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841 N Krome Avenue - Caribe Motel, Homestead, FL

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841 N Krome Avenue - Caribe Motel

Homestead, FL 33030 - South Dade Submarket

Property Type:Hospitality Number of Rooms:28 Status:Existing Year Built:1934
Stories:2 Building Size:11,976 SF Land Area:1.01 AC (43,996 SF)
For Sale Price:$1,600,000 Price/Room:$57,143 Cap Rate:12.50 %

Parking:1.11 Parking Spaces / 1,000 SF

Sale Notes:
28 room Motel with spacious 3 bedroom home w/ Manager's Quarters for sale. 11, 976 ASF, two story building on an approximately 1/2 Acre lot. Good Condition-Many Updates. Excellent for Owner-Operator. Great Location and Access. Located on Busy Downtown Homestead - Steady Net operating Income and Cap rate. OWNER WANTS TO RETIRE. BRING ALL OFFERS!!!

The Keyes Company
Sonia Diaz
(305) 785-2687

Don Phillips
(305) 779-1815

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