841 N Krome Ave - Hospitality FOR SALE


Homestead, FL 33030- Downtown Homestead
$5,000,000 USD
305-785-2687
841 N Krome Ave, Homestead, FL for Sale
$5,000,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

841 N Krome Ave
Homestead, FL 33030
Downtown Homestead


HIGHLIGHTS

  • Great Return on Investment
  • 30 Unit Motel - Refurbished
  • Turn Key Operation
  • New Plumbing - New Electric - New equpment
  • Mint Condition

OVERVIEW

Excellent Investment Opportunity – 30-Unit Turnkey Motel For sale: a fully refurbished 30-unit motel in above-average condition, featuring a 9,907 SF two-story building on a 22,577 SF lot. Recent upgrades include new plumbing, updated electrical systems, new equipment and surveillance cameras. Prime location on busy Krome Avenue in downtown Homestead, close to all amenities with convenient access. Located in Homestead the gateway to the Florida Keys.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$418 USD /SF

# OF ROOMS

50

PRICE/ROOM

$100,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caribe Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1957

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

6300

APN/PARCEL ID

10-7907-031-0011

ASK ABOUT THIS PROPERTY

Sonia N Diaz CCIMThe Keyes Company - Commercial Sales & LeasingMore Info
305-785-2687

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Sonia N Diaz CCIMThe Keyes Company - Commercial Sales & LeasingMore Info
305-785-2687

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.