings to exterior landscaping and sparkling pool, there is not a speck out of place. Phenomenal income is generated due to care and service provided to world traveling guests seeking this quality.

NOTE: Property is in the City of Lauderdale By The Sea.

The Keyes Company
Ross Z Herman, P.A.
(954) 563-6800

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