2440 W State Road 84 - Hospitality FOR SALE
Fort Lauderdale, FL 33312 |
2440 W State Road 84
Fort Lauderdale, FL 33312
HIGHLIGHTS
- Budget-friendly, full-service, award-winning 3-Star Cruise Port Hotel
- The property has 5 additional sources of income
- Positioned strategically near Fort Lauderdale International Airport, Port Everglades Cruise Port, I-595, I-95, and Downtown Fort Lauderdale
- Buildings 2 & 3 are the Roadway with 64 rooms in total. Buildings 1, 4 & 5 may be used for the Clarion Conversion with 94 rooms in total
- Future ownership may build 120 rooms, an extended stay in the back, and 60 rooms boutique hotel in the front in addition to the current 158-room hotel
- Operationally, the hotel has achieved a gross revenue in excess of $7,076,505 prior to the pandemic and 2022 produced over $8,000,000 in gross revenue
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Rodeway Inn & Suites Fort Lauderdale Airport
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
92722
STORIES
2
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
1980
PARKING SPACES
375
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C-3, Ft Lauderdale
APN/PARCEL ID
50-42-20-00-0100
