OFFERING OVERVIEW:
DSH Hotel Advisors has been retained as the exclusive broker to market for sale the La Quinta Inn & Suites Miami Lakes, a Wyndham Hotel, located in Miami Lakes, Florida. This 97-room, interior-corridor property recently underwent a roof replacement in 2024 and is prominently situated along State Road 826 (with an AADT of 188,500), offering excellent visibility. It is also conveniently located near Interstate 75, two of South Florida’s most heavily trafficked transportation corridors. The property is strategically positioned to benefit from a broad and balanced mix of corporate, healthcare, leisure, and event-driven demand with year-round generators including Baptist Health Emergency Center, Hard Rock Stadium, Dolphin Mall, Miami International Airport, and Shula’s Golf Club. Additionally, the nearby Miami Lakes Business Center—home to major employers such as Sharp Electronics, Ana G. Mendez University, and the Florida Lottery—supports a strong weekday corporate demand base. Located approximately 10 miles from Miami International Airport, which welcomed 56 million passengers in 2024 (an increase of 4 million from the previous year), the property is well-positioned to capture steady demand from both business and transit travelers. The nearby Hard Rock Stadium the home to the Miami Dolphins, as well as the venue for the Formula 1 Miami Grand Prix, and the upcoming 2026 FIFA World Cup is expected to bring a large influx of visitors to the area further elevating lodging demand in the years ahead. With limited new supply in the immediate area, this asset offers a rare opportunity to acquire a well branded hotel in a high barrier to entry market.
MARKET OVERVIEW:
Miami Lakes is located in Northwest Miami-Dade County, and is part of the Miami-Fort Lauderdale-West Palm Beach MSA, which ranks among the top performing hospitality markets in the U.S. It is estimated that Miami-Dade County hosted roughly 28 million visitors in 2024, and those numbers continue to trend upward as international travel rebounds and major global events return to the area.
LOCATION OVERVIEW:
The La Quinta Inn & Suites Miami Lakes, is strategically positioned within the Miami–Fort Lauderdale–West Palm Beach, FL Metropolitan Statistical Area (MSA), commonly referred to as the South Florida market. As of 2023, this MSA is the most populous in Florida, encompassing approximately 6.18 million residents, and ranks as the ninth-largest metropolitan area in the United States. The region consists of the Tri-County Miami-Dade, Broward, and Palm Beach counties, and serves as one of the nation’s most dynamic and resilient economic hubs, with a 2023 Gross Domestic Product (GDP) of approximately $533.67 billion. It is a global gateway for finance, international trade, cruise travel, healthcare, and tourism, attracting a blend of business and leisure travelers from around the world. The Miami metro is also known for its world-class dining, luxury retail, year-round event calendar, and proximity to professional sports and entertainment venues. The Miami Lakes sub-market presents an exceptional long-term opportunity for hospitality investment within one of the most sought-after markets in the U.S.
Property Highlights:
• La Quinta Inn & Suites Miami Lakes, a Wyndham Hotel
• 97-Rooms | 4 Stories | Interior Corridor
• Absentee Ownership
• New Roof (2024)
• Value-Add through Completion of PIP
• Positioned in South Florida, One of The Nation's Top Performing Hospitality Markets
• Excellent Accessibility & High Visibility - Positioned Near Two Major Interstates (SR 826 / I-75)
• Amenities Include: Elevators, Fitness Center, Outdoor Pool, Laundry Facilities, Free WiFi, Dry Cleaning Services, Complimentary Breakfast
Location Highlights:
• 0.6 Miles to Miami Lakes Business Center
• 1.3 Miles to Miami Lakes Golf Club (Formerly Shula’s Golf Club)
• 1.6 Miles to Main Street Miami Lakes
• 7.9 Miles to Hialeah Park Racing & Casino
• 8.9 Miles to Hard Rock Stadium
• 10.6 Miles to Miami International Airport
• 14.1 Miles to Dolphin Mall
• 16.3 Miles to Loan Depot Park
• 18.5 Miles to Kaseya Center
Financial Highlights:
• List Price of $11,900,000
• YE 2024 ADR/RevPAR/OCC: $106.29 ADR / $82.32 RevPAR / 77.50% OCC
• Project Price Per Key - $138,144
• Ranked 3/5 RevPAR 2023 & 2024 - Ranked 5/5 RevPAR 2022 - Opportunity To Capture Additional Marketshare